Attensi, the Oslo-based firm that offers innovative and gamified employee training solutions, has secured $26 million in funding from Lugard Road Capital, DX Ventures, and Viking Venture.
Attensi’s platform provides various solutions to help businesses and organizations create engaging, interactive training experiences for their employees and teams. This investment will allow Attensi to expand its platform and innovate employee training solutions.
Overview of Attensi
Attensi is a cutting-edge training software platform based in Norway. With its pioneering game-based approach to learning, Attensi aims to revolutionize how businesses train their staff, enabling improved employee performance and commitment to company values.
At the heart of Attensi’s solution is a powerful combination of video-gaming technology and interactive video scenarios that replicate real-life work environments. Its guiding belief is that this innovative approach will enable deeper engagement with content and have a more lasting impact on employee understanding and behavior.
Attensi’s game-based education platform has plenty of tangible benefits for businesses:
- It can be used to train large numbers of employees quickly, without sacrificing quality or accuracy.
- Interactive scenarios enable employees to practice what they learn, so they gain first-hand experience with familiar elements from the workplace environment.
- Attensi also offers insights into employees’ understanding and performance levels, helping inform future course design decisions and areas for improvement.
Attensi’s reputation for success continues to grow: in July 2020, it secured a $26 million investment from Lugard Road Capital, DX Ventures and Viking Venture – further solidifying its position as an industry leader in gamification for employee training.
Attensi’s platform provides various solutions to help businesses and organizations create engaging, interactive training experiences for their employees and teams.
Attensi’s Mission
Attensi’s mission is to provide the most engaging, effective and efficient gamified employee training solutions that help clients increase their success in the workplace. Our goal is to help companies reach their full potential by deeply understanding employee development needs, modern learning methods and proven game mechanics.
Our innovative platform has secured millions of dollars in investments from leading VC firms such as Lugard Road Capital, DX Ventures and Viking Venture. This new funding will allow us to further invest in our software-as-a-service (SaaS) platform and develop it into a comprehensive suite of products designed to facilitate easy corporate training delivery at scale. Furthermore, this will enable us to further expand our customer base globally.
At Attensi we believe that everyone has the potential to realize their full potential through education, engagement, collaboration and motivation. Attensi aims to empower corporate leaders with an environment where employees can come together and discuss ideas during training sessions while enjoying an interactive atmosphere that significantly boosts engagement rates. Our platform allows clients to create personalized scenarios and reports detailing players’ performance throughout the course, allowing them to effectively make data-driven decisions on how best to meet their future learning needs.
Attensi Secures $26M Investment From Lugard Road Capital, DX Ventures, Viking Venture
Lugard Road Capital, DX Ventures and Viking Venture are investment firms that recently joined forces to provide Attensi with a $26M Series B funding.
Established in 2019, Lugard Road Capital is a London-based venture capital firm focused on early-stage mobile and online gaming investments. DX Ventures is an early-stage venture fund dedicated to digital health, fintech, edtech, cyber security and AI/machine learning with offices in London, Berlin and Tel Aviv. Founded in 2014, Viking Venture is a Nordic venture capital firm investing in early stage software companies founded or led by Nordic entrepreneurs. The team is based in Norway but invests across the Nordics.
By joining forces to provide Attensi’s Series B funding round of $26 million, Lugard Road Capital, DX Ventures and Viking Venture will help Attensi further develop its pioneering gamified employee training platform as it grows into new markets around the world. They will also provide additional expertise and guidance to help Attensi’s management team execute their vision of becoming the leading provider of employee training solutions for enterprise customers worldwide.
Details of the Investment
Attensi, the developer of an award-winning gamified employee training platform, announced a $26 million investment from Lugard Road Capital and joint venture partners DX Ventures and Viking Venture. The funds will enhance Attensi’s market position, strengthen its product leadership and accelerate growth.
Lugard Road Capital led the investment round with participation from DX Ventures, Viking Venture, and existing investors. The new capital will further develop Attensi’s platform with additional features that harness the value of data analytics, artificial intelligence (AI) and machine learning (ML). In addition, the company plans to expand its sales operations into new countries in EMEA and LATAM markets.
Additionally, funds will be allocated towards research and development into new products that increase customer productivity while unlocking a better learner experience via improved gamification techniques.
According to Attensi CEO Marius Langsdorf: “We are extremely excited about this strategic investment with Lugard Road Capital as our key investor. With their experience in creating world-class tech companies in adverse business conditions worldwide and our expertise in gamification and innovative digital learning solutions, we are confident of becoming Europe’s leading employer brand software provider over the next three years.”
Attensi’s mission is to provide the most engaging, effective and efficient gamified employee training solutions that help clients increase their success in the workplace.
Attensi’s Platform
Attensi recently secured a $26M investment from Lugard Road Capital, DX Ventures, and Viking Venture. This marks Attensi’s recent success in providing a gamified employee training platform.
Attensi provides a platform that enables companies to create interactive and immersive simulations for employee training. We will discuss the features of Attensi’s platform and its potential to revolutionize employee training.
Overview of the Gamified Employee Training Platform
Attensi is an Oslo, Norway-based SaaS gamified employee training platform that integrates inherently with enterprise systems using off-the-shelf APIs and open data standards. Its goal is to simplify designing and deploying engaging employee training experiences in a scalable, secure way.
The platform consists of various immersive and interactive 3D learning areas where learners can practice different scenarios, complete targeted exercise tasks, engage in collaborative problem solving activities, and get feedback on their performance in real-time. The platform also features easy “drag & drop” content authoring tools for developers to create effective learning objectives without technical knowhow.
The award-winning Attensi platform boosts learner engagement rates, increases corporate training efficiency by reducing costs associated with training programs and ensuring better ROI per dollar spent. In addition, the AI/machine learning capabilities facilitate adaptation of learning content according to user performance metrics needs, keeping learners fresh and spurred on in their quest for knowledge.
Recently secured $26 million investment from Lugard Road Capital, DX Ventures, Viking Venture amongst others has underscored the impact made by the company’s enterprise job simulation offerings to increase employee skill development effectiveness while reducing time required for onboarding new employees into organizations. Attensi looks forward to continuing its journey towards becoming the go-to provider for advanced digital job simulations within the enterprise domain.
Benefits of the Platform
Attensi is a unique gamified employee training platform helping Fortune 500 companies worldwide reduce costs and maximize employee onboarding and training efficiency. Through its AI-driven content engine, intuitive dashboards and dynamic mobile-based learning experiences, Attensi helps clients quickly convert existing training materials into interactive 3D simulations that better engage employees. By investing in Attensi’s platform, businesses can reap numerous benefits including:
– Increased engagement: Gamification elements, such as progress tracking and leaderboards, help to ensure employees are highly engaged throughout their learning journey.
1. Improved collaboration: The platform’s collaboration tools facilitate teamwork among users while they learn together, helping to create a culture of shared knowledge and effective communication among users.
2. Contextual learning: Employees have access to relevant information inside the simulations so they understand intuition why certain tasks require specific steps or procedures.
3. Increased retention: The game-like environment encourages employees to become immersed in the material to achieve goals more effectively in real life – making it more likely they retain what they learn over time.
4. Greater user satisfaction: By personalizing experiences for each user based on their individual goals and preferences, Attensi ensures users can progress at their own pace while still staying motivated and driven by positive reinforcement from the platform’s features.
5. Reduced costs & time spent training: Due to its efficient use of resources, companies can expect significant savings in time taken for onboarding new hires and overall cost reduction associated with developing traditional training programs quickly and effectively using Attensi’s platform technology.
Use Cases
Attensi’s gamified employee training platform strengthens employee engagement and provides a fun and interactive way to learn. In addition, companies can use the platform to create custom-fit training materials, ensuring employees are up to date on the latest industry changes or product launches.
With its recent investment of $26 million, Attensi is well positioned to continue to grow and support businesses in the years to come.
Let’s look at some of the potential use cases of the Attensi platform.
Examples of Companies Using Attensi’s Platform
Attensi’s gamified employee training platform has seen massive success, having secured a major $26M investment round from top companies like Lugard Road Capital, DX Ventures and Viking Ventures. As a result, the platform has been adopted by large companies worldwide, ranging from those in the Fortune 500 to mid-sized and small businesses. In addition, Attensi’s customers have praised its effectiveness in delivering successful training initiatives.
The customer base for Attensi’s platform most notably includes renowned tech giants such as Microsoft, Google and Dell Technologies. Furthermore, major North American banks American Express, Bank of America and TD Bank have also adopted the platform. Attensi has also enjoyed success with international customers Danone – a French food product company – and Unilever – a British-Dutch multinational consumer goods company.
These industry leaders have used Attensi’s gamified employee training system to various ends; Microsoft uses the solution within its Global Service Experience Program while TD Bank utilizes it to give customer service agents product knowledge. Furthermore, Google leverages it for induction processes while American Express takes advantage of it to provide customer service agents with customer simulation scenarios that are engaging yet informative. These are some examples of how Attensi is helping these leading global companies better shape their organizational behavior.
Results Achieved by Customers
For many companies, Gamified Employee Training powered by Attensi’s platform has successfully transformed their workplace culture and processes. Working together with Lugard Road Capital, DX Ventures and Viking Venture, Attensi has seen impressive results among customers using the gamified employee training platform. For example:
– Increased Knowledge Retention: Attensi customers have experienced a greater than 80% long-term knowledge retention rate using its gamified approach to employee training. This means fewer mistakes and improved task performance by the employee.
– Increased Engagement: Employees spend more time on tasks when engaging in a novel activity like digital game play rather than traditional instruction methods such as lectures or standard elearning modules. As a result, employees are more likely to understand and retain the material presented by their trainer due to the fun learning environment created by Attensi’s gamified approach to training.
– Improved Performance: Customers have reported strong returns on their investments after implementing Attensi’s Gamified Employee Training platform as they experience a 10-20% reduction in human errors (such as manual keystrokes or mislabeling items) at various stages of electronic processes or customer service operations.
Lugard Road Capital, DX Ventures, Viking Venture and other investors are excited about the success demonstrated by customers who useAttensi’s Gamified Employee Training Platform solutions. Companies can look forward to improved employee performance outcomes through better knowledge retention and engagement over time with this innovative approach to effective employee learning!
The platform consists of various immersive and interactive 3D learning areas where learners can practice different scenarios, complete targeted exercise tasks, engage in collaborative problem solving activities, and get feedback on their performance in real-time.
Conclusion
Attensi has made a huge step forward in their mission to revolutionize employee training through their gamified approach. They have done this by securing $26 million in funding from Lugard Road Capital, DX Ventures, and Viking Venture, allowing them to continue to develop their platform.
This investment provides Attensi with the necessary resources to continue their mission of helping businesses transform employee training digitally.
In this article, we will discuss the implications of this investment and how it will benefit Attensi.
Summary of Attensi’s Success
Attensi, a gamified employee training platform, is making waves in the industry with its new round of funding. Attensi recently received a $26M investment from Lugard Road Capital, DX Ventures and Viking Venture. With this series of investments, Attensi solidifies its position as one of the leading providers of gamified employee training solutions.
Attensi’s innovative employee onboarding and training approach focuses on creating an interactive environment where employees can learn and engage in best practices. In addition, the learning process is tailored using patented AI-driven “digidecks” that provide users real-time feedback to ensure that the learning objectives are achieved.
Gamified employee training has proven effective in promoting collaboration and better understanding among employees and providing a more enjoyable onboarding experience that boosts morale and overall job satisfaction. With this new influx of funds, Attensi can continue perfecting their product offering and expanding their customer base organically and through strategic partnerships.
Impact of the Investment on the Future of Employee Training
The recent $26M investment in Attensi’s leading gamified employee training platform further validates the massive potential of the industry. In addition, it gives us insights into the future of employee training. Providing enterprises with an interactive and engaging training platform can improve internal operations while empowering their employees with knowledge that helps foster business growth.
With the new funding, Attensi plans to use this capital to develop more advanced Artificial Intelligence (AI) capabilities, extend their platform integrations, and expand their gamified course offerings. The AI model is set to improve upon personalized learning that will help companies build more meaningful relationships with their employees and cater better to their individual needs. In addition, improved integrations will increase access for customers looking for seamless experience when implementing Attensi’s tools for training purposes.
Overall, this investment reaffirms how integral meaningful employee training is for companies aiming to succeed in the modern digital landscape and indicates that there is much promise in developing new and innovative technologies tailored towards improving internal processes and overall employee satisfaction.
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