Austin-based Aceable lands $50M to expand online education platform
Summary
The company offers drivers education and defensive driving classes, as well as real estate certification courses. Rather than attending class in person on a set schedule, Aceable lets students do state-approved coursework and take tests whenever they want using mobile apps or the internet. With millions of Americans experiencing job losses related to the coronavirus pandemic, many are turning to online courses to broaden existing skills or learn new ones, said Blake Garrett, founder and CEO of Aceable. Aceable will target occupational licensing in healthcare, food and beverage and financial services such as mortgage loan underwriting, he said. Aceable has raised more than $100 million to date from investors including Silverton Partners, Floodgate and Capital Factory.