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Higher Learning Technologies

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HLT specializes in using mobile technology to create better education solutions

Coralville, United StatesFounded 2012Edtech
Valuation $0–100M Latest valuation · 2017
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Higher Learning Technologies

Higher Learning Technologies (HLT), established in 2012 by co-founders Adam Keune, Alec Whitters, and Ben O'Connor, has carved a significant niche in the mobile education sector. The company originated from the founders' own experiences as students at the University of Iowa, where they recognized a need for more efficient and accessible study tools. This insight led to the development of mobile applications designed to help students prepare for standardized tests. The initial focus was on the dental board exams, a direct result of the founders' academic pursuits.

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HLT's business model centers on creating and distributing digital test preparation and learning solutions through mobile applications. The company monetizes its products through a freemium model, offering a substantial amount of free content to users, with the option to purchase the full suite of study materials. This strategy has proven effective, attracting a broad user base across various professional and academic fields. HLT's product portfolio is extensive, covering over 100 different subjects, with a strong emphasis on healthcare-related exams, including medical, dental, and nursing board certifications. The applications provide users with practice questions, detailed rationales, and progress-tracking features to optimize their study efforts.

The company's primary clients are students and professionals seeking to pass high-stakes certification exams. HLT operates within the global EdTech market, specifically targeting the test preparation segment. By partnering with leading educational publishers and organizations, HLT ensures the content within its apps is credible and aligned with current exam standards. This collaborative approach allows them to offer customized digital learning solutions for various institutions. The platform's key benefit is its convenience, enabling users to study anytime and anywhere from their mobile devices. Over the years, HLT has achieved considerable scale, reporting millions of downloads across more than 175 countries, solidifying its position as a major player in mobile learning. The company was acquired by private equity firm STG in 2020.

Source: Dealroom company data

At a glance

Founded
2012
Headquarters
Coralville, United States
Sector
Edtech

Latest news

Press, funding announcements and product moves mentioning Higher Learning Technologies.

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Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

  • Josh Cramer
  • Richard Ferguson
  • Bruce Lehrman

Series A2 investors entered at this stage

  • Act Venture Capital
  • Next Level Ventures
Team profiled 26 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇺🇸 United States85%
🇷🇸 Serbia5%
🇪🇬 Egypt2.5%
🇮🇳 India2.5%
🇨🇦 Canada2.5%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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