Sweden’s DigiExam raises $3.5M Series A for digital test and grading platform
Summary
It enables students to take tests digitally and in turn teachers to grade the results more efficiently. To fuel further international expansion, the Stockholm-headquartered company has closed $3.5 million in Series A funding in a round led by what is being described as a syndicate of tech entrepreneurs and investors from Europe and Asia, including Joen Bonnier, of the Bonnier family, owner of the largest media group in Sweden. It’s been designed to optionally work offline and also has a cheat-beating feature that stops students browsing the web while taking tests. “Therefore, we designed a product that is super intuitive and easy to use for the teacher so to ensure that they actually will use it and allowing it to be 100 per cent reliable and can work both on and offline without any risk that data is lost”. It lets individual teachers sign up and starting using the SaaS for free, who, says Hägglund, then become advocates for the service and can help persuade a school’s leadership to buy a site-wide license.