Absorb Software
AcquiredThe Industry's #1 Learning Management System | Absorb LMS Software
Calgary, Canada · Founded 2002 · $59.0M raised
- 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
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 History
May 2021
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Growth Equity through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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