# Smowltech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smowltech

- Industry: Software
- Headquarters: Donostia/San Sebastian, Spain
- Website: www.smowl.net/en
- Latest round: Seed (Jan 1, 2020)
- Investors on record: 1

## About

Based in San Sebastian, Spain, and founded in 2012 by CEO Ricardo Vea, Smiley Owl Tech S.L., d.b.a. Smowltech is an education technology company that has developed a patented technology that can verify the user's identity continuously using multi-biometric data, empowering users to improve online education accessibility. In May 2022, Smiley Owl Tech S.L. raised EUR 1.7 million in seed funding led by Fondo Bolsa Social, with participation from Wayra and Sparkmind VC.

The company provides proctoring software embedded with multiple functions, security, and artificial intelligence algorithms to improve the monitoring and quality of the online educational activity. Smowltech offers protocoling software with different variants, which are smowl, smowl plus, smowl 360, smowl human, and smowl custom. In addition, the firm uses artificial intelligence and facial recognition technology to verify students’ identities and prevent them from cheating. Smowltech also enables businesses to monitor their company’s workflow, evaluate employees and recruit new staff securely with its proctoring software. As of May 2022, the firm supports about 100 educational institutions, companies, and governments to provide enhance their online learning processes, including exams, certifications, recruitment, and more across Europe and Latin America.

The company plans to use its proceeds from May 2022 funding to develop its monitoring technology, consolidate its presence in Europe and Latin America, and strengthen its product and marketing teams.

## Funding rounds

- Seed, Jan 1, 2020 — TheVentureCity

## Investors

- TheVentureCity (https://capitalatlas.ai/funds/theventurecity) — Seed