About Testive
Testive is a company based in Boston (United States) founded in 2011.. Testive has raised $4.31 million across 5 funding rounds from investors including Cofounders Capital, Duke Angel Network and Triangle Angel Partners. Testive offers products and services including Private Tutoring, SAT Prep Classes, College Advising, and Homework Help. Testive operates in a competitive market with competitors including Vedantu, 7 Classes, AhaGuru, Sankalp Bharat and CollegePass, among others.
- Headquarter Boston, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.31 M (USD)
in 5 rounds
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Latest Funding Round
$1.15 M (USD), Series A
Aug 13, 2015
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Investors
Cofounders Capital
& 3 more
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Employee Count
Employee Count
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Products & Services of Testive
Testive offers a comprehensive portfolio of products and services, including Private Tutoring, SAT Prep Classes, College Advising, and Homework Help. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
One-on-one sessions for SAT/ACT and subjects to build skills.
Classes focused on SAT strategies and practice tests.
Assistance with college applications and decision-making processes.
Tutoring in various subjects to enhance student performance.
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Funding Insights of Testive
Testive has successfully raised a total of $4.31M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $1.15 million completed in August 2015. 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 Total Funding
- Total Rounds 5
- Last Round Series A — $1.1M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2015 | Amount | Series A - Testive | Valuation |
investors |
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| Jul, 2015 | Amount | Series A - Testive | Valuation |
investors |
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| Jan, 2015 | Amount | Seed - Testive | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Testive
Testive has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Cofounders Capital, Duke Angel Network and Triangle Angel Partners. 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 technology startups are supported through venture capital investments.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Testive
| 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 |
Financial Statements - Testive
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Testive Comparisons
Competitors of Testive
Testive 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 Vedantu, 7 Classes, AhaGuru, Sankalp Bharat and CollegePass, 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 |
Live interactive K-12 tutoring platform is provided online.
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Platform offering solutions for preparing for competitive exams
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| domain | founded_year | HQ Location |
Online courses for engineering and medical entrance exams are provided.
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| domain | founded_year | HQ Location |
Provides an app-based platform for JEE and NEET exam preparation and learning solutions.
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| domain | founded_year | HQ Location |
Online platform providing video content on career selection and admission counseling
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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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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 Testive
Frequently Asked Questions about Testive
When was Testive founded?
Testive was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Testive located?
Testive is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Testive a funded company?
Testive is a funded company, having raised a total of $4.31M across 5 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jan 24, 2012.
What does Testive do?
Testive was founded in 2011 and is headquartered in Boston, United States. Operations are centered in the education sector, with a focus on standardized test preparation. An online platform is utilized to enhance ACT and SAT scores through adaptive learning algorithms that assess student strengths and weaknesses. Personalized study plans are generated, along with weekly one-on-one video tutoring sessions. A question-and-answer forum is maintained for doubt resolution.
Who are the top competitors of Testive?
What products or services does Testive offer?
Testive offers Private Tutoring, SAT Prep Classes, College Advising, and Homework Help.
Who are Testive's investors?
Testive has 4 investors. Key investors include Cofounders Capital, Duke Angel Network, Triangle Angel Partners, and RTP Capital.
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