Authess
Latest round
- Seed
Last raised
- Mar 2017
Total raised
- $2.2M
Investors
- 2
About Authess
Authess, Inc.Founded in 2015 in Boston, US, Authess, Inc. specializes in assessment technologies aimed at improving education outcomes.14 mn. In March 2020, Authess was acquired by Elsevier Limited, marking a pivotal moment in its business trajectory.Authess, Inc. offers advanced digital assessment tools designed to facilitate learning and enhance educational outcomes. Their solutions enable educators to create customized assessments that align with learning goals, analyze student performance through data analytics, and deliver immediate feedback.Authess, Inc. generates revenue through the sale of its assessment solutions to educational institutions, often structured as multi-year licensing agreements. This model allows schools to integrate Authess tools into their curriculum, driving a steady revenue stream as they procure licenses for various assessment products.Authess, Inc. plans to leverage its recent acquisition by Elsevier to enhance its product lineup, with new assessment solutions expected to launch in the next year. The company is also strategizing to expand its presence in the North American and European educational markets, aiming for significant growth by 2022.
Who invested in Authess
2 investors across 2 rounds
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Questions about Authess
Who invested in Authess?
Authess has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Authess raised?
Authess has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Authess last raise money?
Authess's most recent round on record is a Seed, in Mar 2017.
What does Authess do?
Authess is a software company.
Where is Authess headquartered?
Authess is headquartered in Boston, US.
Which VCs invest in companies like Authess?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Authess's stage. Their profiles are linked below.
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