Aarhus-based startup LMS365 has acquired UK’s Weekly10, a dynamic performance and engagement management firm. LMS365, known for its AI-powered learning platform integrated with Microsoft 365, can now expand its reach with Weekly10’s employee-focused approach. The synergy enhances Microsoft Teams and Viva with advanced AI tools, underlining a commitment to individual growth and success. With this acquisition, Weekly10’s founder, Andrew Roberts, will be joining LMS365’s executive team.
LMS365 stands out as an AI-powered learning platform, seamlessly integrated with Microsoft 365. It empowers organizations to efficiently deliver, oversee, and monitor employee training and advancement, all within their existing digital workspace. Meanwhile, Weekly10 has earned its reputation as a performance management and employee engagement platform tailored for Microsoft 365, Teams, and Outlook. It centers on facilitating meaningful dialogues between employees and managers, nurturing employee accomplishments, and championing a people-centric ethos within workplaces.
Henrik Jeberg, Chief Strategy Officer of LMS365, emphasizes the profound impact of this acquisition, stating, “Learning, engagement, and performance are intricately linked, and with Weekly10, we have found the perfect match. This collaboration not only aligns with our go-to-market strategies, but also brings together sophisticated technology and a user-friendly platform. By joining forces, we are unlocking a vast market potential of over $10 billion and enabling our customers to maximize the value of their investment in LMS365’s award-winning learning management platform.”
The integration of LMS365 and Weekly10 will deliver an unparalleled suite of tools within Microsoft Teams and Viva, empowering learners and organizations to achieve unprecedented success through AI-powered learning and performance. Both platforms are already available on the Azure Marketplace, solidifying their position as leaders in their respective G2 quadrants.
“We are super excited to join the team at LMS365”, says founder and CEO Andrew Roberts. “We have grown our customer base by over 60% over the past year and we believe the combination of learning, engagement and performance will significantly enhance our customer’s experience. I truly believe that in combination we will offer a game changing solution that will support employees to be more engaged and successful”.
In an era powered by AI, LMS365 and Weekly10 will leverage Microsoft’s advanced AI technology to make it easier to learn, develop and perform in the flow of work.
“The way we deliver learning and people development today is vastly different from before COVID” outlines Robin Daniels, Chief Business Officer. “Therefore, the question we asked ourselves is – what does human success looks like in the age powered by AI? We believe that the future of human success comes from people who are constantly learning, deeply engaged in their work and with their colleagues, and who sets clear performance targets for themselves, their teams, and the business. The future remains human-centric, but with the assistance of advanced AI, we can enhance the way we work and achieve even greater success.”
Unlike traditional HR tech solutions that focus solely on people management, LMS365 and Weekly10 prioritize individual growth and success. “We want to create a solution that underpins human success, where the individual is at the center and there is a culture of continuous improvement and personal development.” concludes Daniels.
The acquisition of Weekly10 by LMS365 is a testament to their shared vision of revolutionizing the learning and performance landscape. Andrew Roberts will join the executive team at LMS365 as Executive Vice President of Product, further strengthening the combined company’s expertise and capabilities.
The transaction, completed as a cash and shares purchase, was finalized on August 8th, 2023, marking the beginning of an exciting new chapter for LMS365 and Weekly10.