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Top 15 Assessment Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 15 assessment software companies with $1M–$5M in annual revenue. They have combined revenues of $36.7M and employ 323 people. They have raised $10.9M and serve 3.9M customers combined.

Every company below sells assessment software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Assessment Software Companies do

Assessment software encompasses digital tools designed to create, administer, and analyze various types of assessments for educational, talent management, and professional development purposes. These platforms are utilized across different sectors, helping organizations evaluate candidate skills, student learning outcomes, or employee competencies efficiently. Primary use cases include recruitment processes, educational testing, and performance evaluations. Typical features of assessment software include customizable assessment creation, automated scoring, data analytics, and reporting capabilities. Users work through the process by designing assessments, distributing them to participants, collecting responses, and generating insightful reports on the outcomes. Common buyer personas for this type of software include HR professionals, educational institutions, and training organizations, all aiming to enhance their evaluation practices and decision-making processes.

Companies
15
Revenue
$36.7M
Funding
$10.9M
Employees
323

Filters

Sorting: Highest -> Lowest

Filters

Top Assessment Software Companies With $1M–$5M Revenue

Showing 10 of 15 companies ranked by annual revenue.

1TK20 logo
TK20

Austin, Texas, United States

Provider of comprehensive outcomes assessment systems intended to improve student learning and institutional quality. The company's comprehensive outcomes assessment systems offers collages and universities administrators with systems and tools to measure and assess a range of metrics including user friendly student assessment and learning, e-portfolio systems and other learning support program services.

Revenue
$3.5M
Customers
3.9M
Year founded
2003
Funding
$1M
Team size
58
2Pointerpro logo
Pointerpro

Antwerp, Belgium

Pointerpro is a software platform to create your own online assessments with auto-generated personalized reports. It helps you turn your expertise into a tool that delivers personalized advice at scale.

Revenue
$3.4M
Year founded
2012
Funding
$1M
Team size
29
3Think Exam logo
Think Exam

Noida, Uttar Pradesh, United States

Think exam enables educators, publishers & trainers to conduct any types exam that include online exam, offline exam & paper-pencil exam.With Think Exam, you can create your online question bank, make online tests, bundle up all your tests to create a package & then allow student to buy access. Think Exam leverage you a structured step-by-step process for conducting online, offline & paper-pencil based examination

Revenue
$3.2M
Customers
3.5K
Year founded
2005
Team size
3
4Edsby logo
Edsby

Andover, Massachusetts, United States

Provider of a learning management system designed to develop educational software. The company's system offers assessment, reporting, collaboration, attendance, report cards, other student achievement data, and parent-teacher communication capability, enabling clients to get a completely new engagement and data platform based on latest technology.

Revenue
$3.1M
Customers
36.5K
Year founded
2010
Team size
40
5HeyHi logo
HeyHi

United States

HeyHi is a unique AI-enabled assessment and personalised learning system that empowers educators to teach and personalise education efficiently and seamlessly in a highly collaborative learning environment. With teaching versatility for both ‘live’ and self-paced instructions in a flexible learning environment – online, on-site and hybrid, we magnify learners’ opportunities and enhance their borderless learning journey.

Revenue
$3.1M
Year founded
2021
Team size
28
6Enflux logo
Enflux

San Antonio, Texas, United States

Every program faces the same reality: a massive amount of data that needs to be accessible and actionable. Enflux does just that! We automate the flow of assessment data leading to increased consistency, communication, collaboration, and transparency. Enflux integrates and analyzes your data from admissions, surveys, licensing exams, testing software, and your Curriculum Map to provide an accessible view of overall program performance down to the individual student level. We display data on secure, intuitive online dashboards to empower effortless programmatic assessment and accreditation compliance. The Enflux solution covers all of your accreditation data sources with dashboards that reflect public, university, and student-level data. The Enflux solution leverages all of your Curriculum Map data with dashboards on Curriculum Effectiveness, Curriculum Gap Analysis, Categories per Item, Student Performance, Assessment Effectiveness, and Academic Advising. Contact: [email protected]

Revenue
$3M
Year founded
2015
Funding
$3.7M
Team size
24
7evaluados logo
evaluados

Cordoba, Cordoba, Argentina

SaaS que brinda métricas en tiempo real para docentes e instituciones para la toma de decisiones.

Revenue
$2.9M
Year founded
2016
Funding
$100K
Team size
13
8Synap logo
Synap

Leeds, England, United Kingdom

Education software, Synap is fully fledged LMS and question training platform which specialises in online exam creation, management and delivery. Letting companies deliver high stakes assessments exactly how they want it. Synap's analytics system shows users practicing for exams their strong & weak areas and recommends them customised practice quizzes.

Revenue
$2.7M
Customers
500
Year founded
2014
Funding
$400K
Team size
18
9Dugga Digital Assessment logo
Dugga Digital Assessment

United States

Digital assessment platform developed by pedagogical experts with automatic correction, measurable results and full integration with your school’s learning platform. Dugga is an easy-to-use, flexible and secure digital system for all types of tests, exams, assignments, homework tests and national exams. Dugga is platform independent and supports Windows, OSX, Chromebook and iPad. The system allows teachers to spend more quality time with their students and improve learning outcomes.

Revenue
$2.5M
Team size
23
10KEATH.ai logo
KEATH.ai

Guildford, United Kingdom, United Kingdom

Empowering institutions with educational assessment AI . Seeking partnerships and research collaborations now.

Revenue
$1.9M
Year founded
2018
Team size
17

Frequently asked questions about Assessment Software Companies With $1M–$5M Revenue

How many assessment software companies with $1M–$5M in annual revenue are there?

Latka tracks 15 assessment software companies with $1M–$5M in annual revenue. Together they generate $36.7M in annual revenue and employ 323 people.

Which assessment software company with $1M–$5M in annual revenue is the largest?

TK20 is the largest, with $3.5M in annual revenue, founded in 2003.

How much revenue does a typical assessment software company with $1M–$5M in annual revenue make?

The average assessment software company in this list makes $2.4M a year, across 15 companies with reported revenue. They serve 3.9M customers combined.

Who are the leading Assessment software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are TK20, Pointerpro, Think Exam, Edsby and HeyHi.

How much funding have assessment software companies with $1M–$5M in annual revenue raised?

The 15 assessment software companies with $1M–$5M in annual revenue tracked here have raised $10.9M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- Must provide tools for creating and distributing various types of assessments - Should include automated scoring and feedback mechanisms - Must offer analytics and reporting features for assessment outcomes - Needs to support user management for tracking participant progress - Should allow customization of assessment content and structure - Focused on evaluations for recruitment, education, or employee development - Not limited to basic quiz functions; must also facilitate comprehensive assessments