|[November 15, 2012]
Always Prepped announces $650k in seed funding
WASHINGTON --(Business Wire)--
Always Prepped, an education technology startup, announced today that it
has raised $650,000 in seed funding. The round is led by Silicon
Valley-based True Ventures with participation from angel investors
including Hooman Radfar (News - Alert), Chairman and Founder of data giant AddThis, and
former Blackboard EVP Todd Gibby.
Designed in collaboration with over 200 active and former teachers,
Always Prepped's mission is to create a data-driven classroom to improve
student performance. Founder and CEO Fahad Hassan said his company's
goal is to make data consumable for teachers.
"We know that teachers use assessment tools, behavior tracking apps,
attendance systems and other programs to monitor student progress, but
the problem is the data's everywhere. By creating one centralized
dashboard to manage all of these data points, we're filling a major void
in education," he said.
Being involved in education for the past seven years, Hassan is familiar
with both the marketplace and the needs of educators. His first company,
Daylert, a higher education-focused startup, was acquired in 2008 by
Intelliworks, a leading CRM platform. Hassan's industry experience and
strong passion for drectly improving educational outcomes resonated
with lead investor True Ventures, said True Ventures founding partner
"We are inspired by Fahad's dedication to helping both students and
teachers succeed in the classroom. We believe that Fahad's passion,
combined with his early success as a founder, put him and his team in a
position to achieve tremendous success with Always Prepped," he said.
Always Prepped is currently available in beta for all K-12 teachers.
About Always Prepped
Always Prepped Inc. is a Washington, D.C.-based education technology
startup focused on classroom data management for the K-12 marketplace.
Always Prepped aggregates and analyzes student classroom performance,
attendance and behavior metrics from several online programs in a single
dashboard for teachers. Always Prepped is funded by True Ventures, a
Silicon Valley-based venture capital firm that invests in early-stage
technology startups. To learn more about Always Prepped, visit www.alwaysprepped.com.
About True Ventures
Founded in 2006, True Ventures is a Silicon Valley-based venture capital
firm that invests in early-stage technology startups. With three funds
and approximately $600 million in capital under management, True
provides seed and Series A funding to the most talented entrepreneurs in
today's fastest growing markets. With a mission to make the world a
better place for entrepreneurs, True encourages each founder's vision
and has built resources to empower the employees, families and
communities of its portfolio companies. The firm maintains a strong
founder community and offers innovative educationalopportunities to its
portfolio, helping entrepreneurs achieve higher levels of success and
impact. To learn more about True Ventures, visit www.trueventures.com.
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