How Much Did Open Assessment Technologies Raise?
Funding & Key Investors

Open Assessment Technologies (OAT) has secured $150K in a major strategic investment, contributing to its total funding of $150K. This capital infusion marks a significant milestone for the company, which operates within the competitive landscape of assessment platforms. The recent financing underscores the market's confidence in OAT's trajectory and its innovative TAO platform.

What is Open Assessment Technologies?

Open Assessment Technologies
SoftwareEngineering Software

Open Assessment Technologies is the publisher of TAO, a robust, open-source assessment platform offered in both off-the-shelf and Software-as-a-Service (SaaS) editions. Recognized as a leading QTI-native solution for content development and test delivery, OAT serves critical sectors including education and employment. The company also provides enterprise services and support plans, positioning itself as a comprehensive provider in the digital assessment market. Its focus on scalability and security within its platform is a key differentiator.

How much funding has Open Assessment Technologies raised?

Open Assessment Technologies has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Open Assessment Technologies?

With the recent strategic investment, Open Assessment Technologies is poised for accelerated growth and further development of its TAO platform. The company's late-stage funding context suggests a focus on scaling operations, expanding market reach, and potentially enhancing its enterprise service offerings. This capital will likely fuel strategic initiatives aimed at solidifying its position as a dominant player in the educational and employment assessment technology sectors, leveraging its open-source foundation for broader adoption and innovation.

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Frequently Asked Questions Regarding Open Assessment Technologies Financial Insights

What are the most recent funding rounds that Open Assessment Technologies has completed, and what were the funding rounds?
Open Assessment Technologies has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Open Assessment Technologies has raised to date?
Open Assessment Technologies has raised a total of $150K in funding to date.
How many funding rounds has Open Assessment Technologies completed?
Open Assessment Technologies has completed 1 funding rounds.
How much funding did Open Assessment Technologies raise in its most recent funding round?
Open Assessment Technologies raised $150K in its most recent funding round.
Who are the lead investors in Open Assessment Technologies's latest funding round?
The lead investor in Open Assessment Technologies's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Open Assessment Technologies's history?
The largest funding round in Open Assessment Technologies's history was $150K.
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