Diligence memo · auto-generated · as of July 2, 2026
The Invigilator
The Invigilator looks over-valued against its niche peers and is active on financing cadence.
Businessfiled
The Invigilator operates in AI / ML, based in Cape Town, Africa. SA ed-tech startup The Invigilator raises $11m funding round 0 By Tom Jackson on September 9, 2025 News , Southern Africa South African ed-tech startup The Invigilator, which has developed AI-powered, anti-cheating software for online assessments, has raised ZAR195 million (US$11 million) in funding to scale internationally. Founded in 2020, The Invigilator helps educational institutions monitor students during remote exams and assessments, using a student’s smartphone to monitor their activity during an exam, with AI flagging suspicious behaviour.
Sub-sector tags: ai/ml.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
The Invigilator has raised $11M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $11M on 2025-09-09.
Most recent recorded round closed around 2025-09-09.
Valuation (modeled)modeled
Provath models The Invigilator at approximately $39M (range $15M–$64M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 1.59× the median modeled value of Series A AI / ML companies in 2025–2027 (70 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Last raise 10 mo ago; this sector typically re-raises about every 11 months.
Raising on or ahead of the sector's normal rhythm.
Comparablesmixed
Capital scale ranks ahead of 88% of AI / ML peers (2067 compared).
Modeled value ranks above 83% of those peers.
Closest niche peers: Simplex, Farsight AI, Inc., 2Build AI, Inc., AI Optics Inc., EdgeRunner AI, Inc..
Risks & flagsmixed
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.