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Absorb LMS

Absorb LMS

Private
Calgary, AlbertaEnterprise Softwarehttps://www.absorblms.com

Last Round

Private Equity

Apr 20, 2021

Est. Valuation

$500M

Total Funding Raised

$559M

Company Overview

Absorb Software is a learning technology company that provides a cloud-based, AI-powered Learning Management System (LMS) known as Absorb LMS. The platform is designed for a wide range of clients, including businesses, government agencies, healthcare providers, and non-profit organizations, to manage and deliver training for internal employees and external stakeholders like customers and partners. Founded in 2003 as Blatant Media Corporation, the company rebranded to Absorb Software to align with its core product. In 2021, Absorb was acquired by private equity firm Welsh, Carson, Anderson & Stowe (WCAS) in a deal valuing the company at over $500 million USD. The company continues to expand its offerings through strategic acquisitions, such as the purchase of mentorship platform Together Software in late 2023/early 2024.

Sector

Enterprise Software

Verticals

HR, Compliance, Sales Enablement, Business Intelligence, E-commerce

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting, Payment Processing Fee

AI Layer

Application

Keywords

learning management systemLMScorporate training platformemployee trainingcustomer educationlearning experience platformLXPHR techAI-powered learningcourse authoringpartner trainingcompliance trainingemployee onboardingupskilling platformlearning analyticsembedded LMSe-commerce for coursesSCORM compliantxAPI compliantmobile learning

Historical Pricing

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Caplight Momentum Score

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Absorb LMS Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Absorb LMS Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Private EquityApr 20, 2021
Growth EquitySep 6, 2017

Key People

Founding team and executive leadership

Kimberly Williams

Chief Executive Officer

Executive Team

Obaidur Rashid

Chief Technology Officer

Executive Team

Aaron Forrester

Chief Operating Officer

Executive Team

Absorb LMS Investors

Notable investors and investment history

InvestorRounds
Silversmith Capital PartnersGrowth Equity
Welsh, Carson, Anderson & StowePrivate Equity

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 30, 2026

    Job posting reveals Together Mentorship Software is now part of Absorb Software.

  • Jan 10, 2026

    Added When I Work, Inc. as a customer.

Absorb LMS Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Absorb LMS Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersCalgary, Alberta
Employee Range667
Year Founded2003
Last FundingApr 20, 2021

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