Aceable Closes $4M Series A Funding
Summary
Aceable, an Austin, Texas-based creator of the first state-approved drivers education app, raised $4M in Series A funding.The round was co-led by existing investors Silverton Partners and Floodgate with participation from NextGen Angels, Capital Factory, as well as pro-rata investors and strategic investments.The company intends to use the funds to expand into new industries that require professional certifications, while continuing to grow their drivers ed app state-by-state, including Georgia, Pennsylvania, Nevada and Indiana.Led by Blake Garrett, Founder and CEO, Aceable is a mobile education platform that focuses on providing accredited drivers ed courses (in Texas and California) and now expanding into such as real estate, corporate HR, nursing and food safety – all areas where certifications are required.To date, the company touts more than 300,000 users in Texas, California, Florida, Ohio and Illinois.