We’ve begun the second quarter of 2026, and learning leaders are already hard at work putting their training strategies into action — some may even  be pivoting initiatives already to keep pace with evolving business needs.

Meanwhile, training vendors are busy leveling up their offerings to help organizations navigate an uncertain business climate.

Let’s take a moment to consider the deals that took place last quarter.

Learning Tech and AI

Like Q4 of 2025, last quarter saw the most deals take place in the learning tech and artificial intelligence (AI) sectors of the market. The demand for AI-enabled solutions aligns with the 2026 Trends Report, which notes that embedding AI into authentic skill building “can help employees remain competent and adaptable as technology continues to reshape their work.”

Here are the deals we took note of in these sectors last quarter:

• Synthesia, an AI video platform, raised $200 million in a Series E funding round at a $4 billion valuation. In our coverage of this news, Dan-Vlad Cobasneanu, director of brand and product marketing at Synthesia, shared that the company is focused on leading the shift away from one-way, broadcast-style communication to two-way interactive conversational experiences: “That’s where we’re going to use the investment, and that’s our number one focus — to make sure that we, again, can continue to serve our community of learning and development managers with the absolute best products.”
• Scholé AI, an AI-native learning platform, announced it has raised $3 million in funding led by ACE Ventures, with participation from The House Fund and FundF.
• Perceptyx, an employee experience AI company, announced its acquisition of Lyceum AI, an AI-driven learning platform. “Employee experience and learning and development have long been organized in silos,” said Ross Wainwright, CEO of Perceptyx, in the press release. “With the addition of Lyceum, we are expanding our ability to close the long-standing gap between employee insight and the critical development of skills to support business execution.”

• Docebo Inc. (“Docebo”), an AI-powered enterprise learning platform, announced it has acquired all of the issued and outstanding shares of privately held 365Talents, an AI-powered skills intelligence and workforce analytics company.
• Alchemist Group, the parent company behind a portfolio of learning brands, announced the acquisition of The Experiential Learning Group (TELG), a UK-based training company, and its three brands: PCA, PCA Law and Youd Andrews.
• Cognota, a provider of learning operations (LearnOps®) software, announced a $5.75 million Series B funding round led by Blossom Street Ventures, with support from Comerica Bank and existing investors.
• TicTac Learn has acquired Distrisoft, marking its entry into the French market and extending its reach across Europe’s learning technology sector.
• LearnPro Group, backed by Apiary Capital,  announced the acquisition of key immersive training products and technologies from RiVR (Reality in Virtual Reality Ltd.).
• Lattice, a people platform where people and AI succeed together, announced the acquisition of Mandala’s AI-native coaching technology and the addition of its founder, Tarun Galagali.

Content Development

The content development sector saw two deals last quarter:

• goFLUENT, a leader in B2B language training and assessment solutions, announced the conclusion of its acquisition of the business operations of Learnship Networks GmbH (“Learnship”).
• NIIT Learning Systems Limited [(NIIT Managed Training Services (NIIT MTS)], a global managed learning services provider, announced that it has acquired 100% of SweetRush, Inc. (“SweetRush”), a provider of AI-enabled custom learning experience design and strategic training solutions.

Other Deals By Market Sector

Workforce Development:

• Specialist health care training provider Tidal Training was acquired by Realise Training Group.

Leadership Training:   

• Leadership development provider ExecOnline announced a strategic investment for an undisclosed amount, led by JS Partners with participation from previous investors. The investment will help support continued product innovations and potential acquisitions, the press release shares.