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South African education technology company The Invigilator, which provides remote assessment tools, has secured $11 million in international equity investment to back its global expansion plans.
The investment round was led by Kaltroco, a private investment firm with its headquarters in Jersey and investment professionals in Nashville, Zurich, and Cape Town.
The Invigilator was launched in 2020 to provide secure and accessible remote assessment tools for academic institutions. More than 100 universities and colleges now use the platform. Its growth has been driven by a simple interface and low data requirements, which make it easier to use in resource-constrained settings.
In 2025 it introduced software that helps teachers detect when students have relied on AI to complete homework and assignments. The system analyses answers and builds a writing profile for each student, allowing lecturers to step in if over-reliance on AI is identified.
“The Invigilator fits our investment thesis perfectly: sound business model, attractive growth opportunities, an exceptional team with a real passion for the mission and a disruptive technology that drives positive impact in a key sector. Their proprietary technology makes quality education more accessible and inclusive, whilst also freeing up our customers from physical infrastructure restrictions. We are excited to partner with The Invigilator team and support them in their global growth ambitions,” says Cornou Rykaart, principal at Kaltroco.
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