Existing investor Kaplan took part in a series C round that will go to sales and marketing and product expansion for the leadership tutor.
ExecOnline (EXO), a US-based provider of leadership and personal development courses, has completed an $18m series C round featuring educational services provider Kaplan.
Private equity firm ABS Capital Partners led the round, which was also backed by New Spring Capital, Osage Partners and New Atlantic Ventures.
Founded in 2012, EXO offers leadership development courses in partnership with established business schools. It plans to put the series C proceeds toward expanding its range of courses and increasing sales and marketing.
Stephen…