[November 15, 2012]

Always Prepped announces $650k in seed funding

Always Prepped, an education technology startup, announced today that it has raised $650,000 in seed funding. The round is led by Silicon Valley-based True Ventures with participation from angel investors including Hooman Radfar (News - Alert), Chairman and Founder of data giant AddThis, and former Blackboard EVP Todd Gibby.

Designed in collaboration with over 200 active and former teachers, Always Prepped's mission is to create a data-driven classroom to improve student performance. Founder and CEO Fahad Hassan said his company's goal is to make data consumable for teachers.

"We know that teachers use assessment tools, behavior tracking apps, attendance systems and other programs to monitor student progress, but the problem is the data's everywhere. By creating one centralized dashboard to manage all of these data points, we're filling a major void in education," he said.

Being involved in education for the past seven years, Hassan is familiar with both the marketplace and the needs of educators. His first company, Daylert, a higher education-focused startup, was acquired in 2008 by Intelliworks, a leading CRM platform. Hassan's industry experience and strong passion for drectly improving educational outcomes resonated with lead investor True Ventures, said True Ventures founding partner John Burke.

"We are inspired by Fahad's dedication to helping both students and teachers succeed in the classroom. We believe that Fahad's passion, combined with his early success as a founder, put him and his team in a position to achieve tremendous success with Always Prepped," he said.

Always Prepped is currently available in beta for all K-12 teachers.

About Always Prepped

Always Prepped Inc. is a Washington, D.C.-based education technology startup focused on classroom data management for the K-12 marketplace. Always Prepped aggregates and analyzes student classroom performance, attendance and behavior metrics from several online programs in a single dashboard for teachers. Always Prepped is funded by True Ventures, a Silicon Valley-based venture capital firm that invests in early-stage technology startups. To learn more about Always Prepped, visit www.alwaysprepped.com.

About True Ventures

Founded in 2006, True Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups. With three funds and approximately $600 million in capital under management, True provides seed and Series A funding to the most talented entrepreneurs in today's fastest growing markets. With a mission to make the world a better place for entrepreneurs, True encourages each founder's vision and has built resources to empower the employees, families and communities of its portfolio companies. The firm maintains a strong founder community and offers innovative educationalopportunities to its portfolio, helping entrepreneurs achieve higher levels of success and impact. To learn more about True Ventures, visit www.trueventures.com.

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