Software:Absorb Software

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Short description: Artificial Intelligence focused company

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Absorb Software is an AI-powered learning management system (LMS) provider and learning experience platform (LXP) provider.[1] It is designed for organizations that provide learning and development (L&D), customer training, and corporate training programs.[2]  

History

Absorb Software was founded in 2003 by Mike Owens and Mike Eggermont.[3] The company is headquartered in Calgary, Canada[4] with subsidiaries in Florida (USA), Dublin (Ireland), London (United Kingdom), and Sydney (Australia), and a remote workforce worldwide. In 2017, the company secured $59 million in funding led by Silversmith Capital Partners. In April 2021, Welsh, Carson, Anderson & Stowe acquired Absorb Software[5]. The CEO[6] is Kimberly Williams[7], she also serves as Chairperson.  

References