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

Open Assessment Technologies (OAT) has solidified its market position through a significant capital infusion, reaching a total valuation milestone of $150K. This latest major strategic investment of $150K underscores the firm's transition into a mature, late-stage enterprise software provider. By securing this financing, OAT reinforces its commitment to scaling its core infrastructure and expanding its footprint within the global assessment technology sector.

What is Open Assessment Technologies?

Open Assessment Technologies
SoftwareEngineering Software

Open Assessment Technologies serves as the primary publisher of TAO, a highly scalable and secure open-source assessment platform. As a leader in the educational and employment testing space, OAT provides the premier QTI-native content development and test delivery solution. The company operates a robust business model that combines off-the-shelf software products with comprehensive software-as-a-service (SaaS) editions. Beyond its core platform, OAT delivers high-value enterprise services, including specialized support and maintenance plans, ensuring that large-scale institutions can deploy reliable, interoperable testing environments that meet rigorous industry standards.

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

Key Investors in Open Assessment Technologies

PPP

Public-Private Partnership

What's next for Open Assessment Technologies?

With this late-stage capital, Open Assessment Technologies is well-positioned to accelerate its enterprise service offerings and deepen its penetration into international markets. The strategic focus will likely shift toward enhancing the SaaS product suite to accommodate increasing demand for remote, secure, and high-stakes digital assessment tools. By leveraging its open-source foundation, OAT is poised to maintain its competitive edge, potentially exploring further integrations with global learning management systems and workforce development platforms to solidify its role as the backbone of modern assessment infrastructure.

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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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