Noodle Acquires Clark to Power Its Test Prep and Tutoring Service

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Noodle Acquires Clark to Power Its Test Prep and Tutoring Service

Sep 18, 2019

Noodle, a New York-based provider of services to connect students and colleges, has bought Clark, a New York-based tutoring management service provider. Financial terms of the deal were undisclosed. TechCrunch reports that the startup’s investors will receive equity in Noodle.

Founded in 2016, Clark provides software that helps tutors manage backend services for their business, including communication, scheduling and processing. The company claims to have hosted over 25,000 tutoring sessions on its platform.

In a statement Monday, Clark says that its technology will serve as the “backbone” for Noodle Pros, a division of Noodle that offers one-on-one test prep and tutoring services. Clark’s co-founders Megan O’Connor and Sam Gimbel will stay onboard to support this effort.

The company has raised a total of $3.5 million across two rounds, including a $2.2 million seed round in 2017. Its investors include Lightspeed Ventures, Rethink Education, Flatworld Partners and Winklevoss Capital.

Noodle was founded in 2010 by John Katzman, who previously started test prep company Princeton Review and online program manager 2U.

Other test prep and tutoring deals this year include Varsity Tutors acquiring Veritas Prep, Zovio’s purchase of TutorMe for $2.79 million, and Jaranda raising $2.6 million.

 

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