About Examity
Examity is a company based in Needham (United States) founded in 2012 was acquired by Meazure Learning in September 2023.. Examity has raised $114 million across 4 funding rounds from investors including Western Alliance Bank, Meazure Learning and Great Hill Partners. The company has 1,070 employees as of March 27, 2024. Examity has completed 1 acquisition, including B Virtual. Examity offers products and services including ProctorU Proctoring Platform, Meazure Exam Platform, and Guardian Secure Browser. Examity operates in a competitive market with competitors including Mettl, ProctorU, ProctorFree, Honorlock and Verificient Technologies, among others.
- Headquarter Needham, United States
- Employees 1070 as on 27 Mar, 2024
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Examity India On-Line Proctoring Llp
- Date of Incorporation 26 Jun, 2018
- Jurisdiction Rangareddy, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$114 M (USD)
in 4 rounds
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Latest Funding Round
$15 M (USD), Debt – Conventional
May 07, 2021
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Investors
Western Alliance Bank
& 5 more
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Employee Count
1070
as on Mar 27, 2024
- Investments & Acquisitions
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Acquired by
Meazure Learning
(Sep 06, 2023)
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Products & Services of Examity
Examity offers a comprehensive portfolio of products and services, including ProctorU Proctoring Platform, Meazure Exam Platform, and Guardian Secure Browser. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for secure remote exam monitoring and administration.
System for test development and automated item generation.
Browser for preventing cheating during online assessments.
Unlock access to complete
Funding Insights of Examity
Examity has successfully raised a total of $114M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $15 million completed in May 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $15.0M
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First Round
First Round
(02 Mar 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Debt – Conventional - Examity | Valuation |
investors |
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| Apr, 2019 | Amount | Series C - Examity | Valuation | Great Hill Partners |
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| Apr, 2018 | Amount | Series A - Examity | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Examity
Examity has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Western Alliance Bank, Meazure Learning and Great Hill Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Business acquisitions are targeted by the private equity firm.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward private and public companies.
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Founded Year | Domain | Location | |
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Commercial banking services, including loans and treasury management, are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Examity
Examity has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include B Virtual. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online proctoring software
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Examity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Examity Comparisons
Competitors of Examity
Examity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Mettl, ProctorU, ProctorFree, Honorlock and Verificient Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online assessments for pre-hires and employees' skills are conducted.
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| domain | founded_year | HQ Location |
Distance proctoring for online exams
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| domain | founded_year | HQ Location |
Online platform providing proctoring solutions
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| domain | founded_year | HQ Location |
Online proctoring platform is offered for educational institutions.
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| domain | founded_year | HQ Location |
Online proctoring solutions are provided for identity verification in assessments.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Examity
Frequently Asked Questions about Examity
When was Examity founded?
Examity was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Examity located?
Examity is headquartered in Needham, United States. It is registered at Needham, Massachusetts, United States.
Is Examity a funded company?
Examity is a funded company, having raised a total of $114M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Mar 02, 2017.
How many employees does Examity have?
As of Mar 27, 2024, the latest employee count at Examity is 1,070.
What does Examity do?
Founded in 2012 and based in Needham, United States, Examity operates in the education technology sector. Live proctoring is provided to colleges and universities through webcam monitoring, where potential violations are flagged with timestamps for educator review. A team of auditors conducts secondary checks for overlooked details. Services are extended to online schools across more than 50 countries.
Who are the top competitors of Examity?
What products or services does Examity offer?
Examity offers ProctorU Proctoring Platform, Meazure Exam Platform, and Guardian Secure Browser.
How many acquisitions has Examity made?
Examity has made 1 acquisition, including B Virtual.
Who are Examity's investors?
Examity has 6 investors. Key investors include Western Alliance Bank, Meazure Learning, Great Hill Partners, Inherent Group, and Trinity Capital Investment.