Driver's ed app Aceable raises $4 million
【Summary】Driver’s ed app Aceable raises $4 million
Although self-driving vehicles feel like a near future reality, people still need driver's licenses to get around independently in cars today.
Now, an Austin, Texas startup called Aceable has raised $4 million in Series A funding to deliver driver's education in a mobile app. Silverton Partners and Floodgate Ventures co-led the round.
Aceable's app alleviates the need for drivers (or would-be drivers) to attend courses in person and on someone else's schedule. Once they take a driver's ed course via Aceable, users typically have to go take a final driving and written test at their local Department of Motor Vehicles.
Not all states accept digital education for licensure. But many do, and Aceable is already operational with local, regulatory approvals in: Texas, Florida, California, Ohio and Illinois.
The company will be expanding to Georgia, Pennsylvania, Nevada and Indiana over the next year. Additionally, Aceable plans to use its funding to develop curriculum beyond driver's ed, said CEO and founder Blake Garrett.
hat makes sense, in part because younger generations are not as likely to get driver's licenses as their elders. Blame it on everything from ridesharing to hoverboards. But one University of Michigan study found that just 24.5% of 16 year olds had a driver's license in 2014, a drop from 46.2% in 1983.
Luckily for Aceable's long-term prospects, an estimated 25% of jobs in the U.S. require certifications of some kind. Examples include real estate agents, nurses, personal fitness trainers and bartenders.
The company is evaluating nascent industry segments too, Garrett said.
For example, commercial drone operators in the U.S. have to pass an aeronautical knowledge test and register their unmanned aerial vehicles with the FAA. And owners and operators of marijuana dispensaries require different training and certifications depending on state laws.
resource from: The Crunch
Lydia is the project manager of audience development and social media at Futurecar. Lydia started her career in Tokyo at a Fortune Global 500 company before moving to Silicon Valley. Lydia put her bilingual skills to the test by covering the automobile industry and entrepreneurship. Her other journalism experience includes a sports reporting internship at Titan Media and numerous freelance writing gigs. Her professional skills include content optimization, business innovation, and working with industry trends in technology sectors. Lydia holds an M.A in Public Policy from Hitotsubashi University and B.A. in Arts Journalism from Fudan University.
Nov 30th, 2017 News of the Day: Volvo’s car subscription service sounds like good way to get the new XC40
Nov 29th, 2017 News of the Day: BMW unveils new i8 Roadster and Coupe with more electric range
Nov 28th, 2017 News of the Day: Lynk & Co. starts selling an SUV with a dedicated car share button in China
Oct 13th, 2017 News of the Day: Baidu plans to mass produce Level 4 self-driving cars with BAIC by 2021
Oct 12th, 2017 News of the Day: CarGurus spikes 72% in auto marketplace IPO
Oct 11th, 2017 News of the Day: Ford invests in Autonomic to make open-source mobility service platform
Oct 10th, 2017 News of the Day: Nvidia unveils new supercomputer for level 5 autonomous driving
Oct 9th, 2017 News of the Day: Renault launches its own new energy subsidiary to develop grid products
- Honda Boss Takahiro Hachigo Doesn’t Believe EVs Will Go Mainstream
- Volkswagen Unveils its ID.3, the Electric Car That Will Take On Tesla
- Hyundai Launches ‘BotRide’ Autonomous SUVs in California with Pony.ai & Via
- Volkswagen ID.4 Might Be $24,000 Less Than the Tesla Model Y
- General Motors Recalls 3.46 Million Vehicles in North America for Brake Problem
- What We Know About the 2020 Honda e Urban Electric Car So Far
- Toyota is Using Tesla-style Panasonic Batteries for its China Hybrid Models
- BMW i5 and iX1 Electric Vehicles Confirmed
- AAA Study Finds Pedestrian Detection Systems Perform Inconsistently
- Here’s What You Need to Know About Neuron's Electric Semi and Pickup Truck