Annual Revenue: $1,287,814
Location: Gold Coast, Australia
The company offers a Learning Experience Platform backed by intelligent AI systems, providing a hyper-personalized learning curriculum to improve employee competencies and skills in the workplace.
The company is based in Australia / New Zealand and offers a broader suite of services in the learning management space, including HR and knowledge ecosystems solutions. Since the company’s inception in 2018, it has provided best-in-class personalization of content and boasts an 80% ROI for its clients.
The company has a roster of several blue-chip clients and other large international organizations. These organizations have sought annual contracts that offer a fixed number of learner licenses. When broken down to an individual user level, the cost for each user is $2/month. And given the value that clients have found in the product, they have re-signed contracts and increased user license amounts over time.
Reason For Sale:
Ownership is seeking a 50% growth equity partner who is sales-driven.
Training & Support:
The leadership team, who spearheads product development and product support, will stay on-board and will help its new partner to transition into the business.
The company’s learning platform is operationalized by an intelligent AI that customizes learning curriculum for each individual learner and their individual competencies / weaknesses.