Aceable valuation following its latest funding round on September 23, 2016: a Series A for $4M. Read more at https://www.equidam.com/aceable-valuation/

1. VAL U AT I O N B R E AK D O W N
of
$4mAmount Raised
Series A Round
VAL U AT I O N
$17,8m
Post-Money$16m $20m
D R I V E R S
REVENUES BURNOUT MARKET EXPANSION INDUSTRY EXPANSION
The lower amount of funds
raised compared to the past
Seed round only 1 year ago, the
fact that the same three
investors are involved and the
estimate of the costs the
company has to sustain having
39 employees make the
assumption of revenues burnout
very likely.
The company announced
its intention in expanding
the served market to other
states in the US, such as
Georgia, Pennsylvania,
Nevada and Indiana in the
next year.
It’s also in Aceable’s
intentions to expand to new
industries, such as
certificates for commercial
drone operators.
September 23rd, 2016
C O M PA N Y
VA L U AT I O N
A N A LY S I S
Credits for this infographic go to www.equidam.com
25% stake
22,5% stake
20% stake
The series A comes 12 months after the previous round for a lower
amount of funds from the same investors. This is very likely to be a
down-round.
Valuation History
(assumption)
Undisclosed
Seed
$21,1m
Seed
Aceable is a mobile app for drivers education. It offers state-approved
courses, transforming normal lectures into fast-paced, interactive content
to earn driver licenses.
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