Certiverse, a certification platform, has raised $11 million in a Series A funding round led by Cherryrock Capital, the company announced this week. Founded in 2019 by Ruben Garcia, Tyler Meadlin, Pablo Meyer, and Federico Lopez, Certiverse aims to streamline and reduce the cost of developing certification exams.
The platform claims it can significantly cut the typical expense of creating exams, allowing clients to produce exams for under $10,000 each—far less than the $150,000 that traditional methods often require. Certiverse’s innovative approach enables organizations to launch multiple exams quickly and cost-effectively, with some clients producing up to 10 exams in a single year.
The company works with a variety of organizations, including The Linux Foundation and HashiCorp, to help professionals gain technical skills and certification credentials. CEO Ruben Garcia, a veteran in the certification industry, previously co-founded and sold Innovative Exams, a testing services company.
Garcia describes becoming certified as a “life-changing event” for professionals and emphasizes Certiverse’s client-aligned business model, which generates revenue as exams are launched and taken.
Certiverse’s Series A fundraising process was swift and focused, with Garcia pitching to around 50 firms in just 45 days. Additional investors in the round included Chingona Ventures, Hyde Park Venture Partners, and Zeal Capital Partners, bringing the company’s total funding to over $16 million.
The new capital will be used to enhance Certiverse’s automation capabilities, making exam creation even more accessible. Garcia aims to scale the platform to onboard 1,000 new clients and partners.
With its mission to democratize certification exam development, Certiverse is poised to disrupt the legacy testing landscape dominated by providers like Pearson VUE and Prometric.