# Educational Testing Service

Educational Testing Service is an Endowment / Foundation based in Princeton, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Princeton, United States
- **Region:** North America
- **Address:** 660 Rosedale Road, Princeton, New Jersey, United States
- **Founded:** 1947
- **Assets under management:** 1329 (Altss estimate)
- **Website:** ets.org
- **LinkedIn:** https://www.linkedin.com/company/educational-testing-service-ets

## Regulatory record

- **Reports private funds:** No

## About

Educational Testing Service was established in 1947 by the American Council on Education, the Carnegie Foundation for the Advancement of Teaching, and the College Entrance Examination Board. It functions as both a test developer and an asset owner with a disclosed AUM of 1329 million USD. The firm pursues co-investments, buyouts, secondaries, and early-stage commitments. Confirmed holdings include full ownership of PSI Services LLC, Edusoft Ltd., Vericant, Pipplet, and Wheebox, plus limited partner stakes in ApplyBoard, MPOWER Financing, UpGrad, CollegeDekho, Degreed, and Class Technologies. Activity spans the United States, Canada, Israel, India, China, and France. The organization maintains a philanthropic arm focused on education equity in the United States. It owns the Princeton headquarters campus and Chauncey Conference Center. No dated operational events from the last 24 months appear in available records. ETS Capital executes direct investments and limited partner commitments alongside external managers rather than operating as a traditional grant-making foundation.

## Sectors

- EdTech
- Education/Training
- Assessment

## People

- Amit Sevak — operator
- Janet Garcia — operator
- Ruma Mukerji — operator

## Questions

### Who runs investment decisions at Educational Testing Service?

No named investment principals are disclosed in available records.

### Does Educational Testing Service participate in fund commitments or only direct deals?

The firm executes both co-investments and limited partner commitments through ETS Capital.

### What investment stages does Educational Testing Service typically target?

Records list activity across seed, early stage, growth, buyout, and secondaries.

### Where does the underlying capital at Educational Testing Service come from?

Capital originates from operations of the nonprofit testing organization rather than a disclosed family wealth source.

### How is Educational Testing Service related to the College Board?

The College Board is a major client and strategic partner; ETS develops and administers the SAT and AP exams for it.

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Last updated: 2026-07-10T03:58:22.000Z

Canonical page: https://altss.com/profile/educational-testing-services

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