Aceable, the Austin-based mobile edtech service for state-accredited classes, is getting an "A" from investors again as private equity firm HGGC pours $50
What happened
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Why it matters
In the eight years since Aceable’s launch, the company has grown from a driver’s ed test prep service to an online training tool for drivers and real estate agents.
Only four years ago, Aceable was raising $4 million in financing, from investors including Floodgate Capital and Silverton Partners.
Now, with another $50 million in the bank and more than $100 million in total capital raised, Aceable is looking to grow the number of certifications it offers — with a special focus on professional development.
This news brief is based on reporting published by TechCrunch on 2020-12-17. The original report is linked below.
TechCrunch
https://techcrunch.com/2020/12/17/austins-edtech-startup-aceable-adds-another-50-million-for-accelerated-expansion/This independent news brief is based on the public source identified above. It is an original summary or translation, not a reproduction of the source article. Rights in source text, research, trademarks and images remain with their respective owners; images are used under the licence or permission identified in the credit. Rights holders may contact rights@goodproductasia.com with evidence of ownership. Verified concerns will be corrected, replaced or removed promptly. This report is not investment, legal, medical or purchasing advice.
