Certification platform Certey Raised a $ 11 million series A under the leadership of the Cherryrock Capital, it announced this week.
The company was founded by Ruben Garcia, Pablo Meyer, and Federico Lopez in 2023. It allows organizations to develop certification tests, says its founders, cost less than traditional methods.
Certifications are a procedure of age to gain technical skills to boost job prospects, as well as get mastery on a particular topic.
The company said it works with a range of companies, from technology that the Linux Foundation is non -trade to the Hashicorp software company.
CEO Garcia is not new to the certification industry. He was previously established (and sold) innovative tests, a service test company that also provided test delivery services.
Certified can “change the life of events for leaders and professionals,” he said, but added that it could cost a company of nearly $ 150,000 to generate certification programs and tests.
“Our clients have developed up to 10 a year on our platform of less than $ 10,000 per test,” he continued.
He added that it usually takes almost a year to create a test using legacy providers (such as Pearson, Vue, and Prometric).
“Our business model aligns with the interests of our clients and we generate most of the income once they launch their tests and professionals take them,” Garcia continued.
He used the word “committed” to describe his fundraising efforts. Certiverse began the fundraising in early January, stabbing nearly 50 companies over 45 days.
“I stayed focused on the outcome,” Garcia said. “Find the right investor, fast, who believe in vision and help us to scale from it.”
He met the Cherryrock team through one of his existing investors. Chingona ventures, Hyde Park Venture Partners, and Zeal Capital Partners also participated in the twist. Certiverse has raised a little to $ 16 million in total to the present, the company told us.
Garcia said fresh capital will be used to add more automation to the platform, making it easier for anyone to create tests.
“Our goal is to focus on the scale and build a platform to launch 1,000 new clients and Certiverse partners,” he said.
