Authess Inc., a Boston company cofounded by an MIT professor that licenses educational assessment tools, has raised $675,000 in a seed round.
The company makes mobile and online assessment systems that better reflect a person’s abilities, instead of his or her ability to memorize information for a multiple-choice test, according to its website. Paul Crockett, the company’s chief executive and an alumnus of the education giant Pearson, said it would use the funds to keep developing products and to serve early adopters.
Chris Kaiser, a biology professor at MIT, cofounded the company, which completed a stint at the education-technology focused LearnLaunch Accelerator early this year. Sundar Subramaniam, an alumnus of the MIT Sloan School of Management, is another co-founder. The funding came from US investors and Manipal Global Education, an Indian company, Authess said Tuesday.
Updated at 12:50 p.m. with more information.