About Prometric
Prometric is a company based in Baltimore (United States) founded in 1990 was acquired by EQT in December 2017.. The company has 241 employees as of March 31, 2024. Prometric has completed 5 acquisitions, including DL Roope Administrations, EdPower and FineTune. Prometric operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, Civitas Learning and LEAD School, among others.
- Headquarter Baltimore, United States
- Employees 241 as on 31 Mar, 2024
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Sectors
Education
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Phone
*********
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Website
*********
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Social
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- Legal Name Prometric Testing Private Limited
- Date of Incorporation 06 Aug, 1997
- Jurisdiction Dlf City Gurgaon, Haryana, India
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Annual Revenue
$5.72 M (USD)13.2as on Mar 31, 2023
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Net Profit
$752.64 K (USD)97.2as on Mar 31, 2023
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EBITDA
$868.45 K (USD)15.59as on Mar 31, 2023
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Latest Funding Round
$1.17 M (USD), Grant
Dec 02, 2019
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Investors
Thomson Reuters
& 5 more
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Employee Count
241
as on Mar 31, 2024
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Investments & Acquisitions
DL Roope Administrations
& 4 more
- Acquired by
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Leadership Team
22 people
Software Development Team
21 people
Sales and Marketing
18 people
Senior Team
12 people
Finance and Accounting
12 people
Human Resources and Administration
10 people
Legal and Compliance
4 people
Operations Team
4 people
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Funding Insights of Prometric
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $1.2M
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First Round
First Round
(12 Apr 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Grant - Prometric | Valuation |
investors |
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| Nov, 2019 | Amount | Grant - Prometric | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Prometric | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prometric
Prometric has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Thomson Reuters, ETS and EQT. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage centric life sciences and tech focused micro-VC firm investing in geographies such as the US, Asia and Europe
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Founded Year | Domain | Location | |
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EQT is recognized as a global investment organization focused on value creation.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prometric
Prometric has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include DL Roope Administrations, EdPower and FineTune. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online resources for K-12 and higher education students are provided.
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2012 | ||||
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Cloud-based platform for education administration and assessment is provided.
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2011 | ||||
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Recruitment services for the education sector are provided.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Prometric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prometric Comparisons
Competitors of Prometric
Prometric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PowerSchool, Anthology, GoGuardian, Civitas Learning and LEAD School, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
Predictive analytics platform for personalised education advice
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| domain | founded_year | HQ Location |
Integrated edtech systems are provided for K-12 schools.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prometric
Frequently Asked Questions about Prometric
When was Prometric founded?
Prometric was founded in 1990 and raised its 1st funding round 22 years after it was founded.
Where is Prometric located?
Prometric is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Who is the current CEO of Prometric?
Michael Brannick is the current CEO of Prometric.
How many employees does Prometric have?
As of Mar 31, 2024, the latest employee count at Prometric is 241.
What is the annual revenue of Prometric?
Annual revenue of Prometric is $5.72M as on Mar 31, 2023.
What does Prometric do?
Founded in 1990 and headquartered in Baltimore, United States, Prometric operates as a subsidiary of ETS in the assessment sector. Test development and delivery services are extended to over 450 organizations worldwide, with more than 9 million exams administered annually. Proctored testing environments are maintained for fairness, alongside digital proctoring via webcams for online courses and MOOCs. Practice tests have been made available to users since July 2016.
Who are the top competitors of Prometric?
Prometric's top competitors include PowerSchool, LEAD School and GoGuardian.
How many acquisitions has Prometric made?
Prometric has made 5 acquisitions, including DL Roope Administrations, EdPower, and FineTune.
Who are Prometric's investors?
Prometric has 6 investors. Key investors include Thomson Reuters, ETS, EQT, TD Securities, and European Union.