Bisk Ventures Announces Investment in Authess
September 25, 2016
Tampa, FL – September 25, 2016 –Bisk Ventures, Inc. is pleased to announce that it has completed an investment in and partnership with Authess, a MIT-originated startup that uniquely leverages machine learning and big data analytics to offer insight into knowledge, skill, abilities, cognitive engagement and performance.
The Authess platform enables educators and companies to assess the skills and competencies that employers value most, but are difficult to measure with conventional assessments and hiring methods. Authess helps learners understand the types of skills that can help them thrive in their careers and gives educators and employers insight into how someone thinks and performs while solving a real-world problems.
“We are excited to partner with the talented team at Authess to continue building upon their success credibly assessing competency-based learning and workplace readiness,” said George Straschnov, Managing Director of Bisk Ventures. “Innovating and making meaningful contributions to assessments will strengthen learning efficacy and give employers the tools they need to measure the skills needed to thrive in today’s economy.”
“We want to bring the real world to learners at different levels,” said co-founder and CEO Paul Crockett. “We are thrilled to partner with Bisk Ventures. With their experience in the edtech industry and the greater access to resources we’ll have as a result of this investment, we will continue to innovate and make meaningful contributions to education using advanced technologies and deep learning on both a human and a technological level.”
To learn more about Authess, visit www.authess.com.
About Authess
Authess, an MIT-originated startup, uniquely leverages technology to measure an individual’s ability to solve complex, real-world problems. The Authess platform supports authoring, delivery, analysis, and reporting of authentic, performance-based assessment. Our proprietary machine learning models and data analytics observe the user (learner, candidate, employee) as they work through a task, capturing not just their answers, but their behavior, process and problem-solving approach. Authess performance reports offer insight into the knowledge, skills and abilities proven more credible predictors of an individual’s competence and future performance than conventional assessments and hiring models.
About Bisk Ventures
Bisk Ventures is an early stage venture capital firm focused on accelerating growth for EdTech startups. We invest in best of breed, innovative technology solutions, products and services across the value chain of digital learning. Founded in 2015 by Mike Bisk, Bisk Ventures has invested in more than 20 companies that are engaged in the transformation of educational engagement, access and effectiveness in the higher education and corporate learning space. Our mission is to improve lives through innovations in education. To learn more, visit www.biskventures.com.
Media Contact
George Straschnov
Managing Director
813-462-2560
media@biskventures.com