Start ups

Norwegian company training startup Attensi raises $26M from NYC’s Lugard Road, DX Ventures – TechCrunch

Company teaching startup Attensi — which originally emerged out of Oslo, Norway — has lifted $26 million from New York-based Lugard Highway Money, DX Ventures (a VC fund backed by Shipping Hero) and current shareholder Viking Undertaking. The new funding will be applied to broaden in North The usa and Europe.

Attensi uses a gamified solution to company instruction, putting workers into 3D simulations of their workplace and get the job done procedures. Its rivals contain providers like GoSkills, Mindflash, SAP Litmos and Skilljar.

With the pandemic shifting all business get the job done to distant, electronic coaching platforms like this stand to gain.

This is also however an additional latest example of how U.S. VCs are “going hunting” for startups in Europe, placing stress on local VCs.

Attensi co-founder and co-CEO Trond Aas mentioned in a assertion: “With gamified simulation training, we have merged the finest of office psychology with our skills in simulations and gamification to make a new category of teaching solutions.”

The company claims it has experienced a 63% CAGR in annual recurring income. Its purchasers incorporate Daimler Mercedes Benz, Circle K, Equinor, BCG and ASDA.

Doug Friedman, a lover at Lugard Highway Capital, mentioned: “We could not be extra thrilled to be investing in the Attensi team as they get the job done to permanently transform and enhance corporate discovering and improvement through their Attensi options.”

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