Sponge

Bristol, United Kingdom Founded: 2004 • Age: 22 yrs Acquired By Aliter Capital
Digital learning courses and management systems are offered to corporates.
Annual revenue $16.3M Latest available
Total funding - 2 rounds
Employees 149 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Sponge

Sponge is a company based in Bristol (United Kingdom) founded in 2004 was acquired by Aliter Capital in November 2019. It operates as a Professional Services and Subscription Services. The company has 149 employees as of April 30, 2021. Sponge has completed 1 acquisition, including Idox Group. Sponge offers products and services including Bespoke Digital Learning, Learning Strategy Consulting, Sales Enablement Training, and Compliance Training. Sponge operates in a competitive market with competitors including D2L, Degreed, Docebo, CoachHub and Skillsoft, among others.

  • Headquarter Bristol, United Kingdom
  • Employees 149 as on 30 Apr, 2021
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Sponge Group Holdings Limited
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $16.26 M (USD)
    12
    as on Apr 30, 2022
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $365.18 K (USD), Grant

    Nov 01, 2019

  • Investors
  • Employee Count
    149

    as on Apr 30, 2021

  • Investments & Acquisitions
  • Acquired by
    Aliter Capital

    (Nov 12, 2019)

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Products & Services of Sponge

Sponge offers a comprehensive portfolio of products and services, including Bespoke Digital Learning, Learning Strategy Consulting, Sales Enablement Training, and Compliance Training.

Product name locked
Category locked
Primary

Custom digital learning solutions are designed for workplaces.

Product name locked
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Global learning strategies are crafted for business transformation.

Product name locked
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Sales training programs are developed to boost performance.

Product name locked
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Compliance content is created to ensure regulatory adherence.

People of Sponge

Headcount 200-500
Employee Profiles 43
Employee Profiles
People
Rachel Corbett
Senior Visual Designer
People
Chris Wharton
Senior Visual Designer
People
Adam Read
D365 Platform & Analytics Lead
People
Beth McLoughlin
Senior Visual Designer

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Funding Insights of Sponge

Investors in Sponge

Sponge has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Aliter Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Sponge

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Sponge

Sponge has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Idox Group.

Investments
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Investment portfolio details for Sponge

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Software solutions are developed for government and industry sectors.
Locked Locked 2009 Locked
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Complete acquisition details for Sponge

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Sponge

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Detailed financials for Sponge

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Sponge Comparisons

Sponge Primary company
Description
Digital learning courses and management systems are offered ...
Location
Bristol, United Kingdom
Founded Year
2004
Annual Revenue
$16.26 M (USD)
Net Profit
Not available
EBITDA
Not available
Employees
149
As of 2021
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Peer comparison for Sponge

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Sponge

Sponge 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 D2L, Degreed, Docebo, CoachHub and Skillsoft, among others.

Company Name Domain Founded year HQ Location Description
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Learning management systems are provided for multiple sectors.
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Cloud-based LMS platform tracks skills across industries.
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Cloud-based learning management system for corporate employee training is provided.
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Provider of online coaching and professional development solutions
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E-learning platforms are provided for professional skills and compliance training.
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Enterprise learning management systems are provided for training programs.
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Detailed competitors of Sponge

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Latest news on Sponge

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Complete news archive for Sponge

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  • Source and publication date
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Frequently Asked Questions about Sponge

Sponge was founded in 2004 and raised its 1st funding round 15 years after it was founded.

Sponge is headquartered in Bristol, United Kingdom. It is registered at Bristol, England, United Kingdom.

As of Apr 30, 2021, the latest employee count at Sponge is 149.

Annual revenue of Sponge is $16.26M as on Apr 30, 2022.

Sponge is engaged in delivering digital learning solutions tailored for large organizations. Services are provided across sectors like pharma, technology, retail, financial services, and automotive. Customized programs, corporate academies, and digital campaigns are developed to support business transformation, onboarding, compliance, sales enablement, and sustainability. Strategic consulting and experience design are combined with innovative production to ensure memorable learning outcomes. Focus is placed on addressing modern workforce challenges through learner-centric approaches.

Sponge's top competitors include CoachHub, D2L and Docebo.

Sponge offers Bespoke Digital Learning, Learning Strategy Consulting, Sales Enablement Training, and Compliance Training.

Sponge has made 1 acquisition, including Idox Group.

Sponge has 2 investors. Key investors include European Union, and Aliter Capital.

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