About this raise
Proctor360, with a valuation of $15.7 million, is raising funds on NetCapital. The company is developing solutions for monitoring online exams through remote proctoring. The demand for such solutions has shot up with the increasing use of online classes and blended instruction models. Proctor360 has developed its remote proctoring platform and completed the production of the first version of its 360 Total View headset. Ganga Bathula and Kranthi Bathula founded Proctor360 in October 2018. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $2,000,001. The campaign proceeds will be used for customer acquisition and marketing, software enhancement, production and inventory, and compensation for managers.
Investment Overview
Invested $131,382 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Education, Training, & Coaching
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- High
Financials
-
Revenue
- $52,667
- Monthly Burn
- $2,759
-
Runway
- 24+ months
- Gross Margin
- 55%
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Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.