What is Kryterion?
Founded in 2000 and headquartered in Phoenix, Arizona, Kryterion is a prominent provider of online testing, delivery, and proctoring services. Its flagship platform, Webassessor, offers a comprehensive suite of tools for item banking, exam security, management, and results processing. The company serves a critical role in the secure and efficient administration of assessments across various industries, facilitating both academic and professional certification processes.
How much funding has Kryterion raised?
Kryterion has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for Kryterion?
The recent major strategic investment signifies a pivotal moment for Kryterion, likely enabling accelerated expansion of its service offerings and technological advancements. This capital infusion is expected to bolster its competitive edge in the rapidly evolving e-learning and credentialing markets. Future initiatives may focus on enhancing platform capabilities, expanding global reach, and forging new strategic partnerships to solidify its position as a leader in secure online assessment solutions.
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