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Absorb Software
Absorb Software

Absorb Software

Absorb Software develops Absorb LMS, a cloud-based learning management system for corporate training, with AI-assisted course creation and e-commerce sales.

Operating headquarters
Calgary, Alberta, CA🇨🇦
Founded
2003
Overview
M & A
Compare
Fundraising
Employees
News
Library

Absorb Software offers Absorb LMS, a software-as-a-service learning management system used for employee onboarding, compliance training, customer education, partner enablement, and selling courses online. The platform combines pre-built course libraries, integrations with HR and CRM systems, and e-commerce tools with AI features for course creation and learner support under the Absorb Aura brand. The company has acquired complementary learning-technology products, including eLogic Learning, Koantic, and Together Software.

Silversmith Capital Partners led the company's first outside investment before Welsh, Carson, Anderson & Stowe acquired a controlling interest from Silversmith, with management retaining a substantial shareholding. Absorb Software serves enterprise learning teams that train employees, customers, and partners from a single AI-driven platform.

Absorb Software - M & A Snapshot

Open M & A

  • Together Software

    Acquired by Absorb Software • Undisclosed • Dec 10, 2024

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Absorb Software - Quick Facts

Who are Absorb Software's competitors?

Companies similar to Absorb Software include Flexera, Wand AI, Acquia and Recurly.

When was Absorb Software founded?

Absorb Software was founded in 2003.

Where is Absorb Software's headquarters located?

Absorb Software's headquarters is located in Calgary, Alberta, CA.

When was Absorb Software's last funding round?

Absorb Software's most recent funding round was for $500M (USD) in April 2021.

How much has Absorb Software raised to-date?

As of Apr 20, 2021, Absorb Software has raised a total of $559M (USD).

Absorb Software - Classification

Industry
  • E-learning
Ownership
  • Private Equity Backed
Model
  • SaaS
Revenue
  • Subscription
Customer
  • Business to Business
Tags
  • Artificial Intelligence
  • Corporate Training
  • E-learning
  • Learning Management System