About ProctorU
ProctorU is a company based in Birmingham (United States) founded in 2008.. ProctorU has raised $13.04 million across 1 funding round. The company has 205 employees as of December 31, 2020. ProctorU has completed 1 acquisition, including HigherNext. ProctorU offers products and services including ProctorU Proctoring Platform, Guardian Secure Browser, Meazure Exam Platform, and Itematic: Automated Item Generation. ProctorU operates in a competitive market with competitors including Examity, Mettl, ProctorFree, Honorlock and Verificient Technologies, among others.
- Headquarter Birmingham, United States
- Employees 205 as on 31 Dec, 2020
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.04 M (USD)
in 1 rounds
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Latest Funding Round
$13.04 M (USD), Series A
Jan 15, 2020
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Investors
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Employee Count
205
as on Dec 31, 2020
- Investments & Acquisitions
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Products & Services of ProctorU
ProctorU offers a comprehensive portfolio of products and services, including ProctorU Proctoring Platform, Guardian Secure Browser, Meazure Exam Platform, and Itematic: Automated Item Generation. 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.
Browser that prevents cheating during online exams.
System for delivering and managing online tests securely.
Tool for generating exam questions automatically.
Unlock access to complete
Funding Insights of ProctorU
ProctorU has successfully raised a total of $13.04M through 1 strategic funding round. The most recent funding activity was a Series A round of $13.04 million completed in January 2020. 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 1
- Last Round Series A — $13.0M
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First Round
First Round
(15 Jan 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - ProctorU | 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 |
Investments & Acquisitions by ProctorU
ProctorU has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HigherNext. 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 and test administration platform is operated.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 |
Financial Statements - ProctorU
| 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 |
Proctoru Comparisons
Competitors of ProctorU
ProctorU 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 Examity, Mettl, 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 |
Proctored examination provider
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| domain | founded_year | HQ Location |
Online assessments for pre-hires and employees' skills are conducted.
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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 |
|---|---|---|---|---|
| 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 Proctoru
Frequently Asked Questions about ProctorU
When was ProctorU founded?
ProctorU was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Where is ProctorU located?
ProctorU is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Is ProctorU a funded company?
ProctorU is a funded company, having raised a total of $13.04M across 1 funding round to date. The company's 1st funding round was a Series A of $13.04M, raised on Jan 15, 2020.
How many employees does ProctorU have?
As of Dec 31, 2020, the latest employee count at ProctorU is 205.
What does ProctorU do?
ProctorU was established in 2008 in Birmingham, United States, within the education technology sector. Live remote proctoring is delivered for online exams through webcams and internet connections. Test takers are authenticated via a three-step process involving ID verification, keystroke analysis, and questions drawn from public records. The service supports institutions such as schools, colleges, and MOOCs, with over 1 million exams processed to date.
Who are the top competitors of ProctorU?
What products or services does ProctorU offer?
ProctorU offers ProctorU Proctoring Platform, Guardian Secure Browser, Meazure Exam Platform, and Itematic: Automated Item Generation.
How many acquisitions has ProctorU made?
ProctorU has made 1 acquisition, including HigherNext.