Absorb LMS
Company Insights
Absorb LMS (Learning Management System) is a cloud-based e-learning platform that offers corporate training solutions to businesses of all sizes. The company was founded in 2003 by Mike Owens, and Alvaro Pombo, with the goal of simplifying the process of online training.
Absorb LMS offers a comprehensive suite of tools for employee training, including online course creation, tracking, reporting, and certification management. The platform is highly customizable, allowing businesses to tailor their training programs to meet their specific needs. Absorb LMS has a user-friendly interface and offers mobile compatibility, making it accessible to employees on-the-go.
Absorb LMS Funding Rounds History
The company has raised over $54 million in funding to date. In 2011, it secured $1.1 million in Series A funding from local investors. In 2013, Absorb LMS received $10 million in Series B funding from Silversmith Capital Partners. Two years later, the company raised $34 million in a Series C funding round led by JMI Equity. This funding has allowed the company to continue to expand and improve its platform.
Absorb LMS Acquisition
Absorb LMS has also made several strategic acquisitions to enhance its offerings. In 2015, the company acquired Torch LMS, a platform that specializes in servicing extended enterprise and ecommerce training. In 2019, Absorb LMS acquired eLogic Learning, an LMS provider with a strong presence in the healthcare and hospitality industries. These acquisitions have enabled Absorb LMS to broaden its range of services and reach a wider audience.
In addition to its core LMS platform, Absorb LMS offers several add-on modules to provide more specialized training solutions. These modules include Absorb Infuse for social learning, Absorb Create for course creation, and Absorb Engage for gamification and interactive learning.
Absorb LMS Awards and Recognition
Absorb LMS has received numerous awards and recognitions for its platform and services. In 2020, the company was named a Leader in G2’s Grid Report for Corporate LMS, based on customer satisfaction and market presence. Absorb LMS has also been recognized for its excellent customer support, receiving a Gold Stevie Award in 2020 for Customer Service Department of the Year.
In conclusion, Absorb LMS has established itself as a leading provider of e-learning solutions for businesses of all sizes. Its customizable platform, comprehensive suite of tools, and mobile compatibility make it an attractive choice for companies looking to improve their employee training programs. The company’s strategic acquisitions and add-on modules have allowed it to expand its offerings and reach a wider audience. With a strong track record of customer satisfaction and numerous awards and recognitions, Absorb LMS is well-positioned to continue to grow and innovate in the e-learning space.
Absorb LMS Leadership & Teams
Kimberly Williams – Chairperson and Chief Executive Officer
Saravana Sivanandham – Chief Marketing Officer
Peggy Pulliam – Executive Vice President – Client Services
Craig Basford – Executive Vice President, Product
Mark Behl – Executive Vice President – Inside Sales
Eric Foss – Vice President, Software Development
Aaron Forrester – Chief Operating Officer
OB Rashid – Chief Technology Officer
Teresa Hirata – Human Resources Specialist
Mark Lynch – Director Of Digital Media
Headquarters: 1011 9 Ave SE Ste 275, Calgary, Alberta, T2G 0H7, Canada
Phone: 403-717-1971
Number of employees: 201-500
Website: www.absorblms.com