DigiExam, the tech start up that allows students to write exams on their own laptops and teachers to create exams, evaluate and re-connect with students digitally has brought in new investors.
Sven Hagströmer and the family Hobohm-Hielte have invested in the company. Sven Hagströmer comes with plenty of experience from the Swedish financial industry and has previously invested in promising and successful tech start-ups. Hagströmer was one of the first investors and also former Chairman of Klarna and he see’s a great potential in DigiExam:
“It’s a brilliant idea, and the guys have implemented it in a very good way. This service is something that is really needed and it allows teachers to win a lot of time. There’s also a good chance that it will be a good investment.” said Sven Hagströmer to Dagens industri.
The company was founded in late 2011 by former business school students Johan Hagglund and Nima Marefat who experienced the frustration of having to write long exams with pen and paper. After launching in March this year DigiExam has gone from 3 to 16 schools using the system. The customers are well-known schools such as the Stockholm School of Economics, Royal Institute of Technology, Lund University and the Viktor Rydberg schools.
The company says the investment will help the company to further establish itself stronger in Sweden, as well as expanding the business into new markets. Already, the company has schools that use the system in four countries.
Johan Hägglund, CEO of the DigiExam commented
“We are very pleased about the investment and it helps us to expand our sales and to improve our services even further. We have had a great start in the home market but we already have customers all around Europe so of course we are interested in looking into new markets.”
Previously, the company has received investment from a group of private investors, one of whom is Jeremias Andersson, founder of Academic Work.