ProctorFree Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 22

Employees

  • Latest Deal Type
  • Series 2

  • Latest Deal Amount
  • $2.8M

  • Investors
  • 11

ProctorFree General Information

Description

Developer of an on-demand, automated online proctoring software designed to improve academic integrity and online student experience. The company's software authenticates students by utilizing facial recognition and maintains continuous identity verification throughout the exam via webcam, enabling instructors to quickly understand what their students are doing during the exam session and measure their learning outcomes with confidence.

Contact Information

Website
www.proctorfree.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 210 Delburg Street
  • Davidson, NC 28036
  • United States
+1 (855)
Primary Industry
Educational Software
Other Industries
Education and Training Services (B2B)
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, TMT, EdTech
Corporate Office
  • 210 Delburg Street
  • Davidson, NC 28036
  • United States
+1 (855)

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ProctorFree Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC (Series 2) 16-Jun-2021 $2.8M Completed Generating Revenue
7. Later Stage VC 24-Jan-2019 Completed Generating Revenue
6. Accelerator/Incubator Completed Generating Revenue
5. Later Stage VC 15-Sep-2017 Completed Generating Revenue
4. Seed Round 01-Dec-2015 Completed Generating Revenue
3. Angel (individual) 17-Nov-2014 Completed Startup
2. Grant 17-Jun-2013 $140K Completed Startup
1. Accelerator/Incubator 19-Feb-2013 Completed Startup
To view ProctorFree’s complete valuation and funding history, request access »

ProctorFree Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series 2
Series 1
To view ProctorFree’s complete cap table history, request access »

ProctorFree Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an on-demand, automated online proctoring software designed to improve academic integrity and online studen
Educational Software
Davidson, NC
22 As of 2024

Birmingham, AL
 

Richmond Hill, Canada
 
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ProctorFree Competitors (13)

One of ProctorFree’s 13 competitors is Meazure Learning, a Private Equity-Backed company based in Birmingham, AL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Meazure Learning Private Equity-Backed Birmingham, AL
Edsby Venture Capital-Backed Richmond Hill, Canada
Honorlock Venture Capital-Backed Boca Raton, FL
Placementseason.com Formerly Accelerator/Incubator backed Coimbatore, India
Kira Talent Formerly VC-backed Toronto, Canada
You’re viewing 5 of 13 competitors. Get the full list »

ProctorFree Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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ProctorFree Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
ITC Capital Partners PE/Buyout Minority
VentureSouth Angel Group Minority
Kinetic Ventures Venture Capital Minority
Real Ventures Venture Capital Minority
TFX Capital Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

ProctorFree Investments (1)

ProctorFree’s most recent deal was a Joint Venture with Real Estate Education (Learn Test Pass / ProctorFree). The deal was made on 28-Feb-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Real Estate Education (Learn Test Pass / ProctorFree) 28-Feb-2022 Joint Venture Education and Training Services (B2B)
To view ProctorFree’s complete investments history, request access »

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ProctorFree FAQs

  • When was ProctorFree founded?

    ProctorFree was founded in 2012.

  • Where is ProctorFree headquartered?

    ProctorFree is headquartered in Davidson, NC.

  • What is the size of ProctorFree?

    ProctorFree has 22 total employees.

  • What industry is ProctorFree in?

    ProctorFree’s primary industry is Educational Software.

  • Is ProctorFree a private or public company?

    ProctorFree is a Private company.

  • What is the current valuation of ProctorFree?

    The current valuation of ProctorFree is .

  • What is ProctorFree’s current revenue?

    The current revenue for ProctorFree is .

  • How much funding has ProctorFree raised over time?

    ProctorFree has raised $7.05M.

  • Who are ProctorFree’s investors?

    ITC Capital Partners, VentureSouth, Kinetic Ventures, Real Ventures, and TFX Capital are 5 of 11 investors who have invested in ProctorFree.

  • Who are ProctorFree’s competitors?

    Meazure Learning, Edsby, Honorlock, Placementseason.com, and Kira Talent are some of the 13 competitors of ProctorFree.

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