Company profile: NovoEd
1.1 - Company Overview
Company description
- Provider of a collaborative, cohort-based learning platform enabling organizations to design and deliver experiential learning that drives business performance and develops high-value capabilities, with solutions for everboarding (continuous onboarding), leadership development, upskilling and reskilling, video practice, and a mentorship platform, serving global corporations, executive education providers, and training firms.
Products and services
- Leadership Development: Online programs focused on enhancing leadership skills through interactive, peer-to-peer, and self-paced experiences, architected to build high-value capabilities that drive business performance across organizations
- Upskilling and Reskilling: Customizable training programs targeting marketing, supply chain management, and customer service, supported by peer learning and mentoring to develop key business capabilities aligned with strategic needs
- Cohort-Based Collaborative Learning Platform: Enterprise-grade platform that organizes learners into cohorts for collaborative learning with peer support and structured activities, enabling experiential, group-based development that improves business performance
Key contacts
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Financial details
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1.2 - Competitors and similar companies to NovoEd
Hours
HQ: United States
Website
- Description: Provider of a time tracking app.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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MrTed
HQ: United Kingdom
Website
- Description: Provider of on-demand talent acquisition solutions that help companies of all sizes optimize the process of acquiring local talent on a global scale. Offers MrTedTalentLink, an enterprise-class global talent acquisition solution. Founded in London in 1999 and supporting over 1,500 clients.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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MedEncentive
HQ: United States
Website
- Description: Provider of a web-based, patented digital health incentive system—the MedEncentive MAIT Program—that leverages the patient-physician relationship to encourage best medical practices and better self-care, aiming to improve health outcomes and reduce healthcare costs.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Evolve Assess
HQ: United Kingdom
Website
- Description: Provider of online assessment software specializing in psychometric exams and candidate feedback. The platform enables users to uncover dynamic reports, extract raw data from each assessment submission, analyze performance at a granular level, and control content, communications, and delivery.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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CBS HRO
HQ: United States
Website
- Description: Provider of human resource outsourcing services and third-party 401(k) administration. Founded more than 20 years ago, the company serves hundreds of clients in virtually every state, acting as a human resources solutions partner to help enhance clients' competitive edge.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for NovoEd
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to NovoEd
2.2 - Growth funds investing in similar companies to NovoEd
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4 - Top valuation comps for NovoEd
4.2 - Public trading comparable groups for NovoEd
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