Motimate AS

Motimate AS, based in Norway, provides innovative software solutions that enhance mobile learning experiences through gamification and customization, targeting diverse sectors including corporate training and NGOs. Motimate AS, founded in 2016, specializes in mobile learning applications that facilitate engaging learning experiences. The company is headquartered in Oslo, Norway. The latest funding round occurred in April 2021, raising NOK 67.

800 mn from investors including Investinor and Stayer Invest. Motimate has completed three deals since its inception, with its total amount raised being NOK 67. 800 mn. In April 2021, Motimate was acquired by Kahoot!

AS, which aims to bolster its offerings in employee engagement and corporate learning. Motimate is a mobile learning application designed to facilitate engaging and gamified learning experiences. Central to its offering are customizable course-building tools that allow organizations to create courses, referred to as Motis, tailored to their specific training needs. The intuitive platform empowers users to disseminate knowledge efficiently across various sectors, such as Learning & Development, sales teams, and NGOs.

Users can share content with colleagues, customers, and volunteers, fostering a collaborative learning environment. The app is available on both iOS and Android, catering to a global audience that spans multiple industries, including corporate training, educational institutions, and non-profit organizations. In 2022, Motimate generated revenue of NOK 4,264,328. 30 and reported an EBITDA of NOK -499,584.

80. The company operates on a subscription-based model with tiered pricing plans, enabling organizations to access its learning platform based on their specific needs and budgets. Motimate's services support onboarding, training, and performance tracking, fostering improved employee retention and satisfaction through tailored solutions. Motimate AS was acquired by Kahoot!

AS in April 2021, which aims to enhance its offerings in employee engagement and corporate learning. The acquisition will likely enable Motimate to launch new products and expand into additional markets to bolster its presence in the educational technology sector. The infusion of funding from the acquisition will support these initiatives, though specific product release dates and geographic expansion plans have not been disclosed.