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SkillSoft

skillsoft.com

Founded Year

1989

Stage

Reverse Merger | IPO

Total Raised

$157M

About SkillSoft

Skillsoft provides cloud-based learning solutions for its customers worldwide, ranging from global enterprises, government, and education to mid-sized and small businesses. It's customer support teams draw on a wealth of in-house experience and a comprehensive learning e-library to develop off-the-shelf and custom learning programs tailored to meet customer needs. Skillsoft's courses, books and videos have been developed to ensure that they maximize business skills, performance, and talent development. In October 2020, Skillsoft was merged into Churchill Capital.3B.

Headquarters Location

107 Northeastern Blvd.

Nashua, New Hampshire, 03062,

United States

603-324-3000

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Research containing SkillSoft

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CB Insights Intelligence Analysts have mentioned SkillSoft in 1 CB Insights research brief, most recently on Jan 3, 2022.

Expert Collections containing SkillSoft

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

SkillSoft is included in 1 Expert Collection, including Education Technology (Edtech).

E

Education Technology (Edtech)

2,640 items

SkillSoft Patents

SkillSoft has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/27/2015

8/6/2019

Diagrams, Educational technology, Educational websites, Statistical charts and diagrams, Virtual learning environments

Grant

Application Date

10/27/2015

Grant Date

8/6/2019

Title

Related Topics

Diagrams, Educational technology, Educational websites, Statistical charts and diagrams, Virtual learning environments

Status

Grant

Latest SkillSoft News

Naspers : KPI Datasheet (XLS)

Nov 23, 2022

Message : US$'m 29% 50% 69% 20% - 13% 4% 26% 18% 18% 22% Revenue 20% 1. Results reported on an economic interest basis, i.e. equity-accounted investments (Associates and JV's) are proportionally consolidated within reportable segments. 2. Edtech became a segment from 1 April 2021 and is excluded from Other for all periods represented. 3. At the end of FY22 we discontinued equity accounting VK, as our directors resigned from the VK Board. 4. Avito is treated as a discontinued operation for 1H FY23 and prior year numbers have been adjusted. We completed its sale in October 2022. Prosus (Consolidated) 25% 41% 76% 23% - 13% 21% 2. Edtech became a segment from 1 April 2021 and is excluded from Other for all periods represented. 3. Avito is treated as a discontinued operation for 1H FY23 and prior year numbers have been adjusted. We completed its sale in October 2022. Classifieds 50% Paying listers ('m)4 25% - 209% - 25% 41% 1. Results reported on an economic interest basis, i.e. equity-accounted investments (Associates and JV's) are proportionally consolidated within reportable segments. 2. Avito was Classifieds as a discontinued operation for 1H FY23, and was subsequently sold in October 2022. Classifieds' revenue, trading profit and operational metrics in all comparative periods exclude Avito. 3. Classifieds includes markets where the predominant mix of business is online classifieds (Europe, Brazil, South Africa and other associates). 4. Operational metric data reflects 100% of controlled entities and equity-accounted investments (excluding OfferUp and EMPG). Numbers have been adjusted to reflect like-for-like due to changes in the markets within our portfolio. 5. ARPIU disclosure: We are migrating away from ARPIU since the relevance of the metric to the business has decreased as the business is focused on the monetisation of paying listers. Consequently, this will be the last time we report ARPIU. ARPIU grew 14% in 1H FY23 (fx neutral) to US$1.08 from US$0.95 in 1H FY22. 6. Trading profit in all comparative periods have been adjusted for the allocation of OLX shared services costs to the respective business units. 7. OLX Autos includes markets where autos transaction constitute predominant mix of business (LatAm, USA, India, Indonesia, Pakistan and Turkey). 8. Operational metric data reflects 100% of FCG (including Poland) and letgo Turkey. Numbers have been adjusted to reflect like-for-like due to changes in the markets within our portfolio,. 9. In markets where an established B2C model is operated, including Argentina, Colombia, Chile, Indonesia, Mexico, Poland and Turkey (letgo). 10. Grupo ZAP was consolidated from October 2020 - FY21 includes six months of revenue and trading profit while FY22 includes 12 months. 11. 1. Results reported on an economic interest basis, i.e. equity-accounted investments (Associates and JV's) are proportionally consolidated within reportable segments. 2. Orders and GMV are 100% for all companies. Investee companies' KPIs are aligned with 3-month reporting lag period (January - December). Growth in 1H FY20, FY20, 1H FY21 and FY21 are based on metrics excluding Woowa Group. 3. DH's Integrated Verticals (Dmarts and DH kitchens) are included in Prosus New initiatives Swiggy's Instamart and other initiatives are included in Prosus New Initiatives. 4. iFood Brazil is a subsidiary. iFood Colombia, which was a joint-venture with Delivery Hero, has been closed down and excluded from 1H FY23 operational metrics but still included in the prior periods. 5. 6. As reported by Delivery Hero (DH) on a three-month lag basis. DH's metrics for 1H FY21, FY21 and 1H FY22 include Woowa Group on a pro-forma basis. 7. 8. 1. Results reported on an economic interest basis, i.e. equity-accounted investments (Associates and JV's) are proportionally consolidated within reportable segments. Edtech became a segment from 1 April 2021. 2. Results include one-off adjustments related to associates. i.e. BYJU's prior year accounting adjustment (Revenue -$18m, TP -$61m) and lag period adjustments for BYJU's, Udemy and Skillsoft (Revenue +$62m, TP -$1m). We discontinued equity accounting BYJU's and Udemy from September 2022. 3. Stack Overflow was included for 8 (2) months in FY22 (1H FY22). Operating metrics, revenue and trading profit reflect these inclusion periods. 4. ARR (annualized recurring revenue) represents annualized value of all subscription contracts at the end of the reporting period. 5. NDRR (net dollar retention rate) represents total ARR at the end of the period divided by the total ARR at the beginning of period for active customers at the beginning of the period. 6. Includes Stackoverflow.com and the tech-focused Stack Exchange sites. 1H FY23 is based on modelled data due to changes in Google Analytics platform, which is used to track the monthly unique visitors, during the period. 7. GoodHabitz was included for 10 (4) months in FY22 (1H FY22). Operating metrics, revenue and trading profit reflect these inclusion periods. 8. Skillsoft was included for 6 months in FY22. Revenue and trading profit reflect these inclusion periods while operating metrics reflect the full period. 9. Operational metrics are shown at 100% for all companies. Investee companies' operational and financial KPIs (Skillsoft disclosed here) are aligned with 3-month reporting lag period. 10. Relates to Skillsoft's Content platform. FY21 and FY22 were updated to align with this definition as reported by Skillsoft. 11.

SkillSoft Web Traffic

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SkillSoft Frequently Asked Questions (FAQ)

  • When was SkillSoft founded?

    SkillSoft was founded in 1989.

  • Where is SkillSoft's headquarters?

    SkillSoft's headquarters is located at 107 Northeastern Blvd., Nashua.

  • What is SkillSoft's latest funding round?

    SkillSoft's latest funding round is Reverse Merger.

  • How much did SkillSoft raise?

    SkillSoft raised a total of $157M.

  • Who are the investors of SkillSoft?

    Investors of SkillSoft include Churchill Capital, Morgan Stanley, Sound Point Capital Management, Charterhouse Capital Partners, Bain Capital and 7 more.

  • Who are SkillSoft's competitors?

    Competitors of SkillSoft include Crehana and 1 more.

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