What is Professional Testing?
Professional Testing Corporation (PTC) has been a recognized leader in certification and licensure services for over thirty-five years. The company offers a comprehensive suite of services, including test development, administration, accreditation, and psychometric consulting. PTC's dedicated staff provides exceptional support throughout the examination process. Furthermore, the organization specializes in survey development and processing, alongside scoring and reporting services, ensuring the accuracy and security of examination data. PTC primarily serves organizations and boards aiming to refine their credentialing processes and achieve strategic objectives.
How much funding has Professional Testing raised?
Professional Testing has raised a total of $475K across 2 funding rounds:
Debt
$150K
Debt
$325K
Debt (2020): $150K with participation from PPP
Debt (2021): $325K led by PPP
Key Investors in Professional Testing
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Professional Testing?
The recent large-scale, late-stage funding, characterized as a major strategic investment, signals PTC's readiness for accelerated expansion and market penetration. This infusion of capital is likely to fuel advancements in their service offerings, potentially including enhanced technological capabilities for test administration and data processing, as well as broader market outreach. The company's focus on enhancing credentialing processes suggests strategic initiatives aimed at solidifying its leadership in the certification and licensure sector, possibly through acquisitions or strategic partnerships to broaden its service portfolio and client base.
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