International Assessment Network LLC Secures $500,000 Seed Investment from New Enterprise Partners to Accelerate Development & Go-to-Market for its AI Assessment Platform and the World-Famous MAPP® Assessment
Delray Beach, Fl — Jan 7th, 2024 — International Assessment Network, LLC (IAN) today announced that it has secured an initial $500,000 seed investment from New Enterprise Partners (NEP), an angel investment firm and startup accelerator known for go to market & growth strategies, and new technology SaaS development. The funding will accelerate IAN’s go-to-market for its new AI assessment platform, Global Assessment Marketplace and expand global access to the MAPP® (Motivational Appraisal of Personal Potential) assessment.
IAN’s platform provides a modern assessment operating system for individuals, employers, coaches and EDU (High Schools & Colleges/Universities): users can take MAPP, layer in specialized assessments, generate AI-driven insights, and translate those results into clear, step-by-step actions for College planning, career planning, hiring/recruiting and coaching programs.
“This round is about the ai platform,” said Pam Neils, VP of Operations of the new International Assessment Network. “With NEP’s investment and company-building support, we’re taking the world-famous MAPP assessment to a broader audience while giving organizations an AI platform that turns motivational data into better selection, higher retention and faster development.”
New Enterprise Partners helps companies achieve growth with strategy and execution support, spanning startup consulting, angel investing, go-to-market, partnerships and selective board/advisory roles.
“We back founders we can actively help,” said Tom Ferrara of New Enterprise Partners. “IAN pairs a globally recognized assessment with a modern AI platform and a clear commercial plan. That combination is exactly where our firm leans in with capital and hands-on growth guidance.
Why it matters
Use of proceeds
Seed proceeds will accelerate product development, validated hiring and coaching workflows, partner integrations, and initiate a multi-channel go-to-market program across enterprise, SMB and coach/consultant segments.
About International Assessment Network, LLC
International Assessment Network (IAN) builds an AI-powered assessment platform that helps people discover what truly motivates them and helps organizations make better hiring, development and coaching decisions. The platform features the world-famous MAPP® (Motivational Appraisal of Personal Potential) assessment which has been taken by almost 9,000,000 people in over 165 countries alongside a growing marketplace of both premium & free specialty assessments, with tools to translate insights into real-world action.
Media Contact (IAN)
https://www.assessment.com
About New Enterprise Partners
New Enterprise Partners (NEP) specializes in helping companies achieve their growth objectives with strategy and execution, including startup consulting, angel investing, growth strategy and selective board/advisory engagements.
Portfolio highlights span SaaS software and Professional Services serving multiple sectors and business models.
Media Contact (NEP)
https://www.newenterprisepartners.com/
Trademarks: MAPP® and Motivational Appraisal of Personal Potential are trademarks of their respective owners. All other trademarks are the property of their respective holders