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Top 8 Assessment Software Companies With $10M–$100M Revenue (August 2026)

As of August 2026, Latka tracks 8 assessment software companies with $10M–$100M in annual revenue. They have combined revenues of $265.9M and employ 1.8K people. They have raised $207.8M and serve 19M 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
8
Revenue
$265.9M
Funding
$207.8M
Employees
1.8K

Filters

Sorting: Highest -> Lowest

Filters

Top Assessment Software Companies With $10M–$100M Revenue

Showing 8 of 8 companies ranked by annual revenue.

1Wayground logo
Wayground

Santa Monica, California, United States

Quizizz is a teaching platform that lets you deliver instruction that's relevant for every student with a boost from AI. With Quizizz, educators can plan engaging yet rigorous quizzes, lessons, or activities for any grade level or subject in minutes. With over 50 million users across 150 countries, our global platform has been empowering educators to motivate and engage learners around the globe since its inception. We started by building features to gamify learning and make different assessments engaging and fun. Today, educators can plan their content in seconds, not weekends, with Quizizz AI and our vast library of over 400 million questions while having the flexibility to accommodate every student's needs with read-aloud, audio responses, translation, and leveled text. Keeping our core of motivating every learner, we offer multiple gamified-for-growth elements such as Power-ups, Team Mode, Leadership Boards, etc. Our platform is secure, with multiple platform integrations, SSO, and relevant offerings available for schools and districts. We make it possible. Teachers make it personal. Join our mission at www.quizizz.com and use your ideas to shape the future of learning.

Revenue
$47.5M
Year founded
2015
Funding
$34.5M
Team size
430
2Panorama Education logo
Panorama Education

Boston, Massachusetts, United States

K-12 education data analytics platform

Revenue
$45.9M
Customers
13M
Year founded
2012
Funding
$92.7M
Team size
365
3MagicSchool AI logo
MagicSchool AI

Denver, Colorado, United States

MagicSchool AI is a platform that takes the power of AI and puts it into educators' and students' hands to help them use it productively and responsibly in their respective work. It is designed to assist educators in various tasks such as lesson planning and assessment with support for over 5 million users.

Revenue
$44.9M
Year founded
2023
Team size
193
4Learnosity logo
Learnosity

Dublin, Ireland

Learnosity provides the technology framework for authoring, assessment delivery, and reporting for the world's best assessment solutions.

Revenue
$42M
Year founded
2007
Funding
$52.4M
Team size
226
5Multi-Health Systems logo
Multi-Health Systems

Toronto, Ontario, Canada

Multi-Health Systems is an operator of a psychological test publishing company intended to publish scientifically validated assessments on individual psychology and behavioral science. The company's platform publishes a range of assessment reports that focus on behavioral analysis, emotional intelligence, talent assessment, cognitive understanding, creative skills and psychological capability assessment that are monitored and validated using cloud-based assessment software, enabling businesses, educational institutes, public safety and government organizations to make informed hiring decisions, develop staff, hire competitive employees and improve organization and team dynamics through real-time monitoring of employee's mental health. It was founded in 1983 and is headquartered in North Tonawanda, New York. The company seeks to strengthen and expand the company's core business through acquisitions.

Revenue
$41.6M
Year founded
1983
Team size
323
6Inspera logo
Inspera

Oslo, Oslo, Norway

Get your institution moving faster, more efficiently and improve student experience with an end-to-end digital assessment ecosystem that integrates with your learning management system. Since 1999 (yes, Inspera is old enough to hire a car now!), Inspera has worked to transform education and provide equal and accessible assessment to every learner, from K-12 through to higher education and beyond. Products: Inspera Assessment: Author, deliver, monitor and grade Inspera Originality: Check for similarity and AI-generated content Inspera Proctoring: AI-assisted live and recorded proctoring We work with some of the most prolific universities in the world, as well as governments, awarding bodies and schools to provide flexible and secure assessment and help maintain integrity. We believe in working with students to teach where the line in academic misconduct is drawn, including plagiarism, AI misuse and assessment by proxy. We’re known around the globe for reliability, even when used at scale with thousands of simultaneous assessments. Allowing you to deliver assessments as you need, without compromise.

Revenue
$16.5M
Year founded
1999
Team size
150
7BenchPrep logo
BenchPrep

Chicago, Illinois, United States

online learning platform for test preparation

Revenue
$15M
Customers
6M
Year founded
2010
Funding
$28.2M
Team size
67
8Rosalyn.ai logo
Rosalyn.ai

Palo Alto, California, United States

Want to grow your certification business by 10x, 100x? Rosalyn is the platform you need. AI-enabled proctoring, assessment and certification.

Revenue
$12.5M
Year founded
2017
Team size
33

Frequently asked questions about Assessment Software Companies With $10M–$100M Revenue

How many assessment software companies with $10M–$100M in annual revenue are there?

Latka tracks 8 assessment software companies with $10M–$100M in annual revenue. Together they generate $265.9M in annual revenue and employ 1.8K people.

Which assessment software company with $10M–$100M in annual revenue is the largest?

Wayground is the largest, with $47.5M in annual revenue, founded in 2015.

How much revenue does a typical assessment software company with $10M–$100M in annual revenue make?

The average assessment software company in this list makes $33.2M a year, across 8 companies with reported revenue. They serve 19M customers combined.

Who are the leading Assessment software vendors with $10M–$100M in annual revenue?

Ranked by annual revenue, the leaders are Wayground, Panorama Education, MagicSchool AI, Learnosity and Multi-Health Systems.

How much funding have assessment software companies with $10M–$100M in annual revenue raised?

The 8 assessment software companies with $10M–$100M in annual revenue tracked here have raised $207.8M 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