MetaMetrics, Inc.

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MetaMetrics, Inc. - overview

Established

1984

Location

Durham, NC, US

Primary Industry

Software

About

Based in the US, MetaMetrics, Inc. operates as a provider of advanced measurement and assessment tools designed to enhance educational outcomes through data-driven insights and adaptive learning technologies. MetaMetrics, Inc. specializes in developing innovative assessment tools for the educational sector.


Founded in 1984 and headquartered in Durham, US, the company has undergone strategic changes to enhance its offerings. Malbert Smith is both the founder and CEO, and under his leadership, MetaMetrics has secured two significant deals, the most recent being in July 2019 when Apax Partners agreed to acquire the company. Financial terms were undisclosed, with the transaction expected to close in September 2019. MetaMetrics Inc.


specializes in developing advanced measurement and assessment tools catering primarily to the educational sector. Their flagship product suite includes adaptive learning technologies that enhance literacy and numeracy skills among students from early childhood through secondary education. These products utilize sophisticated algorithms and data analytics to tailor educational experiences to individual learning needs, optimizing outcomes. The company serves a diverse clientele, including schools, educational institutions, and districts, particularly in North America and select international markets, equipping educators with insights necessary to track student progress effectively.


MetaMetrics Inc. generates revenue primarily through a subscription-based model, allowing educational institutions to access their suite of assessment tools and resources. Clients typically engage in multi-year contracts that provide ongoing access to updates and enhancements to the technology. The pricing model is tiered based on the scale of implementation and specific client needs, accommodating both small schools and larger educational districts.


This focus on B2B transactions positions MetaMetrics as a partner for educational institutions seeking to improve learning outcomes through data-driven insights. MetaMetrics is focused on expanding its product offerings and geographic reach. The company plans to launch new adaptive learning tools designed to address emerging educational challenges, with anticipated releases in the coming years. Additionally, MetaMetrics aims to penetrate new markets in Europe and Asia by 2025.


The funding received from the recent acquisition by Apax Partners will be utilized to support these development initiatives and facilitate market expansion, bolstering the company’s capacity to serve a broader clientele.


Current Investors

Apax Partners

Primary Industry

Software

Sub Industries

Education/Training, Education & Training Software, Analytics & Performance Software

Website

www.metametricsinc.com

Verticals

Artificial Intelligence, Cloud Computing, EdTech

Company Stage

Mature

Total Amount Raised

Subscriber access only

MetaMetrics, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedMetaMetrics, Inc.-
RecapitalisationCompletedMetaMetrics, Inc.-

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MetaMetrics, Inc. - employee data

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