MasteryPrep Raises $3.6M to Expand Suite of ACT Prep Products

MASTERYPREP has raised a $3.6M round of debt and equity financing. The Catalyst Group led the round, and Liquid Ventures, Jennifer and Sean Reilly, Maple Leaf, the Frazer family Advantage Capital also participated. The Baton Rouge, LA-based company makes a suite of online and offline products and services that aid in student ACT preparation, focusing on low-income students and-resourced schools. MasteryPrep claims to have grown its revenue from $30,000 in 2012, its founding year, to $4.7 million in 2015.

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