LTG Exam Prep Platform Lands $5,330,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=38892740-73c8-44c4-bd9a-cfa3e4f8ab77
Date
3/3/2016
Company Name
LTG Exam Prep Platform
Mailing Address
76 Summer Street 5th Floor Boston, MA 02110 USA
Company Description
LTG Exam Prep Platform is a tech-education company developing a robust self-learning mobile platform to enable students and others to study for standardized tests.
Website
http://www.prep4gmat.com
Transaction Type
Venture Equity
Transaction Amount
$5,330,000
Transaction Round
Series A
Proceeds Purposes
LTG plans to add to their senior management team, work on strategy for all aspects of the business and develop new revenue-generating products. LTG also said it will be dedicating part of the Series A funding to make products and services for universities and schools to market to students and help them achieve their enrollment goals.
M&A Terms
Venture Investor
Square Peg Ventures
Venture Investor
Accomplice
Venture Investor
Undisclosed