Honorlock is an EdTech startup that offers a comprehensive online proctoring solution for higher education institutions and corporations. Founded in 2014, the company has positioned itself as a pioneer in making online proctoring simple, easy, and human. With a focus on providing a non-invasive and less intimidating proctored testing experience, Honorlock's proctoring software diligently monitors exam sessions and promptly alerts a human proctor if any issues are detected. The company's offerings include proctored exams, live US-based support 24/7/365, as well as a range of features such as cell phone detection, browser lockdown, ID verification, test content protection, and voice detection, along with seamless LMS integration. Honorlock has recently attracted significant attention from investors, securing a notable $25.00M Series B investment on 27 April 2021 from prominent venture capital firms including Owl Ventures, Arsenal Growth, and Defy.vc. The company's commitment to academic integrity, coupled with its innovative approach to online proctoring, positions it strongly in the EdTech space, making it an intriguing prospect for potential investors seeking opportunities in the rapidly evolving learning technology sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $25.00M | 3 | Defy.vc | 27 Apr 2021 |
Series A | $11.50M | 1 | Defy.vc | 19 Mar 2020 |
Seed Round | $2.50M | 2 | Michael Hemlepp, Daniel Cane | 01 May 2019 |
Seed Round | $1.00M | - | 11 Aug 2017 | |
Seed Round | $500.00K | - | 01 Jul 2016 |
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