About TrueLearn
TrueLearn is a company based in Pittsburgh (United States) founded in 2013.. TrueLearn has completed 3 acquisitions, including APEX Anesthesia Review, Medality and Picmonic. TrueLearn offers products and services including SmartBanks and Free Trials. TrueLearn operates in a competitive market with competitors including AMBOSS, Lecturio, ArcherReview, Pastest and NCLEX Mastery, among others.
- Headquarter Pittsburgh, United States
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Sectors
Education
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Email
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Phone
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Website
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Social
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- Legal Name Truelearn, Llc
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Investments & Acquisitions
APEX Anesthesia Review
& 2 more
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Products & Services of TrueLearn
TrueLearn offers a comprehensive portfolio of products and services, including SmartBanks and Free Trials. 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.
Interactive question bank for medical exam preparation and analytics.
Introductory access to exam prep resources for users.
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Funding Insights of TrueLearn
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2020 | Amount | Seed - TrueLearn | Valuation | LLR Partners |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in TrueLearn
TrueLearn has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include LLR Partners. 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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Private equity firm investing in technology and healthcare businesses for growth capital.
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Founded Year | Domain | Location |
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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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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TrueLearn
TrueLearn has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include APEX Anesthesia Review, Medality and Picmonic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
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Provider of radiology practice development platform offering training and upskilling solutions.
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2020 | ||||
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Medical courses are provided via an online platform.
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2012 | ||||
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Visual learning platform is provided for medical students' exam preparation.
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2011 |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TrueLearn
| 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 |
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Truelearn Comparisons
Competitors of TrueLearn
TrueLearn 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 AMBOSS, Lecturio, ArcherReview, Pastest and NCLEX Mastery, 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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| domain | founded_year | HQ Location |
Mobile and cloud-based resources for medical exams are delivered.
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Online medical education platform for professionals and students is operated.
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| domain | founded_year | HQ Location |
Coaching classes for medical and nursing exam preparation are offered.
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| domain | founded_year | HQ Location |
Provides a mobile platform for medical exam preparation solutions.
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Develops apps for nursing certification exams and healthcare training.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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Latest news on Truelearn
Frequently Asked Questions about TrueLearn
When was TrueLearn founded?
TrueLearn was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Where is TrueLearn located?
TrueLearn is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
What does TrueLearn do?
TrueLearn was founded in 2013 in Pittsburgh, United States, and operates in the edtech sector. SaaS-based platforms are provided for test preparation targeting exams such as COMLEX-USA, USMLE, Anesthesiology, General Surgery, Emergency Medicine, and Physician Assistant. Adaptive testing that mirrors actual exams is featured, along with videos and visual learning tools tailored to user proficiency. Access is available on Android and iOS devices.
Who are the top competitors of TrueLearn?
TrueLearn's top competitors include AMBOSS, Lecturio and ArcherReview.
What products or services does TrueLearn offer?
TrueLearn offers SmartBanks and Free Trials.
How many acquisitions has TrueLearn made?
TrueLearn has made 3 acquisitions, including APEX Anesthesia Review, Medality, and Picmonic.
Who are TrueLearn's investors?
TrueLearn has 1 investor. Key investors include LLR Partners.
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