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Certification Platform Certiverse Raises $11M in Series A Funding

Prime Highlights:

  • Certiverse raises $11 million in Series A, headed by Cherryrock Capital.
  • The platform allows organizations to design certification exams more effectively and inexpensively.

Key Facts:

  • Founded in 2023 by Ruben Garcia, Pablo Meyer, and Federico Lopez, Certiverse is a cost-effective method of designing certification exams.
  • The new funding will accelerate automation on the platform, with the goal of supporting 1,000 new clients and partners to onboard.

Key Background:

Certiverse, founded in 2023 by Ruben Garcia, Pablo Meyer, and Federico Lopez, is a certification technology game-changer. The company solves common limiting factors of certification exam development, including cost and time to build. Before that, building a certification exam would take $150,000 to a year using traditional providers like Pearson VUE and Prometric. For comparison, Certiverse enables the creation of exams in weeks and at a fraction of the cost. Customers have created as many as ten exams in a year on the Certiverse platform for less than $10,000 per exam.

The platform has obtained a diverse list of customers, among them prominent customers The Linux Foundation and HashiCorp. These partnerships show the adaptability and diverseness of Certiverse in responding to a range of certification requirements across industries. CEO Ruben Garcia has substantial experience in the company’s interest, having earlier established and sold, his former company, Innovative Exams, a test-services company that conducted exams. His exposure to handling the certification business has served to nurture Certiverse’s innovative strategy.

It needed a whirlwind January 2025 fundraise by Certiverse, which met with nearly 50 companies in 45 days. The campaign ended with an $11 million Series A round led by Cherryrock Capital and joined by Chingona Ventures’ early investors, Hyde Park Venture Partners, and Zeal Capital Partners. This new funding brings its total to more than $16 million raised to date for Certiverse.

The funds raised in the new capital will be used to automate further on the platform, make creating exams easier, and scale operations to enable the addition of 1,000 new customers and partners. The strategic capital is intended to democratize access to certification programs so that professionals can acquire technical skills and competence in their area of specialization more effectively.

Certiverse’s creative approach puts organizational interests on the same side as customer interests and gets the bulk of its fees after certification tests have commenced and professionals have written them. This not only decreases front-end expenses to organizations, but also brings mutual interest to ensure that the certification program is successful.

Through breaking through this funding threshold, Certiverse will be able to upset the certification industry by providing an affordable, streamlined, and efficient platform for the creation of certification tests.