Absorb LMS designs, develops and commercializes learning management system for businesses and higher education institutes. Read more

298 Followers on Owler
298 Followers on Owler
298 Followers on Owler
298 Followers on Owler

Absorb LMS designs, develops and commercializes learning management system for businesses and higher education institutes. Read more

Mike Owens's photo - Founder & CEO of Absorb Software

Founder & CEO

Mike Owens

CEO Approval Rating

100/100

Founded:

2002

Status:

PrivateIndependent Company

TOP COMPETITORS OR ALTERNATIVES

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LearnUpon is perceived as one of Absorb Software's biggest rivals. LearnUpon's headquarters is in Arran Quay, County Dublin, and was founded in 2012. LearnUpon operates in the Educational Software industry. LearnUpon generates 20% of Absorb Software's revenue.

TalentLMS has been one of Absorb Software's top competitors. TalentLMS is a Product/Brand/Service company that was founded in 2012 in San Francisco, California. TalentLMS operates in the Educational Software industry. Compared to Absorb Software, TalentLMS has 195 fewer employees.

Docebo is Absorb Software's #3 rival. Docebo was founded in Toronto, Ontario} in 2005. Docebo is in the Educational Software industry. Compared to Absorb Software, Docebo generates $55M more revenue.

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Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Koantic, Inc.

Aug 2020

Source »
undisclosed
Koantic is a cloud-based E-learning authoring platform that allows content creators to build online courses and presentations.
ePath Learning, Inc.

Dec 2019

Source »
undisclosed
ePath Learning develops a cloud-based platform that provides learning management solutions for enterprises.
eLogic Learning, LLC.

Aug 2019

Source »
undisclosed
eLogic Learning is a LMS platform that provides E-Learning templates, authoring tools and media assets for individuals.

These are all the companies that Absorb Software has acquired. Absorb Software has acquired 3 companies and its latest acquisition was Koantic, Inc. in Aug 2020. Koantic is a cloud-based E-learning authoring platform that allows content creators to build online courses and presentations.

Absorb Software Funding History

$59M

Since Absorb Software was founded in 2002, it has participated in 1 round of funding. In total Absorb Software has raised $59.0M. Absorb Software's funding round was on Sep 2017 for a total of $59.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Sep 2017
$59M

Silversmith Capital Partners

Since Absorb Software was founded in 2002, it has participated in 1 round of funding. In total Absorb Software has raised $59.0M. Absorb Software's funding round was on Sep 2017 for a total of $59.0M

Investments

No recent investments found related to Absorb Software

These are all the companies that Absorb Software has invested in. Absorb Software has invested 3 companies and its latest investment was Koantic, Inc. in Aug 2020. Koantic is a cloud-based E-learning authoring platform that allows content creators to build online courses and presentations.

Absorb Software News

August 9, 2019Knowledge Management World

Absorb Sofware acquires eLogic Learning

The acquisition etrengthens its US & global leadership role in the growing Learning Management System... See more »
May 28, 2019HR Technologist

Absorb Software Announces Acquisition of Torch LMS

Absorb Software, provider of the Absorb Learning Management System (LMS) and the newly introduced Abs... See more »
April 9, 20194-traders

Launches Absorb Infuse, a Breakthrough for Learning In the Flow of Work

(marketscreener.com) Absorb Software, maker of Absorb Learning Management System (LMS) is forging new... See more »
August 14, 2018FinanzNachrichten

Absorb Software Capitalizing on e-Learning Market Growth with International Investments & Office Expansions

Absorb Software, a leading provider of cloud-based learning and performance management software and a... See more »
January 15, 20184-traders

Absorb Announces a New Partnership with LinkedIn Learning, a Provider of Best-in-Class Learning Content

(4-traders.com) Absorb LMS by Absorb Software Inc., a leading provider of cloud-based learning and pe... See more »
December 5, 2017FinanzNachrichten

Absorb Software Inc. Announces Stephen Miller to Join as Sales Director, UK

Absorb Software Inc., a leading provider of cloud-based learning and performance management software ... See more »
September 6, 2017PE Hub Network

Absorb Software attracts $59 mln

Calgary-based Absorb Software, a provider of of cloud-based learning and performance management softw... See more »

Absorb Software Blogs

November 25, 2019Absorb Blog

The Future of Work Requires a New North Star: Learning

The only certain fact about the future is change. Today’s CEOs are turning their [..] Read More... See more »
November 22, 2019Absorb Blog

What Is SCORM Learning Design?

SCORM learning stands for the Shareable Content Object Reference Model, a technical eLearning standar... See more »
November 20, 2019Absorb Blog

How CSR Training Aligns Companies on Sustainability Goals & Standards

Corporate social responsibility (CSR) is not a new idea. But CSR training tops more [..] Read More Th... See more »
November 18, 2019Absorb Blog

Using Employee Training to Close the Information Gap

We’ve heard a lot in the past few years about the skills gap and [..] Read More The post Using ... See more »
November 15, 2019Absorb Blog

How to Assemble an LMS Implementation Dream Team

Launching a new learning management system takes careful planning, including the assembling of a [..]... See more »
November 14, 2019Absorb Blog

How a Training Management System Fosters Consistent Learning Outcomes

Learning is the top leadership challenge, according to Deloitte’s “2019 Global Human Capi... See more »
November 12, 2019Absorb Blog

How an Intuitive Learner Experience Saves Your Employees Time

You’ve been there yourself countless times. You’re in the middle of a project and [..] Re... See more »

Absorb Software Press Releases

September 1, 2020PR Newswire

Absorb Software Appoints Jill Adams as Chief Marketing Officer

Leader in corporate Learning Management Software continues to strengthen executive team to further dr... See more »
August 4, 2020PRWeb

ClearCompany Announces New Strategic Partnership With Absorb Software

ClearCompany and Absorb Software strategic partnership to provide personalized learning experiences t... See more »
August 4, 2020PRWeb

ClearCompany Announces New Strategic Partnership With Absorb Software

ClearCompany, the premier talent management platform for planning and analytics, talent acquisition, ... See more »
February 13, 2020PR Newswire

Absorb Software Relocates Corporate Headquarters to Accommodate Rapid Growth

Industry-Leading Learning Management System (LMS) Provider Signs Multi-Year Lease for Expanded Space ... See more »
November 25, 2019PR Newswire

Absorb Software Wins PCMag Editors' Choice Award

Editors Give Absorb LMS Top Ratings, Saying the Cloud-based Platform is "the Most Attractive and Func... See more »
March 20, 2019Business Wire

Absorb Software Displays Its Commitment to Customer Data Security with Successful SOC 2 Examination

CALGARY, Alberta--(BUSINESS WIRE)--lt;a href="https://twitter.com/hashtag/SOC2?src=hash" target="_bla... See more »
January 30, 2018Business Wire

ABSORB SOFTWARE Wins Several Brandon Hall Excellence in Technology Awards

CALGARY, Alberta--(BUSINESS WIRE)--ABSORB SOFTWARE Wins Several Brandon Hall Excellence in Technology... See more »

Absorb Software Videos

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Headquarters

1011 9 Avenue SE Suite 275

Calgary, AlbertaT2G 0H7

1-403-717-1971

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Summary

ABOUT

Overview

Absorb LMS designs, develops and commercializes learning management system for businesses and higher education institutes. Absorb Software was founded in 2002. Absorb Software's headquarters is located in Calgary, Alberta, CA T2G 0H7. It has raised 59...

CEO

Absorb Software's Founder & CEO, Mike Owens, currently has an approval rating of 100%. Absorb Software's primary competitors are LearnUpon, TalentLMS & Docebo.

Website

absorblms.com

Frequently Asked Questions about Absorb Software

  1. When was Absorb Software founded?

    Absorb Software was founded in 2002
  2. Who is Absorb Software's CEO?

    Absorb Software's CEO is Mike Owens
  3. How much revenue does Absorb Software generate?

    Absorb Software generates $50M in revenue
  4. How much funding does Absorb Software have?

    Absorb Software has historically raised $59M in funding
  1. Where is Absorb Software's headquarters?

    Absorb Software's headquarters is in Calgary Alberta, CA
  2. How many employees does Absorb Software have?

    Absorb Software has 255 employees
  3. What sector does Absorb Software operate in?

    Absorb Software is in Educational Software, Educational Technology (Ed Tech)
  4. Who are Absorb Software's competitors?

    Absorb Software's top competitors are LearnUpon, TalentLMS, Docebo