- Among the most significant early-stage international edtech investments in 2025
- Led by global investment firm Kaltroco, with Invigilator set to establish U.S. operations and expand partnerships with universities, awarding organisations, and professional bodies
- Launching across the U.S. to transform education access, as 17 million children still lack home internet for online learning
Invigilator, the remote assessment platform, has raised $11 million in international equity funding to accelerate its U.S. expansion. Founded in 2020, Invigilator is used by more than 100 institutions worldwide, supporting over 850,000 students and processing over six million results across 75,000 assessments. Its secure, data-light architecture combines mobile and PC proctoring with live AI monitoring, AI assistance detection, identity verification, configurable authentication and anti-plagiarism tools—protecting assessment integrity while remaining inclusive and accessible.
Invigilator aims to transform cross-state access to education at a time when about 17 million U.S. children still lack home internet access. With connectivity gaps disproportionately affecting rural and low-income families, the sunset of the Affordable Connectivity Program in 2024 means a further three million households risk losing broadband access, potentially leaving one in three rural students without reliable connectivity.
The round, led by Kaltroco, one of the most significant early-stage international edtech financings in 2025, will fund Invigilator’s U.S. rollout, strengthen product development including multilingual capabilities, and build commercial and support teams to partner with educational institutions nationwide.
Nicholas Riemer, Co-founder and CEO of Invigilator, said the investment is “a milestone for our team and our mission,” enabling faster AI development while keeping the solution inclusive and data light. “We’re expanding in the U.S. to work closely with universities, awarding organisations and professional bodies, bringing live AI monitoring, assistance detection and secure, easy-to-deploy assessment workflows to educators and learners nationwide.”
Cornou Rykaart, CFO and Deal Lead at Kaltroco, said Invigilator “fits our investment thesis perfectly,” citing its sound business model, growth potential and positive social impact.
The online exam proctoring market is projected to reach USD 2.1 billion by 2030, up from USD 941 million in 2024 (Yahoo Finance, 2025). Global edtech investment has tightened since 2021, making cross-border early-stage rounds like Invigilator’s among the largest of 2025 (HolonIQ, 2025).
