What is Wonderlic?
Founded in 1930 and headquartered in Vernon Hills, Illinois, Wonderlic, Inc. is a long-standing provider of comprehensive assessment and survey solutions tailored for both the hiring and student selection processes. The company offers a robust suite of services designed to enhance employee selection, including cognitive ability tests, personality assessments, knowledge and skills evaluations, and automated reference checks. For educational institutions, Wonderlic provides curriculum assessments, admissions evaluations, and job placement assessments. Its proprietary platform, Wonderlic Online, streamlines candidate information management, test deployment, results tracking, and applicant comparison, enabling real-time decision-making for organizations, government agencies, and accrediting bodies.
How much funding has Wonderlic raised?
Wonderlic has raised a total of $2.4M across 2 funding rounds:
Debt
$1M
Debt
$1.4M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.4M led by PPP
Key Investors in Wonderlic
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Wonderlic?
The recent major strategic investment signals Wonderlic's transition into a scaling phase, likely focused on expanding its technological capabilities and market reach. With a history spanning over nine decades, the company is well-positioned to leverage this new capital to further innovate its assessment platforms and deepen its penetration in both the corporate and educational sectors. Future growth may involve enhancing AI-driven insights within its assessment tools, expanding its service offerings to address evolving workforce and educational needs, and potentially exploring strategic partnerships to broaden its client base. The company's substantial total funding indicates a strong foundation for sustained development and market leadership.
See full Wonderlic company page
