Total Equity Funding
$750k in 2 Rounds
Most Recent Funding
$500k Angel on January 1, 2005
Princeton, NJ
ePrep offers online video instructions provided by expert teachers to help students reach their education goals.
Education, Finance, Video, Tutoring, Test and Measurement

Company Details


ePrep provides online, video instruction by expert teachers to help students of all abilities reach their education goals. Using a well established "test-grade-review" methodology and a proprietary online, video-based delivery platform, ePrep makes connecting with an expert affordable and possible—anytime and from virtually anywhere in the world. The company currently offers SAT and PSAT test prep courses which feature nearly 1,500 detailed video explanations.

ePrep was established in the fall of 2005 by fellow Princeton University graduates, Karl Schellscheidt and Eric Barnes. For the past 16 years, Karl has been helping students from his community prepare for tests like the SAT, PSAT, ACT, SSAT, and LSAT. Karl's class of 2007 was admitted to schools that include Brown, Bucknell, Colgate, Columbia, Cornell, Dartmouth, Georgetown, NYU, Princeton and UPENN. Don Betterton (former Director of Financial aid at Princeton for 30 years), Seamus Malin (former Admissions and Administrator at Harvard for 40 years), and Fred Hargadon (former Director of Admissions at Princeton, Stanford and Swathmore) serve on ePrep's Advisory Board.

Funding Rounds (2) - $750k

DateAmount / RoundValuationLead InvestorInvestors
Jan, 2005$500k / Angel0
Jan, 2005$250k / Seed0

Current Team (3)


Competitors (6)

  • Brightstorm provides online video tutoring lessons that help students complete their homework or prepare for tests.
  • Kaplan, Inc., a subsidiary of Graham Holdings Company, is a premier provider of educational services for individuals.
  • PrepMe is an adaptive learning platform that provides online courses and tutoring for standardized assessment tests.
  • Princeton Review offers classroom-based print and online products and services to students, educators and educational institutions.
  • The Academic Advantage is a tutoring and test preparation company focused on one-on-one and group tutoring.
  • Udemy is the online learning and teaching marketplace. Its mission is to help anyone build the life they imagine.

Offices/Locations (1)

  • Office

    340 Wall Street

    Princeton, NJ 08542


Past Team (1)


Images (1)


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