South African education technology company The Invigilator, which provides secure remote exam solutions, has raised $11 million (approximately R195 million) to fuel its international expansion and enhance its AI-driven capabilities.
The funding round was led by Kaltroco, a privately held, family-backed investment firm based in Jersey, Channel Islands. The investment attracted additional backing from professionals in Nashville, Zurich, and Cape Town, reflecting growing global interest in the startup’s technology. Kaltroco’s structure allows for long-term, flexible investment support without external constraints.
Founded in 2020, The Invigilator was created to tackle academic integrity challenges, especially in resource-limited settings. Its platform is used by over 100 educational institutions, including Varsity College, Regenesys Business School, Curro Academy Schools, Eduvos, and Boston City Campus, enabling cost-effective, secure exam monitoring. Earlier this year, the company introduced an AI-powered feature that analyzes student submissions to detect potential over-reliance on AI tools, helping educators maintain evaluation credibility.
The company plans to use the capital to further develop its AI monitoring technology, add multilingual support, expand teams in international markets, and deepen partnerships with schools and corporate clients across North America, Europe, Asia, and the Middle East.
CEO Nicholas Riemer said the investment will accelerate the company’s move toward continuous AI-driven assessment monitoring, expanding access to secure education globally. The Invigilator aims to establish itself as a leader in AI-based remote assessments while highlighting African innovation on the world stage.
