Bisk Ventures Announces Investment in Mindmarker
January 3, 2019
Tampa, FL – January 3, 2019 – Bisk Ventures, Inc. is pleased to announce that it has completed an investment in and partnership with Mindmarker, a global leader in corporate training reinforcement and training sustainment.
The investment is part of an acquisition of Mindmarker, LLC to Mindmarker Holdings, LLC, a newly formed corporation with lead investor Dave Froelich along with Bisk Ventures and other private equity investors.
Mindmarker’s SaaS-based platform helps corporations create lasting training impact and drive behavior change through advanced learning reinforcement. With reinforcement, the focus shifts away from the model of knowing how to do something and towards a more sophisticated model of application, evaluation and mastery.
“Organizations that invest in corporate training without reinforcement are missing a key part of the learning process,” said Mike Bisk, Founder and President of Bisk Ventures. “Through their innovative learning technology, Mindmarker enables companies to significantly improve their return on investment by ensuring that knowledge and skills learned in training programs are applied on the job. We are excited to partner with them as they continue to lead the industry in this critical area.”
“Mindmarker’s goal is to help organizations maximize training impact,” said Mindmarker CEO Dave Froelich. “With the funding provided by Bisk Ventures and our other investors, we will continue to expand and reach more organizations around the globe.”
With clients and partners in the United States, Europe, Middle East, and Asia, Mindmarker is used in over 100 countries and available in 20+ languages. To learn more about Mindmarker, visit www.mindmarker.com.
About Mindmarker
Founded by Anthonie Wurth in 2013, Mindmarker is the global leader in training reinforcement and training sustainment. Mindmarker helps corporate clients and partners use their training content to create effective, ongoing eLearning programs delivered through innovative SaaS-based mobile and desktop applications. Mindmarker’s proven methodology was developed over a decade of research to address the various aspects of learning that are essential to achieving lasting behavior change. Based in Newton, Massachusetts with two additional offices in the Netherlands, Mindmarker serves corporate clients across the globe with a platform available in 21 languages. During its more than five-year history, Mindmarker sold approximately 164,000 total software licenses, with revenues generated from more than 110 customers located in 28 countries. Its proven results have led to it being sought out by more than 40 of the top Fortune 500 Companies for new employee onboarding, sales training, leadership development, and other opportunities for employee growth.
About Mindmarker Holdings, LLC
Mindmarker Holdings, LLC is a newly formed holding company with lead investor Dave Froelich. Dave has an MBA from the University of Chicago and spent 20+ years on Wall Street working closely with many of the world’s top institutions. Co-investors include technology entrepreneurs and Private Equity investors.
About Bisk Ventures
Bisk Ventures is an early stage venture capital firm focused on accelerating growth for EdTech startups. We invest in best of breed, innovative technology solutions, products and services across the value chain of digital learning. Founded in 2015 by Mike Bisk, Bisk Ventures has invested in more than 20 companies that are engaged in the transformation of educational engagement, access and effectiveness in the higher education and corporate learning space. Our mission is to improve lives through innovations in education. To learn more, visit www.biskventures.com.
Media Contact
George Straschnov
Managing Director
813-462-2560
media@biskventures.com