What is ProctorFree?
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:
Private Equity
$1.3M
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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