This article helps provide funding data for part 8 of my annual review of the year in ed-tech

The following “proctoring” and testing startups raised funding in 2016:

  • ProctorExam ($550,000) – investors were not disclosed
  • ProctorFree ($1,290,000) – investors include Real Ventures and Task Force X Capital
  • DigiExam ($3,500,000) – investors include Gustav Söderström, John Bonnier, Sophia Bendz, and Sven Hagströmer
  • Gradopedia (undisclosed) – investors were not disclosed
  • MasteryConnect ($4,500,000) – investors include Catamount Ventures, the Chan Zuckerberg Initiative, the Dell Foundation, Pelion Ventures, and Trinity Ventures
  • Formative ($2,000,0000 – investors include the Jefferson Education Accelerator
  • Panopto ($5,000,000) – investors include Sterling Partners and Square 1 Bank

Acquisitions include Performance Matters (acquired by Weld North), GL Education (acquired by Levine Leichtman Capital Partners), WebAssign (acquired by Cengage), Astute Technology (acquired by Echo360)

Audrey Watters


Who's Funding Education Technology?

A Hack Education Project

Back to Archives