TrueAbility Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 11

Employees

  • Latest Deal Type
  • M&A

TrueAbility General Information

Description

Developer of a performance-based assessment platform designed to offer IT training and certification. The company's platform puts end-users in a real, computer-based environment to demonstrate hands-on skills, enabling companies to develop and execute remotely proctored, automated exams that require candidates to prove their technical skills in a real-world environment.

Contact Information

Website
www.trueability.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1150 North Loop 1604 West
  • Suite 108-244
  • San Antonio, TX 78248
  • United States
+1 (877)
Primary Industry
Business/Productivity Software
Other Industries
Education and Training Services (B2B)
Human Capital Services
Parent Company
Aluminum (San Antonio)
Vertical(s)
HR Tech, SaaS, EdTech
Corporate Office
  • 1150 North Loop 1604 West
  • Suite 108-244
  • San Antonio, TX 78248
  • United States
+1 (877)

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TrueAbility Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 20-Jul-2023 Completed Generating Revenue
6. Secondary Transaction - Private 01-Mar-2021 Completed Generating Revenue
5. Debt - PPP 14-Apr-2020 Completed Generating Revenue
4. Early Stage VC 02-Mar-2015 Completed Generating Revenue
3. Accelerator/Incubator 18-Apr-2014 Completed Generating Revenue
2. Early Stage VC (Series A) 29-Jul-2013 $3.29M $4.04M Completed Generating Revenue
1. Seed Round 14-Jan-2013 $750K $750K Completed Generating Revenue
To view TrueAbility’s complete valuation and funding history, request access »

TrueAbility Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A
To view TrueAbility’s complete cap table history, request access »

TrueAbility Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a performance-based assessment platform designed to offer IT training and certification. The company's plat
Business/Productivity Software
San Antonio, TX
11 As of 2022

New York, NY
 
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TrueAbility Competitors (1)

One of TrueAbility’s competitors is Questionmark Computing, a Private Equity-Backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Questionmark Computing Private Equity-Backed New York, NY
You’re viewing 1 of 1 competitors. Get the full list »

TrueAbility Patents

  • 1

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

TrueAbility Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20140113259-A1 System and method for reliable, adaptive, and objective skills based testing Inactive 23-Oct-2012

TrueAbility Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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TrueAbility Former Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Austin Ventures Venture Capital Minority
Cloud Power Capital Venture Capital Minority
Angel (individual) Minority
Geekdom Fund Venture Capital Minority
Angel (individual) Minority
You’re viewing 5 of 10 investors. Get the full list »

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TrueAbility FAQs

  • When was TrueAbility founded?

    TrueAbility was founded in 2012.

  • Where is TrueAbility headquartered?

    TrueAbility is headquartered in San Antonio, TX.

  • What is the size of TrueAbility?

    TrueAbility has 11 total employees.

  • What industry is TrueAbility in?

    TrueAbility’s primary industry is Business/Productivity Software.

  • Is TrueAbility a private or public company?

    TrueAbility is a Private company.

  • What is TrueAbility’s current revenue?

    The current revenue for TrueAbility is .

  • How much funding has TrueAbility raised over time?

    TrueAbility has raised $4.16M.

  • Who are TrueAbility’s investors?

    Austin Ventures, Cloud Power Capital, , Geekdom Fund, and are 5 of 10 investors who have invested in TrueAbility.

  • Who are TrueAbility’s competitors?

    Questionmark Computing is a competitor of TrueAbility.

  • When was TrueAbility acquired?

    TrueAbility was acquired on 20-Jul-2023.

  • Who acquired TrueAbility?

    TrueAbility was acquired by Aluminum (San Antonio).

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