About Authess
Authess is a Technology company based in Boston (United States) founded in 2015, and was acquired by Elsevier in March 2020. Performance-based digital assessments for students are provided. Authess has raised $2.89 million across 5 funding rounds from investors including Manipal Global, Elsevier and LearnLaunch. Its focus areas include Enterprise Applications, HRTech, LMS and Industry Specific. Its competitors include Degreed, Docebo and WorkRamp; 3 of its 3 listed competitors have raised funding.
Company details
Authess was founded in 2015 and is located in Boston, United States. Operations are focused on the education technology sector, where mobile and online assessments are delivered to students. Problem-solving paths of learners are tracked, and gaps in skills and understanding are identified through the platform. Job-related principles, knowledge, and skills are incorporated into assessments to measure learners existing capabilities.
- Headquarters Boston, United States
- Stage Acquired
- SectorsTechnology
- Website authess.com
- Social X
- Acquired by Elsevier (Mar 2020)
- Total Equity Funding$2.89M (USD)
in 5 rounds
- Latest Funding Round$137.29K (USD), Debt – Conventional
Nov 2019
- InvestorsManipal Global
& 3 more
- Acquired byElsevier
(Mar 2020)
Funding Insights of Authess
Authess has successfully raised a total of $2.89M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $137.29 thousand completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.89M
- Total Rounds 5
- Last Round Debt – Conventional — $137,286
- First Round $18,000
(Feb 2015)
- Investors Count 3
All 5 funding rounds of Authess with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $137,286 | Debt – Conventional | – | – | – |
| Apr 2019 | $425,000 | Debt – Conventional | – | – | – |
| Feb 2017 | $2.2M | Seed | – | EduLab | – |
| Nov 2015 | $675,000 | Seed | – | – | |
| Feb 2015 | $18,000 | Seed | – | – |
4 investors in total: 4 institutional.
Investors in Authess
Authess has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Manipal Global, Elsevier and LearnLaunch.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
EduLab is engaged in developing next-generation educational solutions globally. | 2015 | edulab-inc.com | Shibuya, Japan | |
Edtech startups are accelerated through specialized funding programs. | 2012 | learnlaunch.com | Boston, United States | |
University offering degrees in medicine, dentistry & foundation in science | 2001 | manipalglobal.com | Bengaluru, India | |
Information solutions for science, health, and technology professionals are provided. | 1880 | elsevier.com | Amsterdam, Netherlands |
Investor details for Authess
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Authess
4 dated milestones of Authess across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Authess is founded.
- Funding First funding round of $18K.
- Funding Latest funding round, Debt – Conventional, of $137K.
- Exit Acquired by Elsevier.
Competitors of Authess
Authess has 3 listed competitors in our database, 3 of them funded. They include Degreed, Docebo and WorkRamp.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| degreed.com | 2012 | Pleasanton, United States | $367.07M | 392 | Cloud-based LMS platform tracks skills across industries. | |
| docebo.com | 2005 | Athens, United States | $6.32M | 900 | Cloud-based learning management system for corporate employee training is provided. | |
| workramp.com | 2015 | San Francisco, United States | $67.65M | 91 | Enterprise learning management systems are provided for training programs. |
Detailed competitors of Authess
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Authess (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Authess
Complete news archive for Authess
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Frequently Asked Questions about Authess
Authess was founded in 2015.
Authess is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Authess is a funded company, having raised a total of $2.89M across 5 funding rounds to date. The company's 1st funding round was a Seed of $18K, raised on Feb 2015.
Authess was founded in 2015 and is located in Boston, United States. Operations are focused on the education technology sector, where mobile and online assessments are delivered to students. Problem-solving paths of learners are tracked, and gaps in skills and understanding are identified through the platform. Job-related principles, knowledge, and skills are incorporated into assessments to measure learners existing capabilities.
Authess has 4 investors. Key investors include Manipal Global, Elsevier, LearnLaunch, and EduLab.
Yes. Authess was acquired by Elsevier in March 2020.