What is Examity?
Founded in 2013 and headquartered in Newton, Massachusetts, Examity provides a comprehensive online proctoring solution designed to uphold academic integrity. The platform offers a suite of tools that empower teachers, educational institutions, and students to mitigate cheating risks during remote examinations. By integrating advanced technology with human oversight, Examity has established itself as a vital infrastructure provider for the higher education sector, facilitating the transition toward flexible, digital-first learning environments. Its market position is characterized by a focus on security, scalability, and user experience, catering to the complex needs of modern academic institutions.
How much funding has Examity raised?
Examity has raised a total of $111M across 2 funding rounds:
Private Equity
$21M
Private Equity
$90M
Private Equity (2017): $21M with participation from Inherent Group and University Ventures
Private Equity (2019): $90M led by Great Hill Partners
Key Investors in Examity
Great Hill Partners
Great Hill Partners is a Boston-based private equity firm that has raised over many billions in commitments since inception to finance the acquisition, recapitalisation, or expansion of growth companies in the communications, financial technology, healthcare, information services, internet, media, retail, consumer, and software industries.
Inherent Group
Inherent Group, LP is dedicated to promoting investment in sustainability-linked strategies by demonstrating superior risk-adjusted returns, utilizing environmental, social, and governance (ESG) factors to guide its investment decisions.
University Ventures
University Ventures focused on investing in the future of higher education, supporting portfolio companies that aimed to make higher education more affordable and introduced innovative learning approaches.
What's next for Examity?
With the recent influx of capital, Examity is well-positioned to accelerate its product development roadmap and expand its footprint in the global edtech market. The company is expected to prioritize the enhancement of its AI-driven proctoring capabilities and the integration of its services into broader learning management systems. As the demand for remote assessment continues to evolve, Examity's strategic focus will likely center on deepening its enterprise-level partnerships and refining its security protocols to meet the rigorous requirements of global universities and professional certification bodies. This phase of growth will be instrumental in cementing its status as a leader in the digital integrity space.
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