Honorlock

SoftwareSeries BBoca Raton, UShonorlock.com

Latest round

Series B

Last raised

Apr 2021

Total raised

$37M

Investors

3

About Honorlock

Honorlock Inc.Honorlock Inc. was founded in 2014 and operates out of Boca Raton, US. The company specializes in online proctoring services and software.vc.Honorlock is a provider of online proctoring services and software designed to enhance the integrity of remote examinations. Their core offerings include automated proctoring tools that utilize multi-device detection, smart speech recognition, and customized exam environments to ensure secure testing experiences. These features cater to a diverse client base, including higher education institutions, professional education organizations, and students, helping educators focus on teaching rather than monitoring assessments. Honorlock’s solutions are designed to be user-friendly, minimizing challenges for students during assessments and providing unparalleled 24/7 support.Honorlock’s revenue model is structured around subscription-based services tailored for educational institutions and organizations. Clients typically engage in contracts that include comprehensive onboarding, continuous support, and access to Honorlock’s suite of proctoring features. The company’s revenue is largely derived from B2B transactions, where educational institutions subscribe to Honorlock’s services for their faculty and students. Specific pricing plans and service details are provided during client onboarding to align with institutional needs and scale.In April 2021, Honorlock Inc. The company plans to develop and launch new products aimed at enhancing its online proctoring capabilities. Future expansions are targeted towards international markets, complementing the existing North American presence.

Who invested in Honorlock

3 investors across 2 rounds

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Funding rounds

  1. Series B

    Apr 27, 2021

    Amount

    $25M

    Investors

    Locked

  2. Series A

    Mar 19, 2020

    Amount

    $12M

    Investors

    Locked

Questions about Honorlock

Who invested in Honorlock?

Honorlock has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Honorlock raised?

Honorlock has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Honorlock last raise money?

Honorlock's most recent round on record is a Series B, in Apr 2021.

What does Honorlock do?

Honorlock is a software company.

Where is Honorlock headquartered?

Honorlock is headquartered in Boca Raton, US.

Which VCs invest in companies like Honorlock?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Honorlock's stage. Their profiles are linked below.

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