When was Absorb LMS founded?

Absorb LMS was founded in 2003 and raised its 1st funding round 14 years after it was founded.

Where is Absorb LMS located?

Absorb LMS is headquartered in Calgary, Canada. It is registered at Tampa, Florida.

How many employees does Absorb LMS have?

As of Apr 30, 2026, the latest employee count at Absorb LMS is 677.

Is Absorb LMS a funded company?

Absorb LMS is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Sep 06, 2017.

How much is Absorb LMS worth?

The last known valuation of Absorb LMS was $***** as of Apr 20, 2021.

When was the latest funding round of Absorb LMS?

Absorb LMS's latest funding was a $***** Series B round on Sep 06, 2017, with participation from 1 investor.

Where does Absorb LMS rank among its competitors?

Absorb LMS ranks 65th amongst 4803 active competitors, of which 330 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was People Strong, which secured $4.32M in Jun, 2025.

Who are the top competitors of Absorb LMS?

Absorb LMS's top competitors include Workday, Cornerstone and People Strong. Among them, People Strong secured the most recent funding round in June, 2025.

Absorb LMS - 2026 Company Profile, Funding & Competitors

Absorb LMS is an acquired company based in Calgary (Canada), founded in 2003. It operates as a Web-based learning management solution for corporates. Absorb LMS has raised $59M in funding from Silversmith, with last known valuation of $*****. The company has 4803 active competitors, including 330 funded and 308 that have exited. Its top competitors include companies like Workday, Cornerstone and People Strong.

Company Details

Absorb LMS is a web-based learning management solution for corporates. Offerings include course development, content management, and others. Core content administration capabilities offered by the software include authentication, administrative reporting, course authoring, defined user roles, registration management, and support. Clients include Adobe, Rolls Royce, Oakley, New York University, EFI, and NASM.

Website: www.absorblms.com/
Social
Registered Address: Tampa, Florida

Key Metrics

Founded Year

2003

Location

Calgary, Canada

Stage

Acquired

Total Funding

$59M in 1 round

Latest Funding Round

Series B, Sep 06, 2017, $*****

Last Known Valuation

$***** as on Apr 20, 2021

Investors

Silversmith & 1 more

Ranked

65^th among 4803 active competitors

Employee Count

677 as on Apr 30, 2026

Investment & Acquisitions

Together & 4 more

Similar Companies

Cornerstone & 2506 more

Exit Details

Acquired by Welsh, Carson, Anderson & Stowe (Apr 20, 2021)

View Absorb LMS's full profile

Absorb LMS is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ABSORB SOFTWARE US. INC. CIN: 824210465 , United States, Active	Dec 31, 1999	-	131 (As on Dec 31, 2024)	-
ABSORB SOFTWARE INC. CIN: 32067002090 , United States, Active		-	-	-

Absorb LMS got acquired by Welsh, Carson, Anderson & Stowe on Apr 20, 2021.

Click here to take a look at Absorb LMS's acquisition in detail

Absorb LMS has raised a total funding of $59M over 1 round. Its latest funding round was a Series B round on Sep 06, 2017 for $*****. 1 investor participated in its latest round. Absorb LMS has 2 institutional investors.

Here is the list of recent funding rounds of Absorb LMS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 06, 2017	3674547	Series B	4540002	9900262	6038146	5228101

Access funding benchmarks and valuations. Sign up today!

View details of Absorb LMS's funding rounds and investors

Absorb LMS's employee count trend

Absorb LMS has 677 employees as of Apr 26. Here is Absorb LMS's employee count trend over the years:

Uncover Absorb LMS's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Absorb LMS include Workday, Cornerstone and People Strong. Here is the list of Top 10 competitors of Absorb LMS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Workday 2005, Pleasanton (United States), Public	Developer of cloud software for human resources finance and operations	$352M	Greylock Partners, Bezos Expeditions & 10 others	88/100
2nd	Cornerstone 1999, Santa Monica (United States), Acquired	Provider of a platform for talent experience and workforce agility	$64.4M	Meritech, Bessemer Venture Partners & 16 others	86/100
3rd	People Strong 2005, Gurugram (India), Acquired	Provider of human capital management platform offering integrated HR solutions	$30.7M	West Street AEP I Offshore Aggregator, HDFC Bank ... & 41 others	84/100
4th	Go1 1998, Brisbane (Australia), Series D	Cloud-based LMS platform for multi-industry	$430M	SEEK, AirTree & 33 others	80/100
5th	Factorial 2016, Barcelona (Spain), Series C	Provider of business management software for human resources and finance	$300M	Tiger Global Management, Atomico & 9 others	80/100
6th	Kronos 1977, Lowell (United States), Acquired	Provider of HCM software solutions for enterprises	$855M	Blackstone, GIC & 3 others	80/100
7th	Bob 2015, Tel Aviv (Israel), Series D	Provider of a platform for human resources, payroll, and finance	$574M	General Atlantic, Bessemer Venture Partners ... & 18 others	79/100
8th	GreytHR 1994, Bengaluru (India), Acquired	Provider of cloud based human resource management system and payroll software.	$47.4M	New Enterprise Associates, Info Edge & 14 others	79/100
9th	Dayforce 2008, Toronto (Canada), Acquired	Developer of human capital management software providing HR and talent solutions	$30M	Bridgescale, Ceridian & 1 others	78/100
10th	Remote 2019, Amsterdam (Netherlands), Series C	Provider of human resources payroll and international employment management tools	$506M	Index Ventures, SoftBank Vision Fund & 27 others	76/100
65th	Absorb LMS 2003, Calgary (Canada), Acquired	Web-based learning management solution for corporates	$59M	Golub Growth, Silversmith	58/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Absorb LMS's competitors? Click here to see the top ones

Absorb LMS has not made any investments yet. Absorb LMS has made 5 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 10, 2024	Acquisition	Together	2019	Toronto (Canada)
Aug 18, 2020	Acquisition	Koantic	2015	Canada (United States)
Dec 20, 2019	Acquisition	ePathLearning	1999	New London (United States)