Multi-award winning Swedish start-up DigiExam, creator of the secure end-to-end digital assessment and grading platform for schools and universities, has scooped an EdTechXRise 20 Award in the EdTechXGlobal All Stars Awards programme.
The awards run by EdTechXEurope are designed to celebrate the world’s top-performing, rising, non-profit and investor top 20 for 2016.
The panel of judges, together with partners City & Guilds and Kemp Little, considered a number of factors when making their choice – including revenue growth, scale, innovation and market impact. They selected DigiExam because it has shown significant innovation and growth over the last year.
Launched in 2014, DigiExam’s digital assessment, exam and grading solution is used in over 1000 schools and universities spanning 50 countries including the UK, USA, and Finland. Over 130,000 students have used the system and more than 300,000 digital assessments and exams have been delivered.
In 2016 DigiExam secured $3.5million Series A funding from 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. Previous backers Gustav Söderström (CPO of Spotify), Sophia Bendz (former CMO of Spotify), and Sven Hagströmer (early investor and previous Chairman of Unicorn Klarna) also participated.
A software-as-a-service (Saas) offering, DigiExam’s intuitive platform is designed to make it easier for instructors and teachers to work collaboratively to prepare assessments and exams and to grade quickly and efficiently, thus freeing up time for important teacher-student interaction and feedback designed to improve student outcomes.
DigiExam’s platform also aims to make it more straightforward for students as they are all ‘digital natives’. Students can use a device with which they are familiar, type faster than they write, and be assessed in an unbiased fashion.
Commenting on the short listing, Johan Hägglund, CEO of DigiExam said:
“The EdtechXEurope Summit has been a very fruitful forum for us, with an extremely impressive selection of companies, thought leaders and innovators from across Europe, Asia and the US. The exchange of ideas, panel debates and networking opportunities have been tremendous. We see EdtechXEurope as a springboard into the UK education market for us.
“Given the calibre of companies, it’s a great honour to win an EdTechXRise 20 Award in the EdTechXGlobal All Stars Awards programme – we are delighted!”
Viewed by investors as ‘one to watch’, last year DigiExam was presented with The Shooting Star Award 2015 by the Swedish innovation agency VINNOVA and business magazine Veckans Affärer and recognised as one of the Top 101 super talents in Sweden by Veckans Affärer. It was also ranked as number two of the hottest start-ups in Sweden by Internet World in 2015.