Draft:Absorb Software

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

History
Absorb Software was founded in 2003 by Mike Owens and Mike Eggermont. The company is headquartered in Calgary, Canada 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. The CEO is Kimberly Williams, she also serves as Chairperson.