Aceable, an Austin, Texas-based company that offers digital courses for people advancing their life goals through licensing, certification, and training, raised $47m in Series B funding.
The round was led by Sageview Capital. In conjunction with the funding, Dean Nelson and Mike McClure of Sageview Capital will be joining the Aceable board of directors.
The company intends to use the funds expand its national presence, grow the team and move into new industries.
Led by Blake Garrett, CEO, Aceable is a mobile education platform that offers accredited education via dynamic content across all platforms and devices. Over the last 12 months, the company has served more than over 550,000 students and scaled to over 100 employees.
Other backers in the startup include Silverton Partners, Floodgate Fund, Next Coast Venture Partners, Wildcat VC, Nextgen Partners and the Capital Factory Fund.