PrepMe

Infobox_Company
company_name = PrepMe, Inc.
company_
company_type = Test Preparation
company_slogan =
foundation = 2001
location = Chicago, Illinois, USA
industry = Internet, Education
revenue = profit Unknown
key_people = Karan Goel: CEO Avichal Garg: CTO
homepage = [http://www.prepme.com/ PrepMe.com]
num_employees =

PrepMe is a for-profit American company that offers online courses and tutoring for standardized achievement tests, in particular those offered by the Educational Testing Service (ETS), such as the PSAT and SAT, and also the ACT offered by ACT, Inc.

The company was founded in 2001 by a group of Caltech, Stanford, and University of Chicago students in late 2001. It is based in Chicago with a software engineering team in Mountain View, California.

Description

PrepMe uses adaptive learning technology to provide students with a customized test preparation course specifically targeting individual strengths and weaknesses. Students are also provided with one-on-one online tutoring and essay coaching from current students at Stanford and the University of Chicago.cite press release |title= Chicago GSB Student Wins Fortune Small Business Third Annual Business Plan Contest |publisher=University of Chicago |date= 2005-10-24 |url=http://www.chicagogsb.edu/newsmedia/releases/pr2005-10-24_PrepMe_FSB.aspx |format= Online |language= English |accessdate= 2007-08-31 |quote=All curricular materials used by PrepMe.com are written by top scorers from Caltech, Harvard, MIT, Princeton, Stanford, the University of Chicago, and Yale, and are designed to be entertaining and engage today’s students ] cite news |first=Brad |last=Spirrison |authorlink= |coauthors= |title=GrubHub.com Walks Home with Briefcase Full of Greens at Freshwater Live |url=http://www.midwestbusiness.com/news/viewnews.asp?newsletterID=15861 |work=Column |publisher=MidwestBusiness |date=2006-10-27 |accessdate=2007-08-31 |quote=PrepMe is a test preparation company that uses a proprietary technology and tutors from Stanford and the University of Chicago to help teenagers with their SATs and standardized tests]

On February 1, 2007, Maine governor John Baldacci announced that for three years PrepMe planned to let every junior in Maine use its online SAT preparation program without cost to themselves, their school or the state. [http://www.maine.gov/tools/whatsnew/index.php?topic=Portal+News&id=29425&v=article-2006 Office of the Governor Release] .

Over 37,000 students have used the company's programs.cite news |first=Zak |last=Strambor |authorlink= |coauthors= |title=Venture Prone |url=http://magazine.uchicago.edu/0834/features/venture.shtml |work= |publisher=University of Chicago Magazine |date=2008-03-01 |accessdate=2008-03-10 |quote=More than 37,000 students have used it, and more than 100 high schools have incorporated the program into their curriculum.]

Media coverage

PrepMe has garnered significant press coverage for its approach and the founding team itself. This coverage includes:

* [http://money.cnn.com/magazines/fsb/fsb_archive/2005/11/01/8360973/index.html Front Cover] of FORTUNE Magazine’s FORTUNE Small Business (November 2005)
* [http://money.cnn.com/magazines/fsb/fsb_archive/2005/11/01/8360973/index.htm 3 startups to watch] on CNN (November 2005)
* [http://www-news.uchicago.edu/citations/06/061026.goel-ft.html A startup that puts teenagers to the test] in The Business Life of The Financial Times for the launch of the first ever SAT preparation program geared at 6th, 7th, and 8th graders (October 2006)
* [http://images.businessweek.com/ss/06/10/bestunder25/source/8.htm Best Entrepreneurs under 25] recognition for all three co-founders from Business Week Magazine (October 2006)
* [http://www.boston.com/news/local/maine/articles/2007/02/01/company_offers_free_online_sat_preparation_to_maine_juniors/ Company offers free online SAT preparation to Maine juniors] in Boston Globe (February 2007)
* [http://www.techcrunch.com/2007/09/01/starts-ups-change-how-students-study-for-tests/ Start-Ups Change How Students Study for Tests] in TechCrunch (September 2007)
* [http://www.pcmag.com/article2/0,1895,2190155,00.asp Anywhere Test Prep] in PC Magazine (October 2007)

References

External links

* [http://www.prepme.com/ Official website]