Northpass, Inc
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Northpass, Inc - overview
Established
2013
Location
Parsippany-Troy Hills, NJ, US
Primary Industry
Software
About
Northpass, Inc. specializes in providing a comprehensive Learning Management System (LMS) designed for customer education and onboarding, enhancing organizational efficiency in training and engagement. Founded in 2013, Northpass, Inc. is headquartered in Parsippany-Troy Hills, US.
The company focuses on automating customer training and onboarding processes. In July 2023, Gainsight, Inc. acquired Northpass, allowing Gainsight to enhance its digital customer success offerings. The company has participated in 4 funding rounds, raising a total of USD 4.
00 mn, with the latest round being USD 4. 00 mn in July 2023. Northpass, now operating under the Gainsight Customer Education brand, specializes in delivering a comprehensive Learning Management System (LMS) tailored for customer education and training. The core product offerings focus on digitizing customer onboarding and training through on-demand educational experiences.
By automating one-on-one training, Northpass enables organizations to allocate resources more effectively, thereby enhancing customer engagement and retention. The platform supports a variety of end users, including customer success teams, client enablement managers, and learners seeking to navigate software solutions effectively. Northpass serves a diverse client base across several geographical markets, including North America and Europe, empowering companies to streamline their education programs and elevate customer experiences. Northpass generates revenue primarily through subscription-based models for its LMS offerings, allowing clients to access a range of educational tools and services.
Clients typically engage in long-term partnerships that facilitate ongoing access to training resources and support. These transactions are structured to accommodate business-to-business (B2B) relationships, where companies subscribe to the platform to provide tailored educational content to their customers. Specific pricing plans for Northpass services are determined based on the scale and customization of the educational programs provided, aligning with the unique needs of each client. The platform's capabilities, including its certification engine and course authoring tools, contribute to its value proposition, attracting organizations looking to enhance their customer training initiatives.
Following the acquisition by Gainsight, Inc. in July 2023, there are plans to expand the product portfolio further into digital customer success solutions. The integration aims to leverage Northpass's Learning Management System capabilities to enhance Gainsight’s offerings. The acquisition allows for a strategic opportunity to support new product developments and market expansions, specifically targeting enhanced customer education tools.
The funding from the acquisition is expected to accelerate these growth initiatives.
Current Investors
Edison Partners
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Content Management Software, Education & Training Software
Website
www.northpass.com
Verticals
E-commerce
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Northpass, Inc - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Northpass, Inc | - |
Displaying 1 - 1 of 1
Northpass, Inc - employee data


Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.