Aceable is Driving Mobile Education Forward with $4.7M

Silverton Partners Leads Seed Round to Help Expand Drivers Ed App
Nationwide

AUSTIN, Texas–(BUSINESS WIRE)–Today, Aceable,
the creators of the first state approved drivers education app,
announced a $4.7M Seed Round led by Silverton
Partners to expand its national presence in drivers ed, grow the
existing team and enter into new markets and verticals where
professional certifications are required.

Aceable currently offers courses in drivers education, defensive driving
and traffic school in Texas and Florida. The content is modern, engaging
and available across all mobile platforms, allowing students to learn
when they want and how they want. Aceable’s convenient courses save
users both time and money over traditional classroom courses.

“Our goal is to make the required driving education and certification
process enjoyable and accessible to everyone,” said Blake Garrett,
Aceable CEO. “Just in drivers education alone, we’ve already seen 80
percent of our courses completed on a mobile device. Now with additional
funding, we’re excited to be able to offer our mobile drivers ed courses
in other states and continue to add new applications.”

Aceable has shown considerable growth over the last 15 months, including
scaling up to 20 employees, roughly 100,000 users and taking 20 percent
of the market share in Texas. In addition to Silverton
Partners, other investors include Floodgate
Ventures, NextGen
Angels and Capital
Factory.

“We recognize the future of education is in mobile learning,” said
Morgan Flager of Silverton Partners. “Aceable’s product offering is
best-in-class and puts them in a position to bring mobile education to
new markets and verticals.”

According to the Texas Department of Public Safety, non classroom
drivers education (classified as PTDE)* results in a lesser collision
rate than commercial driving school.

*Parent
Taught Driver Education (PTDE)

About Aceable

Aceable is the first mobile app that allows students the convenience of
completing accredited driving courses, on the go. Headquartered in
Austin, Texas, Aceable’s mission is to make drivers ed enjoyable and
accessible to everyone, by replacing boring classroom lectures with fun,
educational content that’s affordable and easy-to-use across all mobile
platforms. The company is starting with Drivers Ed and plans on using
the platform as the foundation for many types of education moving
forward. For more information about Aceable, visit www.aceable.com.

Contacts

DialedPR
Andrea
Holland, 925-915-3003
andrea@dialedpr.com