Absorb Software has marked 2024 as a milestone year, achieving record-breaking revenue growth and launching transformative innovations in learning technology.
The Calgary-based company reinforced its status as the fastest-growing enterprise learning provider, expanding its international footprint and advancing its AI-powered capabilities.
“We’ve had an outstanding year, marked by remarkable business growth and cutting-edge product innovations in learning technology,” said Kimberly Williams, Chief Executive Officer of Absorb Software.
“As we look to 2025, we are energized to build on this momentum by delivering transformative solutions that align L&D strategies with business objectives, empowering organizations to unlock their workforce’s full potential.”
The company reported a 28% increase in year-over-year revenue, setting a new growth record. With a workforce of over 600 employees, Absorb continues to strengthen its presence in global markets, particularly in the EMEA region.
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Further expanding its offerings, the company completed the acquisition of Together in late 2024, making Absorb the first learning technology provider to integrate mentoring and coaching directly into its platform.
Innovation remained at the core of Absorb’s success, with significant advancements in AI-powered learning. The company introduced generative AI tools for course creation, voiceovers, and upskilling, alongside AI-driven skills intelligence, assessments, and an AI-powered admin assistant.
These developments were driven by Absorb’s dedicated AI lab, which focuses on shaping the future of enterprise learning. The platform also saw a major revamp, including a redesigned eCommerce solution, over 500 new integrations, and more than 100 updates to enhance performance, connectivity, and usability, all while maintaining 99.9% reliability.
To further accelerate growth and innovation, Absorb welcomed Leslie Kelley as Chief Growth Officer in 2024. Her expertise is expected to play a pivotal role in driving strategic value for customers through learning and workforce development.
The company’s achievements also earned it widespread industry recognition, including being named a Core Leader in the Fosway Group 9-Grid™, winning 12 Brandon Hall Awards, and topping 42 G2 Fall Reports.
“L&D leaders today face increasing pressure to keep pace with rapid change, evolving skill demands, and the need to demonstrate measurable impact,” said Kelley. “Through our vision for Strategic Learning Systems, we’re redefining workforce development by leveraging AI, personalized learning, and mentorship to build resilient, high-performing talent for the future.”
With more than 3,300 organizations and 34 million users worldwide, Absorb Software continues to lead the learning technology industry, positioning itself for another year of transformative growth in 2025.
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