Cadmus secures backing to safeguard university learning in the age of AI

Australian EdTech company Cadmus has completed a notable fundraise to help universities safeguard academic integrity, improve learning outcomes, and adapt assessment for the era of generative AI.

The round was led by SEEK Investments and Glitch Capital, and will accelerate Cadmus’ expansion into the United States—building on its rapid adoption across Australia, the UK, and other international markets.

Cadmus is a research-backed, university-partnered platform that delivers a fully scaffolded, end-to-end assessment ecosystem. Built with the sector, for the sector, Cadmus tackles real institutional needs—designing assessments with educators to support authentic student learning, uphold academic integrity in the age of AI and reduce educator administrative workload.

Unlike point solutions that address only one part of the assessment process, Cadmus enables universities to design, deliver, and mark authentic assessments end-to-end, ensuring student learning remains meaningful and measurable in an AI-driven world. Andrew Bassat, Co-founder of SEEK and CEO of SEEK Investments, said Cadmus stood out in the evolving EdTech landscape for its comprehensive approach.

“ChatGPT has created a real challenge for how universities handle assessments that’s still unsolved almost three years after its launch. Cadmus is unique in building a holistic assessment platform that helps improve students’ learning outcomes while AI is used properly—rather than trying to ‘catch out’ students with tools that aren’t always accurate.”

Bassat said the investment aligned with SEEK Investments’ interest in category-defining platforms:

“Most of the solutions in the assessment space are point solutions. We were hoping to meet a founder tackling the problem end-to-end, and we were very excited when we met Herk and Brigitte. Their broad platform that allows educators to improve assessment—and their strong adoption among leading universities in Australia and the UK—made Cadmus an exceptional opportunity.”

Ryan Fitzpatrick, Managing Partner at Glitch Capital, said Cadmus had all the hallmarks of a great SaaS business.

“Cadmus solves a real problem with clear product-market fit, strong growth, and exceptional retention. We’re particularly excited by the opportunity to build on their growing momentum in international markets,” Fitzpatrick said.

“Universities are navigating the growth in online education, the impact of generative AI on academic integrity, and increasingly tight budgets. Cadmus helps institutions address these challenges while improving academic outcomes, offering a solution that improves integrity, saves time, and supports more effective teaching and learning.”

Cadmus Co-CEO Herk Kailis said the raise marks a significant step in scaling the company’s global impact.

“This investment marks a significant evolution for Cadmus—one that reflects our broader mission to support universities through a period of profound change. As the sector faces increasing pressure to do more with less, we’re committed to helping institutions deliver outstanding learning and assessment outcomes in a financially sustainable way. By combining deep pedagogical expertise with scalable, cost-effective technology, we’re empowering universities to navigate digital transformation with confidence.”

Co-CEO Brigitte Elliott said the company’s work goes beyond technology to support the fundamental purpose of higher education.

“We’re designing assessment environments that promote curiosity, academic pride, and meaningful learning. By supporting educators as mentors and reinforcing the role of universities as centres of knowledge and research—not just credential providers—we’re helping institutions protect the core mission of higher education in the age of AI.”

With a strong base of flagship “lighthouse” customers in Australia and the UK, Cadmus is now focused on building strategic partnerships with leading US universities to co-develop its offering for the American market. The funding will accelerate market entry, enabling Cadmus to adapt its platform to local needs while supporting responsible AI use in assessment— ensuring that technology enhances, rather than undermines, genuine student learning.