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Amplifire (Knowledge Factor)
Helping people learn more effectively and efficiently
About Amplifire (Knowledge Factor)
Operating as a SaaS provider, Amplifire, also known as Knowledge Factor, offers a specialized adaptive eLearning platform grounded in cognitive science. The company was founded in 2000 by Charles Smith, who was introduced to knowledge engineering by Dr. James E. Bruno of UCLA and saw the potential of technology based on brain science. Since its inception, the platform has facilitated over three billion learner interactions. In July 2022, Amplifire received a strategic investment from Polaris Growth Fund to support its continued growth.
The firm's core business revolves around its patented, cloud-based platform that aims to enhance learning efficiency and knowledge retention for professionals. It primarily serves clients in high-stakes industries such as healthcare, higher education, and Fortune 500 corporations. The business model involves providing access to its software platform, which clients use for assessment, training, and data analytics. A significant part of its strategy includes a collaborative co-development model, particularly through its Healthcare Alliance, where it partners with large health systems to create and validate clinical and non-clinical training content. This content is then made available to other health systems, creating a shared ecosystem.
The platform's technology is designed to identify and remediate what it terms "confidently held misinformation"—instances where a learner is sure of an incorrect answer. It utilizes confidence-based assessments, adaptive algorithms, and personalized learning paths to address individual knowledge gaps and learner uncertainty. Key features include knowledge tracing, real-time analytics dashboards for educators, and gamification elements like badges and points to engage learners. The platform delivers content through various methods, including initial learning modules and subsequent "Smart Refreshers" that target areas where a learner struggled. Amplifire also offers solutions for electronic health record (EHR) onboarding, compliance training, and revenue cycle management.
Source: Dealroom company dataAt a glance
- Founded
- 2001
- Headquarters
- Boulder, United States
- Sector
- Edtech
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Source: Dealroom Talent Intelligence.
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