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Top 11 Assessment Software Companies Under $1M Revenue (August 2026)

As of August 2026, Latka tracks 11 assessment software companies under $1M in annual revenue. They have combined revenues of $4.3M and employ 36 people. They serve 1K 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
11
Revenue
$4.3M
Funding
-
Employees
36

Filters

Sorting: Highest -> Lowest

Filters

Top Assessment Software Companies Under $1M Revenue

Showing 10 of 11 companies ranked by annual revenue.

1Forefront Education logo
Forefront Education

Lafayette, Colorado, United States

Driven by the premise that the most valuable insights into student learning are already in your classrooms, Forefront helps educators leverage meaningful data to fuel instruction, PLCs, and grading efforts.

Revenue
$990K
Year founded
2009
Team size
9
2Gradingly logo
Gradingly

United States

Gradingly's mission is to elevate education with AI. Our AI-powered grading tools are designed for English Language providers. Developed by academic experts and machine learning professionals, our suite of AI writing metrics are aligned with global standards to ensure accurate and reliable results. Via a simple-to-use API, English learning and assessment organisations can easily integrate AI grading to bring more value to their users and save costs.

Revenue
$660K
Year founded
2020
Team size
6
3Socrato logo
Socrato

North Andover, Massachusetts, United States

Socrato is a web-based test processing and assessment platform. We want to help you prepare for tests more efficiently to save your time. Socrato also supports batch processing for groups, batches and Franchise center. Tutors/Teachers can focus more on teaching and all scoring and analysis of students performance can be done in Socrato. Socrato also provides different types of group reports which are useful for the schools. Socrato.com helps improve student achievement by integrating: * practice & assessment, * standards-based content, and * group & individual learning analytics in one easy-to-use website. It’s built for teachers, tutors, students, and those who support them.

Revenue
$660K
Year founded
2007
Team size
6
4Dystech logo
Dystech

North Melbourne, Victoria, Australia

Up to 20% of students are having difficulty with reading. Even if your student is doing well in all other subjects, if they are struggling with reading, their academic future is at risk. Dystech was created to help educators identify and address reading difficulties as early as possible. Our online reading assessment tool can be used to automate the creation of reading reports for each student, making it easy to track their progress and intervene when necessary.

Revenue
$440K
Year founded
2017
Team size
4
5StandOut CV LTD logo
StandOut CV LTD

London, England, United Kingdom

StandOut CV Ltd is a UK-based online CV builder and careers content platform founded by Andrew Fennell in 2015. The business operates at standout-cv.com and generates revenue through a monthly subscription model anchored by a low-cost paid trial, having accumulated over one million pounds in total gross revenue since launching its app in 2021. Fennell built the business almost entirely through organic SEO, growing the site to 18 million lifetime visitors and 50 million total impressions. The platform carries an Ahrefs domain rating of 73 and at its peak delivered approximately 300,000 monthly organic visitors. As of late 2025 the site generates roughly 110,000 monthly organic visitors and approximately 30,000 pounds in monthly recurring revenue. Fennell is actively seeking a buyer for StandOut CV in the six-to-twelve-month window following the interview, targeting a sale price in the 600,000 to 700,000 pound range, while he pursues a new SaaS SEO agency called Linkwest. The business is bootstrapped with no outside funding disclosed.

Revenue
$360K
Customers
1K
Year founded
2015
Team size
1
6FlexiQuiz logo
FlexiQuiz

Melbourne, Victoria, Australia

FlexiQuiz is an intuitive, user-friendly test and quiz maker platform. We offer a wide range of flexible features to enable our customers to create almost any type of quiz that’s personalised to their needs. Our key features include: Customisable question templates such as MCQ, fill the blanks, essay, and file upload. The ability to work in teams by creating Trainer or Administrator accounts with role-based permissions, Automations to eliminate manual work and Dashboards for valuable insights into respondents' performance. Founded in 2015, our software is used globally by thousand's of SMEs, large corporations, individuals, schools, and universities. With the flexibility our tools provide, our customers use us for a wide range of testing activity such as in: Recruitment assessments Knowledge tests Exams Certified tests Corporate training and compliance Events such as online pub quizzes

Revenue
$330K
Year founded
2015
Team size
3
7OWL Testing Software logo
OWL Testing Software

Pittsburgh, Pennsylvania, United States

OWL Testing Software is a premier provider of affordable Web-based testing and assessment systems for academia, government, and business users. OWL's intuitive test authoring and exam management solutions are easily adaptable for measuring and evaluating virtually any subject matter in education or the workplace.

Revenue
$330K
Year founded
1999
Team size
3
8E-Review logo
E-Review

Vancouver, BC, Canada

Transform the way you run university practicums. E-Review is the simplest way to write, send, track, and manage feedback reports while students are in the field. Benefits • Save money and the environment by going digital • Writing and sending reports is easy • Monitor feedback for your students • Save time on administrative tasks Features • The convenience of the cloud • Report templates to suit your program • Customizable interface • Secure & Reliable • Your data, your choice • Made for education Ready to transform the way you run practicums? Get a no-obligations demo: [email protected]

Revenue
$220K
Year founded
2014
Team size
2
9AI EdWiBo logo
AI EdWiBo

Neo Psychiko, Greece

writing, grading, assessement, cefr, english, FCE, CAE, Advanced, Proficiency, reasonings, cambridge

Revenue
$220K
Team size
2
10Casey Helman Consulting logo
Casey Helman Consulting

Victoria, Australia

Casey Helman Consulting provides support to Schools, Private RTO’s and TAFE by striking a balance between compliance, innovation and usability in education design. Casey Helman Consulting specialises in custom curriculum writing, embedding industry consultation and assessment validation into the process. Casey Helman Consulting also provide an extensive Assessment Validation service where organisations can choose between having Max Charlie attend their internal validation process or get Casey to conduct a completely external review and provide a comprehensive report. Casey Helman Consulting can also give compliance administration support to organisations. www.caseyhelman.com.au

Revenue
$50K
Year founded
2014

Frequently asked questions about Assessment Software Companies Under $1M Revenue

How many assessment software companies under $1M in annual revenue are there?

Latka tracks 11 assessment software companies under $1M in annual revenue. Together they generate $4.3M in annual revenue and employ 36 people.

Which assessment software company under $1M in annual revenue is the largest?

Forefront Education is the largest, with $990K in annual revenue, founded in 2009.

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

The average assessment software company in this list makes $387.3K a year, across 11 companies with reported revenue. They serve 1K customers combined.

Who are the leading Assessment software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are Forefront Education, Gradingly, Socrato, Dystech and StandOut CV LTD.

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