Honorlock, an on-demand proctoring service provider, announced it has raised $25 million Series B funding round led by Owl Ventures with participation from Defy Partners, Arsenal Growth and existing investors to further accelerate growth and enter new markets.
Founded in 2014, Honorlock’s AI plus human-touch proctoring platform enables academic institutions and organizations to offer remote assessments while protecting exam integrity and creating a fair and equitable environment for learners. Its cloud-based proctoring system is also able to integrate with learning management platforms.
Its customers include University of Wisconsin, University of Florida, Georgia Institution of Technology and Texas A&M, among many others.
With the new funding, Honorlock plans on investing in its talent, technology, and strategy. The company is also looking to grow its presence in the corporate space.
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