What is One Exam Prep?
One Exam Prep operates as a premier educational institution specializing in contractor exam preparation, primarily serving the Florida market with an expansive reach across the United States. With a reported 97% pass rate and a legacy of over 70,000 graduates, the company distinguishes itself through a hybrid pedagogical approach that combines 1-on-1 tutoring with comprehensive digital resources. Beyond mere test preparation, the firm provides critical administrative support for state and county construction licensing, effectively acting as a bridge between aspiring contractors and regulatory compliance. Their business model is anchored in high-demand continuing education and flexible online course delivery, positioning them as an essential partner for professionals seeking to navigate the rigorous requirements of the construction industry.
How much funding has One Exam Prep raised?
One Exam Prep has raised a total of $299K across 2 funding rounds:
Debt
$150K
Debt
$149K
Debt (2020): $150K with participation from PPP
Debt (2021): $149K led by PPP
Key Investors in One Exam Prep
PPP
Public-Private Partnership
What's next for One Exam Prep?
With the recent influx of capital, One Exam Prep is well-positioned to accelerate its national expansion strategy and enhance its proprietary educational technology platform. The company is expected to focus on diversifying its curriculum to address emerging regulatory standards in additional states, thereby broadening its total addressable market. Furthermore, the strategic deployment of these funds will likely facilitate the integration of advanced analytics to further optimize student success rates and streamline the permit application process. As the construction sector continues to face a shortage of licensed professionals, One Exam Prep's commitment to high-touch, personalized support provides a significant competitive moat, ensuring long-term viability and continued dominance in the vocational training vertical.
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