How Much Did ProctorFree Raise?
Funding & Key Investors

ProctorFree has secured $3.3M in total capital, with its most recent financing round bringing in $2M. This major strategic investment underscores the company's significant traction in the online proctoring market.

What is ProctorFree?

ProctorFree
SoftwareSecurity Software

ProctorFree provides a robust, on-demand online proctoring solution tailored for higher education institutions and professional organizations. The company's offerings encompass fully automated proctoring, human-assisted proctoring, and secure exam delivery. ProctorFree serves a diverse clientele across education, certification, business, government, and HR sectors, facilitating an economical and user-friendly experience while upholding the integrity of online examinations. Its platform is designed for seamless integration with various Learning Management Systems, offering 24/7 accessibility without the need for advance scheduling.

How much funding has ProctorFree raised?

ProctorFree has raised a total of $3.3M across 2 funding rounds:

2015

Private Equity

$1.3M

2017

Private Equity

$2M

Private Equity (2015): $1.3M, investors not publicly disclosed

Private Equity (2017): $2M, investors not publicly disclosed

What's next for ProctorFree?

The substantial enterprise-level funding indicates a strategic push for ProctorFree to scale its operations and potentially expand its technological capabilities. This capital infusion is likely to fuel further development of its secure exam delivery and proctoring services, aiming to capture a larger share of the growing online assessment market. Future growth may involve enhancing AI-driven proctoring features or broadening its reach into new professional certification domains.

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Frequently Asked Questions Regarding ProctorFree Financial Insights

What are the most recent funding rounds that ProctorFree has completed, and what were the funding rounds?
ProctorFree has recently completed 2 funding rounds: Private Equity on Mar 30, 2017, Private Equity on Oct 22, 2015.
What is the total amount of funding ProctorFree has raised to date?
ProctorFree has raised a total of $3.3M in funding to date.
How many funding rounds has ProctorFree completed?
ProctorFree has completed 2 funding rounds.
How much funding did ProctorFree raise in its most recent funding round?
ProctorFree raised $2M in its most recent funding round.
Which was the largest funding round in ProctorFree's history?
The largest funding round in ProctorFree's history was $2M.
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