Company:BenchPrep
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| Formerly | Watermelon Express |
|---|---|
| Industry | Education |
| Founded | 2009 |
| Founder | |
| Headquarters | Chicago, Illinois |
| Website | benchprep |
BenchPrep is an American company that provides cloud-based study guides for standardized tests, professional certifications, and K-12 classroom learning. It has partnered with educational publishers such as McGraw Hill, John Wiley & Sons , and the Princeton Review to create interactive, digitized courses.[5][6]
History
BenchPrep, formerly known as Watermelon Express, was founded in 2009 by Ashish Rangnekar and Ujjwal Gupta,[7] after Ashish Rangnekar won the New Venture Challenge at the University of Chicago.[8][9] Shortly thereafter, BenchPrep received $2.2 million in seed funding from Lightbank, the executives behind Groupon.[10] In July 2012, the company announced a $6 million round of funding from New Enterprise Associates and Revolution LLC.[11][12]
In 2019, the company announced a $20 million round of funding from Jump Capital and Owl Ventures.[13][14]
References
- ↑ "How BenchPrep went from side hustle to fast-growing e-learning company" (in en). https://www.builtinchicago.org/2018/02/16/benchprep-chicago-growth-story.
- ↑ "How Angry Birds & Farmville can help students score better". The Economic Times. 2012-05-28. https://economictimes.indiatimes.com/tech/software/how-angry-birds-farmville-can-help-students-score-better/articleshow/13424181.cms.
- ↑ "How BenchPrep went from side hustle to fast-growing e-learning company" (in en). https://www.builtinchicago.org/2018/02/16/benchprep-chicago-growth-story.
- ↑ "How Angry Birds & Farmville can help students score better". The Economic Times. 2012-05-28. https://economictimes.indiatimes.com/tech/software/how-angry-birds-farmville-can-help-students-score-better/articleshow/13424181.cms.
- ↑ Josh Constine (2010-01-05). "BenchPrep is Code Academy for any Subject". Techcrunch. https://techcrunch.com/2012/01/05/benchprep/.
- ↑ Rip Empson (2012-05-14). "BenchPrep Teams up with The Princeton Review to Gamify Test Prep". Techcrunch. https://techcrunch.com/2012/05/14/benchprep-teams-up-with-the-princeton-review-to-gamify-test-prep/.
- ↑ Steve Hendershot (2012-07-03). "BenchPrep Snares 6 Million Investment". Chicago Business. http://www.chicagobusiness.com/article/20120703/BLOGS06/120709957/benchprep-snares-6-million-investment.
- ↑ Brad Spirrison (2011-09-23). "Local App Developers Rise to the Head of the Class". NBC Chicago. http://www.nbcchicago.com/blogs/inc-well/Local-App-Developers-Rise-to-the-Head-of-the-Class-Guest-128270998.html.
- ↑ "Traditional NVC Winners". 2010. http://research.chicagobooth.edu/nvc/traditional-nvc-winners.aspx#winners!year2010.
- ↑ Steve Hendershot (2012-11-12). "BenchPrep Leaving Textbooks in the Dust". Chicago Business. http://www.chicagobusiness.com/article/20121110/ISSUE02/121109704/benchprep-leaving-textbooks-in-the-dust.
- ↑ "The Daily Start-Up NEA Revolution Back BenchPrep for Online Education". Online.wsj.com. 2012-07-03. https://blogs.wsj.com/venturecapital/2012/07/03/the-daily-start-up-nea-revolution-back-benchprep-for-online-education/.
- ↑ Lora Kolodny (2012-07-03). "BenchPrep Passes Series B Test, Raises $6M". Dow Jones & Company. http://pevc.dowjones.com/Article?an=DJFVW00020120703e873awagy&cid=32135016&ctype=ts&pid=32&ReturnUrl=http%3a%2f%2fpevc.dowjones.com%3a80%2fArticle%3fan%3dDJFVW00020120703e873awagy%26cid%3d32135016%26ctype%3dts%26pid%3d32.
- ↑ BenchPrep (2019-01-15). "BenchPrep Closes $20 Million Series C Round of Funding Co-Led by Jump Capital and Owl Ventures". http://www.globenewswire.com/news-release/2019/01/15/1691582/0/en/BenchPrep-Closes-20-Million-Series-C-Round-of-Funding-Co-Led-by-Jump-Capital-and-Owl-Ventures.html.
- ↑ "BenchPrep raises $20M Series C to double headcount, boost product development" (in en). https://www.builtinchicago.org/2019/01/15/benchprep-20-million-funding-round.
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