ExecOnline, the pioneer of online leadership development for enterprises, announced a Series D funding round of $45 million led by OMERS Growth Equity. All of ExecOnline’s major existing investors are also participating in the round, including Kaplan, ABS Capital Partners, NewSpring, and Osage Venture Partners. As a result of the transaction, Saar Pikar, managing director with OMERS Growth Equity, will join the ExecOnline board of directors.

ExecOnline partners with elite business schools like Berkeley Haas, Columbia, Stanford GSB, and Wharton, and leverages its unique applied learning approach and proprietary online platform to deliver participant completion rates above 90%, impressive NPS scores, and strong ROI for the enterprise. The funding will be used to accelerate growth by investing in sales and marketing, expanding the company’s content Experience Library, and enhancing its technology platform.

The WilmerHale team representing ExecOnline includes Stephanie Evans, Adam Freiman, and Evan Kirsch.