LTG Exam Platform develops free mobile test-prep apps, including Prep4SAT, Prep4GMAT and the recently launched Prep4GRE for iOS and Android. The apps use a proprietary algorithm that detects students' individual learning patterns and dynamically optimizes their study process. Led by founder and CEO Elad Shoushan, the company says its apps have been downloaded by half a million students worldwide to date. The company intends to use the Series A proceeds to build out senior management and invest in product, engineering, user experience, branding, demand generation and distribution. LTG also plans to increase its portfolio of free consumer apps and develop revenue streams through new products and services that help universities, business schools and other institutions meet marketing and enrollment objectives. LTG Exam Platform builds free standardized-test apps Prep4GMAT and Prep4SAT, which offer flashcards and practice quizzes. The apps use the company’s patented Label Study Method, a text-processing module that highlights words in practice questions tied to tested concepts and adapts problem sets to each student’s learning. Both apps are available for free on iOS and Android. Led by founder and CEO Elad Shoushan, the company plans to expand its engineering and product teams in Israel and Boston. LTG intends to add new apps to its lineup and drive growth of its existing Prep4SAT and Prep4GMAT products. The company recently received additional seed funding to support these plans. LTG Exam Prep Platform builds mobile apps for standardized-test preparation, launching initially on iOS and releasing an Android app last week. Its core product uses a patented Label Study Method, a text-processing module that highlights words in practice questions to link them to tested concepts and visual cues. The company offers apps such as Prep4GMAT and a tutor marketplace that connects users with certified tutors in real time. LTG says its apps pinpoint areas where users need improvement and will use proprietary algorithms to create personalized study courses. With new funding, the company plans to develop additional test-specific apps, including an SAT app currently in development. The test-prep market it operates in is noted in the article as valued at $861 million.

Total raised

$12M

Funding rounds

3

Latest round

Series A

Latest activity

Mar 2016