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Developer of an open source assessment platform designed to facilitate the creation and delivery of effective and engaging computer-based tests online. The company's platform supports a wide range of question types from simple multiple-choice items to complex problem solving which can be easily deployed on any scale whether within a classroom or across multiple continents, enabling test sponsors to deliver tests across locations and organizations.
Last updated
In 2024, Open Assessment Technologies's revenue reached $7.2M. The company previously reported $5.1M in 2023. Since its launch in 2013, Open Assessment Technologies has shown consistent revenue growth.
Open Assessment Technologies is a bootstrapped SaaS startup. Founded in 2013, Open Assessment Technologies has grown to $7.2M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, Open Assessment Technologies has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Co-founder & CEO at Open Assessment Technologies from the year February 2013 to present.
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We do not have customer count information for Open Assessment Technologies yet.
Open Assessment Technologies employs approximately 79 people as of 2026, up from 65 in 2023, including 2 sales reps that carry a quota.
Open Assessment Technologies generates an estimated $7.2M in annual revenue.
Open Assessment Technologies was founded by Marc Oswald.
The CEO of Open Assessment Technologies is Marc Oswald.
Open Assessment Technologies is bootstrapped and has not raised outside funding.
Open Assessment Technologies has 79 employees.
Open Assessment Technologies is headquartered in Capellen, Luxembourg.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$7.2M(Est.)
Funding
$0
Team
79
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | Open Assessment Technologies Hit $7.2m revenue in October 2024 | Estimated |
| 2023 | Open Assessment Technologies Hit $5.1m revenue in December 2023 | Estimated |
| 2021 | Open Assessment Technologies Hit $5.7m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 79 employees (December 2024) | |
| 2024 | Reached 80 employees (October 2024) | |
| 2023 | Reached 65 employees (December 2023) | |
| 2022 | Reached 66 employees (December 2022) | |
| 2021 | Reached 88 employees (December 2021) | |
| 2021 | Reached 84 employees (April 2021) |
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