About Torch LMS
Torch LMS is a company based in Salt Lake City (United States) founded in 2010 by Jake White was acquired by Absorb LMS in May 2019.. Torch LMS offers products and services including Absorb LMS, Course Authoring, and Integrations. Torch LMS operates in a competitive market with competitors including D2L, Degreed, Docebo, CoachHub and WorkRamp, among others.
- Headquarter Salt Lake City, United States
- Founders Jake White
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Absorb Software Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Absorb LMS
(May 01, 2019)
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Products & Services of Torch LMS
Torch LMS offers a comprehensive portfolio of products and services, including Absorb LMS, Course Authoring, and Integrations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered tool for corporate training and skill development
Platform for building and publishing training courses quickly
Seamless links to HCM and CRM for efficient data flow
Funding Insights of Torch LMS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Torch LMS
Torch LMS has secured backing from 1 investor. Prominent investors backing the company include Absorb LMS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Web-based learning management solutions are offered to corporates.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Torch LMS
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Torch LMS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Torch Lms Comparisons
Competitors of Torch LMS
Torch 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 D2L, Degreed, Docebo, CoachHub and WorkRamp, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Cloud-based LMS platform tracks skills across industries.
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| domain | founded_year | HQ Location |
Cloud-based learning management system for corporate employee training is provided.
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| domain | founded_year | HQ Location |
Provider of online coaching and professional development solutions
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| domain | founded_year | HQ Location |
Enterprise learning management systems are provided for training programs.
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| domain | founded_year | HQ Location |
Online LMS platform is delivered for multi-industry compliance training.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Torch LMS
When was Torch LMS founded?
Torch LMS was founded in 2010.
Where is Torch LMS located?
Torch LMS is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
Who is the current CEO of Torch LMS?
Jake White is the current CEO of Torch LMS. They have also founded this company.
What does Torch LMS do?
Torch LMS was founded in 2010 in Salt Lake City, United States. A platform is provided in the edtech sector for businesses to manage employee learning. Training modules are developed and deployed using videos, documents, audio files, and SCORM courses. Employers utilize the system to organize and track learning content across their organizations. Operations focus on scalable delivery of educational resources.
Who are the top competitors of Torch LMS?
What products or services does Torch LMS offer?
Torch LMS offers Absorb LMS, Course Authoring, and Integrations.
Who are Torch LMS's investors?
Torch LMS has 1 investor. Key investors include Absorb LMS.
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