Boston Techstars Grad: Testive Raises $500,000 Seed

Testive,Techstars, Boston startup, startup news, funding newsA recent Boston Techstars startup graduate, Testive, has just announced a $500,000 seed round led by influential local investors.

Testive operates on the premise that SAT prep books suck and SAT prep classes are too expensive. Miro Kazzakoff, the startup’s founder says not only can Testive predict a high school students SAT score but also their method is more efficient.

“Somewhere between cheap, boring prep books and expensive classes is an opportunity to deliver online test prep that doesn’t suck,”  Kazakoff told the Boston Business Journal “Testive is building the tools that help students learn more efficiently and more enjoyably.”

Immediately following the Techstars Boston session the company moved into Dog Patch Labs an incubator/co-working space founded by Polaris Venture Partners and also in the same Microsoft building that houses the Boston Techstars program.  Several other high growth potential startups occupy the space and work in a collaborative environment.

Local angels; Jean Hammond (A Zipcar investor), Eileen Rudden (co-founder of LeanLaunch), Dharmesh Shah (co-founder of Hubspot) and Bill Warner (founder of Avid/ProTools), all participated in the round.

Kazakoff reports that over 10,000 students already use their SAT Habit software. Their software is based on Turbo Test, originally developed at MIT. The investment will go to continued development of the software. They plan on adding features to add in the preparation of the “writing” part of the SAT.

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