Just in case you missed it, last week we announced the acquisition of LiftEd, a cloud-based software designed for special education programs to help educators, therapists, and paraprofessionals in PreK-12 public, private, and charter schools measurably improve teaching and learning outcomes for students diagnosed with autism spectrum disorder (ASD) and intellectual and developmental disabilities (IDD).
LiftEd is an exciting addition to our suite of solutions here at CentralReach and I want to spend a few minutes to explain why.
While we have made a number of acquisitions (10 to be exact) since I joined the company in 2018, inorganic revenue has contributed relatively little to the 500% plus growth we’ve experienced over the last 4 years. Over 94% of that growth has come from customers subscribing to and expanding their business on our award-winning Autism and IDD Care PlatformTM. In fact, we’ve grown our user base from around 50,000 in 2018 to over 125,000 today thanks to that organic growth.
Given the strong organic growth profile, you might ask, what is the rationale behind making these 10 acquisitions? The answer is simple. Our goal is to provide the most comprehensive integrated platform for our customers. And while we could achieve that through organic product development, we believe that we can both accelerate the time to market for certain products or features and add talented subject matter experts to help drive future innovation in these areas by making strategic acquisitions. Our ABLLS-R®, AFLS®, Avail Support, Bronco Billing (Billmax) and Cartocal (CR ScheduleAI) are great examples of the value that can be created through this approach and strategy.
LiftEd is another perfect example of a product that is positively disrupting the autism and IDD care space by solving a problem in a way that no other company in the special education space has been able to. The product enables education professionals in a school setting to seamlessly demonstrate, in a data-driven, holistic, intuitive, and affordable way, that the decisions and programs used in the classroom are positively impacting each student’s progress on IEP goals.
By acquiring LiftEd and using it to form the centerpiece of our Autism and IDD Care Platform for Special Education, we can quickly provide schools - where care is delivered on a regular basis to students with an IDD - with the most complete, integrated, and intuitive special education platform in the market.
As the leading provider of Autism and IDD Care Software in all settings care is provided - at home, at school, and at work, I’m excited for how this latest acquisition furthers our mission of providing the leading software and services platform to help children and adults diagnosed with autism and related IDDs - and those who serve them - unlock potential, achieve better outcomes, and live more independent lives.
For more information about the CentralReach Autism and IDD Care Platform, visit https://go.centralreach.com/website/autism-and-idd-whitepaper. Additional information about LiftEd can be found at www.theliftedapp.com.
CentralReach is the leading provider of Autism and IDD Care Software, providing the only complete, end-to-end software and services platform that helps children and adults diagnosed with autism spectrum disorder (ASD) and related intellectual and developmental disabilities (IDD) - and those who serve them - unlock potential, achieve better outcomes, and live more independent lives. With its roots in Applied Behavior Analysis, the company is revolutionizing how the lifelong journey of autism and IDD care is enabled at home, school, and work with powerful and intuitive solutions purpose-built for each care setting.
Trusted by more than 175,000 professionals globally, CentralReach is committed to ongoing product advancement, market-leading industry expertise, world-class client satisfaction, and support of the autism and IDD community to propel autism and IDD care into a new era of excellence. For more information, please visit CentralReach.com or follow us on LinkedIn and Facebook.