Learning Seat Pty Ltd
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Learning Seat Pty Ltd - overview
Established
2000
Location
-, -, Australia
Primary Industry
Internet
About
Learning Seat Pty Ltd is a provider of online compliance training solutions tailored for organizations in Australia and New Zealand, focusing on essential training in various compliance areas to uphold corporate reputations. Learning Seat Pty Ltd specializes in developing e-learning solutions for compliance training. The company was founded in 2000 and is headquartered in Melbourne, Australia. In December 2017, Learning Seat was acquired by Callidus Software Inc.
for USD 26. 4 mn. The company has participated in 2 deals since its inception, with the most recent deal occurring on 5th December 2017. Philip Tutty and Scott Deane currently serve as the CEO.
Learning Seat offers the Compliance Edition, which encompasses a comprehensive suite of online compliance training courses specifically designed for the Australian and New Zealand markets. This suite includes training on Ethics & Conduct, Risk & Governance, Health & Safety, and more. To ensure content relevancy and legal compliance, Learning Seat collaborates with Lander & Rogers, a prominent Australian law firm, catering to sectors such as financial services, healthcare, and manufacturing. The revenue model of Learning Seat is based on subscription access to its training content, allowing businesses to implement compliance training seamlessly across their workforce.
Their offerings include customized training solutions and integrations with existing Learning Management Systems (LMS). Pricing is structured based on the level of access and customization required, tailored to ensure organizations remain compliant and mitigate risks effectively. Learning Seat aims to enhance its product offerings and expand into new markets. The recent acquisition by Callidus Software Inc.
will support future product development and market penetration strategies. Specific details on upcoming products and targeted geographic regions for expansion have yet to be disclosed. The company intends to utilize the funding from the acquisition to bolster its initiatives and support growth in the compliance training domain.
Primary Industry
Internet
Sub Industries
Web Development, Internet Service Providers
Website
www.learningseat.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Learning Seat Pty Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Learning Seat Pty Ltd | - | ||||||||
| Add-on | Completed | C-Learning Ltd | - | ||||||||
| Buyout | Completed | Learning Seat Pty Ltd | - |
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