Absorb Software
AcquiredThe Industry's #1 Learning Management System | Absorb LMS Software
Absorb Software was founded in 2002, is headquartered in Calgary, Canada, and has $59.0M in recorded funding across 1 round.
- Headquarters
- Calgary
- Founded
- 2002
- Business Model
- B2B
- Website
- absorbai.com
- Total Funding
- $59.0M
- Last Round
- $59.0M Growth EquitySep 2017
- Rounds
- 1
- Acquisition Date
- May 2021
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round and 3 investors for this company. The full record is or through the API.
About
Absorb Software is a global learning technology company headquartered in Calgary, Alberta, Canada, founded in 2002. Its AI-powered LMS platform serves over 2,900 customers across 190 industry verticals in 34 countries, with 34 million users on the platform. Absorb LMS supports employee onboarding, compliance training, customer education, partner enablement, and sales training — making it suitable for both internal workforce development and external customer-facing learning programs. The company was acquired by Welsh, Carson, Anderson & Stowe (WCAS) in 2021 and has offices in London, Dublin, Sydney, Boston, and Tampa.
Summary
Absorb Software is a SaaS company based in Calgary, Canada, founded in 2002. It has raised $59.0M in total across 1 round, most recently a $59.0M Growth Equity round in Sep 2017. Investors include Welsh, Carson, Anderson & Stowe, Silversmith Capital Partners and Golub Growth.
Tech & App Stack
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Funding & Exit History
May 2021
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Funding: Growth Equity. Amounts, valuations, and investors where available.
Investors
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