About Absorb LMS
Absorb LMS is a company based in Calgary (Canada) founded in 2003 by Mike Owens was acquired by Welsh, Carson, Anderson & Stowe in April 2021. Absorb LMS has raised $59 million across 1 funding round from investors including Welsh, Carson, Anderson & Stowe and Silversmith. Absorb LMS has completed 5 acquisitions, including Koantic, Together and Torch LMS. Absorb LMS offers products and services including Absorb LMS and Course Authoring Tools. Absorb LMS operates in a competitive market with competitors including Instructure, D2L, Degreed, Docebo and CoachHub, among others.
- Headquarter Calgary, Canada
- Founders Mike Owens
- SectorsTechnology
- Website category Computers Electronics and Technology · Programming and Developer Software
- Website absorblms.com
- Social LinkedIn X Facebook Instagram
- Acquired by Welsh, Carson, Anderson & Stowe (Apr 2021)
- Legal Name Absorb Software Inc.
- Total Equity Funding$59M (USD)
in 1 rounds
- Latest Funding Round$59M (USD), Series B
Sep 2017
- InvestorsWelsh, Carson, Anderson & Stowe
& 1 more
- Investments & AcquisitionsKoantic
& 4 more
- Acquired byWelsh, Carson, Anderson & Stowe
(Apr 2021)
Products & Services of Absorb LMS
Absorb LMS offers a comprehensive portfolio of products and services, including Absorb LMS and Course Authoring Tools.
AI-powered platform for creating and delivering training courses.
Tools for building and publishing online training materials.
Apps and channels of Absorb LMS
Absorb LMS publishes 1 mobile app with over 10K+ downloads.
Funding Insights of Absorb LMS
Absorb LMS has successfully raised a total of $59M through 1 strategic funding round. The most recent funding activity was a Series B round of $59 million completed in September 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $59M
- Total Rounds 1
- Last Round Series B — $59M
- First Round $59M
(Sep 2017)
- Investors Count 1
All 1 funding rounds of Absorb LMS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2017 | $59M | Series B | – | Silversmith | – |
2 investors in total: 2 institutional.
Investors in Absorb LMS
Absorb LMS has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe and Silversmith.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology and healthcare sectors | – | silversmith.com | Boston, United States | |
Healthcare and technology sectors are targeted for private equity investments. | 1979 | wcas.com | New York, United States |
Investor details for Absorb LMS
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Absorb LMS
316 people are tracked at Absorb LMS (38 in leadership, 3 in board & advisors, 275 in team).
| Name | Role | Group |
|---|---|---|
Mike Owens | Founder | Leadership |
Kimberly Williams | CEO | Leadership |
James Levine | Vp, Strategic Account Management | Leadership |
Cheryl Yuran | Chief Human Resources Officer | Leadership |
Saravana Sivanandham | Chief Product Officer , Chief Marketing Officer | Leadership |
Obaidur Rashid | Chief Technology Officer | Leadership |
Ob Rashid | Chief Technology Officer | Leadership |
Aaron Forrester | Chief Operating Officer/chief Financial Officer | Leadership |
Todd McMurtrey | Sr Director Of Marketing Technology And Analytics | Leadership |
Scott Kepner | Vice President Of Small & Mid-market Sales | Leadership |
Jenny Zhang | Director, Marketing Operations And Analytics | Leadership |
Troy Powell | Director Of Human Resources And Talent Management | Leadership |
Darren O'Connor Assoc Cipd | Director, Client Advocacy | Leadership |
Rohit Shivram | Vice President Of Software Engineering | Leadership |
Mark Lynch | Senior Director Of Demand Generation | Leadership |
Rachel Ward | Director, Customer Lifecycle Marketing And Events | Leadership |
Elizabeth Repetto | Vice President Of Product Management | Leadership |
Nicholas Truong | Director Of Information Technology | Leadership |
Devan Graham | Senior Human Resources Business Partner | Leadership |
Geoff Price | Senior Vice President Of Sales | Leadership |
296 more people are available in the full profile.
Complete people profiles for Absorb LMS
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Absorb LMS
Absorb LMS has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Koantic, Together and Torch LMS.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Corporate mentorship programs are managed through a dedicated platform. | togetherplatform.com | Toronto, Canada | 2019 | Dec 2024 | •••• | |
Cloud-based authoring tool for interactive eLearning courses is offered. | koantic.com | Canada, United States | 2015 | Aug 2020 | •••• | |
Cloud-based learning management solutions are offered for enterprises. | epathlearning.com | New London, United States | 1999 | Dec 2019 | •••• | |
SaaS-based LMS for employee training and certification is offered. | elogiclearning.com | Tampa, United States | 2001 | Aug 2019 | •••• | |
Learning management system | torchlms.com | Salt Lake, United States | 2010 | May 2019 | •••• |
Complete acquisition details for Absorb LMS
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Absorb LMS
8 dated milestones of Absorb LMS across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Absorb LMS is founded.
- Funding First funding round of $59.0M.
- Acquisition Acquires Torch LMS.
- Acquisition Acquires eLogic Learning.
- Acquisition Acquires ePathLearning.
- Acquisition Acquires Koantic.
- Exit Acquired by Welsh, Carson, Anderson & Stowe.
- Acquisition Acquires Together.
Competitors of Absorb LMS
Absorb LMS operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Instructure, D2L, Degreed, Docebo and CoachHub, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| instructure.com | 1999 | Salt Lake, United States | $88.85M | 1,397 | Cloud-based learning management systems are provided for educational courses. | |
| d2l.com | 1999 | Kitchener, Canada | $243.82M | 1,180 | Learning management systems are provided for multiple sectors. | |
| degreed.com | 2012 | Pleasanton, United States | $367.07M | 392 | Cloud-based LMS platform tracks skills across industries. | |
| docebo.com | 2005 | Athens, United States | $6.32M | 900 | Cloud-based learning management system for corporate employee training is provided. | |
| coachhub.com | 2018 | Berlin, Germany | $333.73M | 190 | Provider of online coaching and professional development solutions | |
| ltgplc.com | 2013 | Brighton, United Kingdom | – | 5,394 | E-learning services and technologies are developed for corporates and governments. | |
| workramp.com | 2015 | San Francisco, United States | $67.65M | 91 | Enterprise learning management systems are provided for training programs. | |
| webinar.ru | 2008 | Moscow, Russia | $7.3M | – | Virtual events and webinar solutions | |
| learningpool.com | 2006 | Londonderry, United Kingdom | – | 263 | Online LMS platform is delivered for multi-industry compliance training. |
Detailed competitors of Absorb LMS
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of Absorb LMS
The website of Absorb LMS (absorblms.com) receives about 180.6K visits a month and ranks #210,119 among all websites worldwide, #4,848 in Programming and Developer Software.
- Monthly visits180.6K
▼ 10% vs previous month
- Unique visitors86.1K
per month
- Global rank#210,119
among all websites
- Category rank#4,848
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate47%
- Pages per visit2.5
- Average visit1 min 15 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Absorb LMS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
totaralms.com | totaralms.com | 100% | – | – | – |
| talentlms.com | 84% | 680.7K | #16,058 | View details | |
| litmos.com | 80% | 1.8M | #20,245 | View details | |
myabsorb.eu | myabsorb.eu | 79% | – | #575,929 | – |
| instancy.com | 78% | – | #3,475,806 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Absorb LMS
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Absorb Lms
Complete news archive for Absorb LMS
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Absorb LMS
10 companies that operate in the same segment as Absorb LMS (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Absorb LMS
Absorb LMS was founded in 2003 and raised its 1st funding round 14 years after it was founded.
Absorb LMS is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Kimberly Williams is the current CEO of Absorb LMS.
Absorb LMS is a funded company, having raised a total of $59M across 1 funding round to date. The company's 1st funding round was a Series B of $59M, raised on Sep 2017.
Absorb LMS was founded in 2003 in Calgary, Canada, as a provider of web-based learning management systems targeted at corporate clients. Core operations encompass course authoring, content administration, user authentication, administrative reporting, role definitions, registration handling, and support services. The platform serves organizations in the education and training sector, with notable users including Adobe, Rolls-Royce, Oakley, New York University, EFI, and NASM.
Absorb LMS's top competitors include Instructure, CoachHub and D2L.
Absorb LMS offers Absorb LMS and Course Authoring Tools.
Absorb LMS has 2 investors. Key investors include Welsh, Carson, Anderson & Stowe, and Silversmith.
Absorb LMS operates through Absorb Software Inc..
Yes. Absorb LMS was acquired by Welsh, Carson, Anderson & Stowe in April 2021.
Yes. Absorb LMS publishes Absorb Learning, with over 10,000 downloads.