About Next Step Test Prep
Next Step Test Prep is a company based in Chicago (United States) founded in 2009 was acquired by New Harbor Capital in April 2018.. Next Step Test Prep offers products and services including Self-Paced Course, Live Online Course, Tutoring, and Practice Exam Bundle. Next Step Test Prep operates in a competitive market with competitors including Vedantu, Varsity Tutors, Princeton Review, Descomplica and Meritnation, among others.
- Headquarter Chicago, United States
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Education
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Latest Funding Round
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Acquired by
New Harbor Capital
(Apr 16, 2018)
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Products & Services of Next Step Test Prep
Next Step Test Prep offers a comprehensive portfolio of products and services, including Self-Paced Course, Live Online Course, Tutoring, and Practice Exam Bundle. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flexible modules with videos and practice for MCAT prep.
Live instruction and coaching for MCAT exam strategies.
One-on-one sessions to improve MCAT performance quickly.
AI-powered exams and questions for MCAT simulation.
Funding Insights of Next Step Test Prep
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Next Step Test Prep
Next Step Test Prep has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include New Harbor Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A private equity firm based in Chicago, focused on transforming businesses.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Next Step Test Prep
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Next Step Test Prep
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Next Step Test Prep Comparisons
Competitors of Next Step Test Prep
Next Step Test Prep operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Vedantu, Varsity Tutors, Princeton Review, Descomplica and Meritnation, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Live interactive K-12 tutoring platform is provided online.
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Live online tutoring and test prep platform is operated.
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Test preparation for standardized exams is provided online.
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Online platform for ENEM exam preparation is offered to students.
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Provider of tutoring and learning resource platform for students
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Listing platform connecting students with online and offline tutors
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Next Step Test Prep
When was Next Step Test Prep founded?
Next Step Test Prep was founded in 2009.
Where is Next Step Test Prep located?
Next Step Test Prep is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
What does Next Step Test Prep do?
Next Step Test Prep was founded in 2009 in Chicago, United States. A closed marketplace for test preparation tutors is operated within the education sector. Online and offline tutoring services are provided for exams including MCAT, LSAT, GMAT, and GRE. Resources such as practice tests, customized programs, lesson plans, and personalized schedules are offered. Students are matched with tutors based on diagnostic exam results, strengths, and weaknesses.
Who are the top competitors of Next Step Test Prep?
Next Step Test Prep's top competitors include Vedantu, Varsity Tutors and Meritnation.
What products or services does Next Step Test Prep offer?
Next Step Test Prep offers Self-Paced Course, Live Online Course, Tutoring, and Practice Exam Bundle.
Who are Next Step Test Prep's investors?
Next Step Test Prep has 1 investor. Key investors include New Harbor Capital.