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Acorn Secures $12.3M in Series A Funding to Expand Performance Learning Platform

Australian AI startup Acorn raises $12.3M to expand its performance learning platform. The funding will support geographic growth and product innovation.

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Acorn Secures $12.3M in Series A Funding to Expand Performance Learning Platform

Acorn, an Australian AI-powered performance and learning management platform, has secured $12.3 million USD in Series A funding. Led by Level Equity, with participation from several undisclosed investors, including Acorn Pacific Ventures, Pegatron, Meimaii Technology, AVA Ventures, and the National Development Fund, the round was completed in June 2025.

Acorn connects learning to performance, offering a proprietary library of over 1,600 capabilities and 4,800 proficiency levels. The platform helps organizations define crucial capabilities, map them to roles and learning content, and create personalized development plans. It empowers L&D, HR, and people leaders to create clear career pathways and demonstrate the business impact of learning.

The funding will be used to drive geographic expansion, accelerate product development, and strengthen strategic partnerships. Acorn operates in the Software Category: Performance Learning Management System (PLMS) / HR Tech / EdTech.

With the successful completion of its Series A funding round, Acorn is well-positioned to grow and innovate. The company aims to expand its reach geographically, enhance its product offerings, and form strategic alliances to better serve its clients in the performance learning management space.

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