Company Performance Metrics
Eva Prokop: VP Business DevelopmentPast Role: PrepMe, VP of Business Development
PrepMe is an adaptive learning company coming out of the University of Chicago's business incubator. Founded in 2001, the company offers test preparation for the SAT, PSAT, and ACT, using an adaptive algorithm to customize the preparation course for each student. While many other companies have claimed to "invent" adaptive learning
platforms, PrepMe was the first to market in the March 2011 opening of its Coursification™ platform.
Unlike many other test prep offerings, PrepMe doesn’t calculate the best lesson plan once, but continuously as you work your way through the material. Their system keeps track of what questions you get right and wrong, working you harder on the types of questions you miss. Additionally, customers can connect electronically, using email or real time chat, with high scoring college students who serve as tutors.
In February 2007 the company announced that in conjunction with a philanthropist, they are making their services available to every high school junior in the state of Maine for three years.
In 2008, PrepMe won a Chicago Innovation Award for its revolutionary approach to test prep. In 2011, the Software Information Industry Association listed PrepMe as one of its top 10 innovators for the company’s Coursification™ platform.
In July 2011, the company announced that its online classroom and Coursification™ platform had been acquired by Ascend Learning, backed by Providence Equity. PrepMe will continue providing test prep and Coursification™ services to the K-12 market.
