TrueAbility
Latest round
- Series A
Last raised
- Jul 2013
Total raised
- $4M
Investors
- 3
About TrueAbility
TrueAbility Inc.Founded in 2012 and headquartered in San Antonio, US, TrueAbility Inc. specializes in performance-based assessments for technical professionals.TrueAbility specializes in performance-based assessments designed to validate the skills of technical professionals in real-world scenarios. Their core offerings include fully managed cloud-based environments that facilitate live assessments for candidates, allowing for both automated and manual grading. The company’s solutions cater to a diverse range of clients, from small organizations to large enterprises, looking to enhance their certification processes or conduct training sessions. TrueAbility's products are utilized in various industries, including technology and education, and are accessible globally, with a strong presence in markets such as North America, Europe, and Asia.TrueAbility generates revenue through a subscription-based model for its performance-based assessment solutions, which includes monthly or yearly plans tailored to the varying needs of their clients. The company’s clients typically engage in direct B2B transactions, utilizing their cloud-based assessment platforms for training, certification, and skill validation. Their offerings include options for single assessments as well as scalable plans that support extensive usage, accommodating thousands of assessments per month. The firm’s flagship products, such as their custom performance-based assessments, are designed to meet specific customer requirements, ensuring that clients have access to the necessary resources for effective training and evaluation.In July 2023, TrueAbility Inc. was acquired by Aluminum, Inc. from TechStars, Austin Ventures, and Cloud Power Capital, with financial terms undisclosed. This acquisition aims to further develop TrueAbility's business assessment solutions platform and continuously strengthen its market capabilities. The company plans to design and launch new products, although specific details on upcoming releases have not been publicly shared. Additionally, TrueAbility seeks to expand its presence in new geographic regions as part of its growth strategy.
Who invested in TrueAbility
3 investors across 2 rounds
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Questions about TrueAbility
Who invested in TrueAbility?
TrueAbility has 3 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 TrueAbility raised?
TrueAbility has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did TrueAbility last raise money?
TrueAbility's most recent round on record is a Series A, in Jul 2013.
What does TrueAbility do?
TrueAbility is a software company.
Where is TrueAbility headquartered?
TrueAbility is headquartered in San Antonio, US.
Which VCs invest in companies like TrueAbility?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at TrueAbility's stage. Their profiles are linked below.
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