getAbstract Company Profile

Background

Overview

getAbstract, founded in 1999, is a Swiss-based company specializing in providing concise, human-written summaries of business books, articles, podcasts, and videos. Its mission is to make expert knowledge more accessible without compromising quality or the rights of authors and publishers. The company partners with leading publishers and authors to deliver a vast library of learning content, supporting learning in the flow of work.

Mission and Vision

getAbstract's mission is to deliver expert insights right where decisions happen, enabling users to move from learning to doing without missing a beat. This approach aims to lead to real learning, improved performance, and significant outcomes.

Primary Area of Focus

The company focuses on curating and delivering business knowledge through concise summaries, enabling professionals to access and apply key insights efficiently. Its offerings include summaries of business books, articles, podcasts, and videos, available in multiple languages.

Industry Significance

getAbstract holds a significant position in the knowledge compression industry, serving as a leading provider of summarized business content. Its services are utilized by professionals worldwide, including employees and decision-makers from 40% of Fortune 100 companies.

Key Strategic Focus

Core Objectives

getAbstract aims to provide professionals with easy access to summarized expert knowledge, fostering self-directed learning and supporting organizational objectives. The company focuses on delivering concise, actionable insights that can be integrated into daily workflows.

Specific Areas of Specialization

The company specializes in curating and delivering business knowledge through concise summaries, enabling professionals to access and apply key insights efficiently. Its offerings include summaries of business books, articles, podcasts, and videos, available in multiple languages.

Key Technologies Utilized

getAbstract employs a rigorous in-house editorial process to ensure accuracy and consistency in its summaries. The company also integrates its content with various learning management systems (LMS), learning experience platforms (LXP), and Microsoft 365, providing seamless access to its resources.

Primary Markets or Conditions Targeted

The company's primary markets include corporate clients, educational institutions, and individual professionals seeking to enhance their knowledge and skills. Its services are utilized by employees and decision-makers from 40% of Fortune 100 companies, indicating a strong presence in the corporate sector.

Financials and Funding

Funding History

Specific details regarding getAbstract's funding history are not publicly disclosed. The company operates as a privately held entity, and financial information is not readily available.

Total Funds Raised

As a privately held company, getAbstract has not publicly disclosed the total funds raised to date.

Notable Investors

Information about specific investors in getAbstract is not publicly available.

Intended Utilization of Capital

While specific details on the utilization of capital are not disclosed, it is likely that funds are allocated towards content development, technological enhancements, and expanding partnerships to enhance the company's offerings and market reach.

Pipeline Development

Key Pipeline Candidates

getAbstract continually updates its library with new summaries of business books, articles, podcasts, and videos. The company focuses on curating content that is relevant and valuable to professionals seeking to enhance their knowledge and skills.

Stages of Clinical Trials or Product Development

As a content-focused company, getAbstract does not engage in clinical trials or traditional product development stages. Instead, it focuses on the continuous development and expansion of its content library.

Target Conditions

The company's content targets a wide range of business and professional development topics, including management, leadership, marketing, sales, strategy, finance, human resources, and more.

Relevant Timelines for Anticipated Milestones

Specific timelines for content updates or new offerings are not publicly disclosed. However, getAbstract regularly adds new summaries to its library to ensure it provides up-to-date and relevant information to its users.

Technological Platform and Innovation

Proprietary Technologies

getAbstract utilizes a proprietary editorial process to curate and condense content into concise summaries. The company also integrates its content with various learning management systems (LMS), learning experience platforms (LXP), and Microsoft 365, providing seamless access to its resources.

Significant Scientific Methods

The company employs a rigorous in-house editorial process to ensure accuracy and consistency in its summaries. This process involves selecting and summarizing the most relevant and impactful content from a wide range of sources.

AI-Driven Capabilities

While specific details about AI-driven capabilities are not publicly disclosed, getAbstract's integration with Microsoft 365 Copilot suggests the use of advanced technologies to enhance content delivery and user experience.

Leadership Team

Key Executive Profiles

Thomas Bergen: Co-founder and CEO of getAbstract. He has been instrumental in the company's growth and development since its inception in 1999.

Patrick Brigger: Co-founder and Chairman of getAbstract. He has played a key role in shaping the company's strategic direction and partnerships.

Rolf Dobelli: Co-founder of getAbstract. He contributed to the company's founding and early development.

Brief Professional Backgrounds

Specific professional backgrounds of the leadership team are not publicly detailed. However, their roles in founding and leading getAbstract indicate extensive experience in business development, content curation, and strategic partnerships.

Key Contributions or Roles Within the Company

The leadership team has been pivotal in establishing getAbstract's position as a leading provider of summarized business content, forming partnerships with over 800 publishers worldwide, and expanding the company's offerings to include a vast library of summaries in multiple languages.

Competitor Profile

Market Insights and Dynamics

The market for summarized business content is competitive, with several companies offering similar services. Key competitors include Blinkist, Headway, Shortform, Instaread, and 12min. Each of these companies provides concise summaries of non-fiction books and articles, catering to professionals seeking efficient learning solutions.

Competitor Analysis

Blinkist: Offers summaries of over 6,500 titles, including bestselling nonfiction books, in 15-minute reads. The service is available in English, German, and Spanish.

Headway: Provides concise summaries of key ideas from the world’s nonfiction bestsellers, enabling users to absorb essential knowledge quickly.

Shortform: Delivers long-form, highly structured summaries and deep-dive guides that include analysis, quotes, and exercises.

Instaread: Offers book and article summaries in text and audio with highlights and key insights.

12min: Provides "12-minute" book summaries delivered as text and audio, focusing on concise consumption.

Strategic Collaborations and Partnerships

getAbstract has established partnerships with over 800 international publishers, including Hachette, HarperCollins, McGraw-Hill, Simon & Schuster, and Wiley. These collaborations enable the company to offer a vast library of content to its users.

Operational Insights

getAbstract differentiates itself by offering a comprehensive library of over 22,000 summaries in seven languages, catering to a global audience. The company's focus on business and professional development content positions it as a valuable resource for corporate clients and individual professionals seeking to enhance their knowledge and skills.

Strategic Opportunities and Future Directions

As the demand for efficient learning solutions continues to grow, getAbstract has opportunities to expand its content offerings, enhance technological integrations, and explore new markets. The company's established partnerships and extensive library provide a strong foundation for future growth and innovation.