About HigherNext
HigherNext is a company based in Philadelphia (United States) founded in 2010 was acquired by ProctorU in February 2014.. HigherNext has raised $915 thousand across 4 funding rounds from investors including ProctorU. HigherNext operates in a competitive market with competitors including Mettl, Examity, ProctorFree, Honorlock and ProctorU, among others.
- Headquarter Philadelphia, United States
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Sectors
Education
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Phone
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Website
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Social
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Funding Insights of HigherNext
HigherNext has successfully raised a total of $915K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $540 thousand completed in July 2012. 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 Seed — $540,000
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First Round
First Round
(30 Jul 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Seed - HigherNext | Valuation |
investors |
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| May, 2012 | Amount | Seed - HigherNext | Valuation |
investors |
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| Mar, 2011 | Amount | Seed - HigherNext | 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 HigherNext
HigherNext has secured backing from 1 investor. Prominent investors backing the company include ProctorU. 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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Distance proctoring for online exams
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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 HigherNext
| 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 |
Financial Statements - HigherNext
| 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 |
Highernext Comparisons
Competitors of HigherNext
HigherNext 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, Examity, ProctorFree, Honorlock and ProctorU, 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 |
Proctored examination provider
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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 |
Distance proctoring for online exams
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about HigherNext
When was HigherNext founded?
HigherNext was founded in 2010.
Where is HigherNext located?
HigherNext is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Is HigherNext a funded company?
HigherNext is a funded company, having raised a total of $915K across 4 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jul 30, 2010.
What does HigherNext do?
HigherNext was founded in 2010 in Philadelphia, United States, within the edtech sector. A platform for test administration and proctoring is provided for online certification exams and school assessments. The flagship offering consists of a business skills exam targeted at entry-level job applicants. Licensing occurs to educational institutions and employers on a fee basis. Acquisition by ProctorU took place in 2014.
Who are the top competitors of HigherNext?
Who are HigherNext's investors?
HigherNext has 1 investor. Key investors include ProctorU.