What Schroeder Measurement Technologies does

Schroeder Measurement Technologies, Inc. (SMT) is a privately held credentialing services firm founded in 1995 by Dr. Lee Schroeder and headquartered in Clearwater, Florida. The company provides end-to-end exam development and administration services to certification organizations, licensing agencies, and professional associations worldwide, serving more than 60 client organizations across healthcare, dentistry, fire protection, fitness, nursing, and other regulated professions. Its service portfolio spans test development, psychometric analysis, test administration, and credentialing management, with emphasis on accreditation compliance under NCCA and ANSI standards.

SMT's core technology is the proprietary Test Development Center (TDC), a web-based item banking and exam development platform, supplemented by DaVinci's Tool Chest, which supports innovative item types including multimedia, drag-and-drop, hotspots, and constructed-response formats. Computer-based testing is delivered through corporate affiliate Iso-Quality Testing, Inc. (IQT) at over 300 sites in North America and internationally, with paper-and-pencil and alternative-site delivery options, and a self-service Client Portal for real-time candidate and score data. The firm also partners with Examination Security Solutions, Inc. (ESS) for security and investigative services.

SMT generates revenue through professional services engagements (fee for service, fee per candidate, or hybrid structures) under multi-year contracts, and through standalone licensing of the TDC platform. GTM is enterprise field sales targeting certification bodies and licensing agencies directly, supported by thought leadership content and industry association relationships (ICE, ASAE, CLEAR). The company is founder-owned with no disclosed outside funding and operates with a staff of 51-100, including senior leadership with 10-30+ years of tenure.

Name

Schroeder Measurement Technologies

Legal name

Schroeder Measurement Technologies, Inc.

Website

https://home.smttest.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

51–100 employees

Short description

Schroeder Measurement Technologies provides end-to-end exam development, psychometric, test administration, and credentialing management services to 60+ certification organizations and licensing agencies, using its proprietary Test Development Center platform and IQT-affiliated testing network.

Ownership category

akta.pro rank

Headquarters

HQ city

Clearwater

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services: SMT offers comprehensive exam development and administration services including consulting, test development, psychometric services, test administration, and credentialing management. Pricing structured on fee for service, fee per candidate, or combination basis depending on client needs.
2. Technology Licensing: The Test Development Center (TDC) is available for licensing independent of contracted services, allowing clients to use SMT's proprietary item banking and development tools.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Schroeder Measurement Technologies (SMT) provides comprehensive exam development and administration services to certification organizations and licensing agencies worldwide. Its offerings span test development, psychometric services, validity assurance (job analysis and passing-score studies), test administration (CBT, paper-based, alternative sites), and credentialing management (accreditation support, recertification, database management), all delivered through the proprietary Test Development Center (TDC) platform and the DaVinci's Tool Chest application suite.

Product overview

SMT provides comprehensive exam development and administration services to certification organizations and licensing agencies. The core offering consists of the proprietary Test Development Center (TDC) web-based platform for item banking and exam development, supplemented by DaVinci's Tool Chest for innovative item types. Service modules include Validity Assurance (job analysis and passing standards), Psychometric Services (statistical analysis and quality assessment), Test Administration (CBT, paper-based, alternative sites, score reporting), and Credentialing Management (accreditation support, membership administration). The TDC is available for standalone licensing. Services are provided through partnerships with Iso-Quality Testing, Inc. (IQT) for computer-based testing delivery and Examination Security Solutions, Inc. (ESS) for security services.

Differentiator

Problem solved

Functional benefit

Products and services

• Test Development Center (TDC) Proprietary state-of-the-art web-based item banking and exam development system for certification and licensing organizations. Facilitates all aspects of item and exam development and stores innovative as well as traditional item types; available for licensing independent of contracted services.
• DaVinci's Tool Chest Application suite that enables clients to develop innovative item types including multiple choice combined with animation, audio, or video; list choices; hotspots; drag and drop; directional drag; and complex scenarios with constructed responses.
• Validity Assurance Services Services including job analysis (role delineation studies) and passing score determination (cut score studies, IRT equating, common item linear equating) to ensure exam validity and defensibility.
• Test Administration Services Full range of test administration services including candidate processing, computer-based testing (via IQT), paper and pencil testing, alternative testing sites, practice exams, score reporting, and self publishing for certification and licensing organizations.
• Psychometric Services Services focused on maintaining score consistency and assessing exam quality using both classical test theory (CTT) and item response theory (IRT) approaches, including item analysis, scale maintenance, pretesting, and technical test reports.
• Credentialing Management Services Comprehensive credentialing support services including strategic planning, marketing, communications, NCCA/ANSI accreditation support, dues collection, certificate design/printing/distribution, database management, recertification, and continuing education program administration.

Quantifiable outcome

• Thousands of exams delivered annually through 300+ testing sites
• +2 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Iso-Quality Testing, Inc. (IQT)coreChannel Partner/ Reseller/ DistributorSMT has forged a strong partnership with Iso-Quality Testing, Inc. (IQT). IQT is a test administration company specializing in the delivery of CBT exams that are secure, high quality, user-friendly, and reasonably priced. IQT successfully delivers thousands of exams annually at over 300 sites throughout North America and around the world. IQT focuses on test administration and delivery as part of the SMT/IQT partnership.
• Examination Security Solutions, Inc. (ESS)coreStrategic or Co-development PartnerSMT has forged strong partnerships with both Iso-Quality Testing, Inc. (IQT) and Examination Security Solutions, Inc. (ESS). There is great synergy in what the three companies provide to credentialing and licensing organizations. ESS provides security and investigative services covering all aspects of credentialing and licensing efforts.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• ExamSoft: ExamSoft provides secure computer-based exam delivery and assessment analytics for professional licensing and certification programs, directly comparable to SMT's CBT delivery and psychometric offerings.
• Pearson VUE: Pearson VUE delivers computer-based testing for professional licensure and certification programs worldwide and provides psychometric and test development services, competing head-to-head with SMT for the same certification and licensing customers.
• Kryterion: Kryterion delivers secure online proctored certification and licensure exams through a global test center network, overlapping with SMT's IQT-enabled distribution and test administration services.
• PSI Services: PSI offers test development, psychometric services, and a global test center network for certification and licensure exams, making it a closely comparable end-to-end credentialing competitor to SMT.
• Prometric: Prometric is one of the largest global test delivery and credentialing services companies, offering CBT at thousands of sites and end-to-end exam development — directly overlapping with SMT's full-service credentialing offering for certification and licensure bodies.
• Meazure Learning: Meazure Learning operates a large test center network and provides test administration services for certification and licensure programs, directly competing with SMT/IQT for program delivery contracts.
• Questionmark: Questionmark provides an enterprise assessment platform for authoring, delivering, and analyzing tests, comparable to SMT's TDC and DaVinci's Tool Chest for item banking and exam development.

Emerging players

• Caveon Test Security: Caveon specializes in test security and data forensics for high-stakes credentialing programs, overlapping with SMT's partner ESS and the security portion of SMT's value proposition.
• Yardstick (Assessment Strategies Inc.): Yardstick offers online exam authoring and delivery for certification and credentialing programs, with comparable item-banking and psychometrics functionality to SMT's TDC platform.

Broad incumbents

• Scantron: Scantron offers a broad portfolio of assessment, scoring, and psychometrics services across education and certification markets, providing overlapping test development and credentialing capabilities as part of a wider portfolio.

Market position

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Schroeder Measurement Technologies