Wyblo Successfully Acquires Startup Software
Wyblo, an Italian EdTech Startup creating tech to support the training industry, announced that they are acquiring the software of Clay, a startup that created a digital tool that helps instructors create a social classroom, to fulfil their goal of elevating the training industry. The acquisition of Clay further increases Wyblo’s share in the learning and development industry. “Wyblo, with the new acquisition, will help our clients connect with their learners to create better learner experiences and more opportunities for learning success”, said Kevin, CEO of Wyblo.
Wyblo will use Clay’s existing technology and implement it into their platform to support the industry’s move toward social learning. Wyblo is currently developing features that facilitate social discussions between participants and trainers, participants to participants, and trainers to trainers. Clay, which will be renamed to Wyblo, will now be fully integrated into the platform as the main social component to the platform.
The move to acquire Clay first started when Wyblo co-founder, Kevin Giorgis, and Clay founder, Christoph Koenig, met at ESCP’s pitch and present event in January of 2021. They immediately saw the synergies of Clay’s community-driven learning environments and Wyblo’s goal of creating a training ecosystem and began discussing ways they can collaborate. After multiple conversations, they recognized the timing was ideal for both startups, and mutually agreed the vision of acquisition and complete integration of Clay into Wyblo would be the best solution. Both teams are equally excited to see their shared vision of social learning brought into the training industry with this acquisition.