PrepTech Foundation
PrepTech Foundation is a US-based 501(c)(3) nonprofit founded in 2024 that delivers affordable SAT and ACT test preparation classes taught by high-scoring high school and college student instructors, serving individual high school and college-bound students through its website and GoFundMe-funded free or paid classes.
- Company typePrivate
- Founded-
- Headquarters—
- Headcount1–10
- GTM typeB2C
- OfferingServices
What PrepTech Foundation does
Preptech Foundation Inc. is a US-based 501(c)(3) nonprofit organization founded in 2024 by high school students Aarav Samal and Nirek Shah. Its stated mission is to provide affordable, accessible, and high-quality education to students across the world, motivated by what the founders described as a lack of affordable educational resources outside of schools. The organization has approximately 8 employees and is structured as founder-controlled with no parent company, no external institutional investment, and no subsidiaries.
The organization's sole product, PrepTech TestPrep, delivers SAT and ACT preparation classes covering the Math, Reading, and Writing sections. Instruction is delivered by recruited high school seniors and college students who themselves scored 700+ on the sections they teach, in a peer-to-peer, student-led model. Classes are offered in both free and paid formats, with class spots limited and enrollment handled directly through the organization's website. The underlying technology stack is not disclosed; the website is built on Wix and the platform functions as a direct-enrollment portal rather than an adaptive learning or AI-driven product.
PrepTech Foundation's revenue mechanics rely on two streams: donations processed primarily through GoFundMe (funding free classes, student teacher wages, and operational expenses), and class enrollment fees for paid cohorts. As a nonprofit, all inflows are reinvested into the mission rather than distributed to shareholders. Distribution is purely digital and self-serve through the website, supplemented by LinkedIn and Instagram for community engagement. Marketing and fundraising emphasize the affordability angle versus commercial test prep providers, and pricing for paid classes is per-class with no refunds; specific fee amounts are disclosed only at the registration page.
PrepTech Foundation firmographics
Firmographics- Name
- PrepTech Foundation
- Legal name
- Preptech Foundation Inc.
- Website
- https://preptechfoundation.org
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- PrepTech Foundation is a US-based 501(c)(3) nonprofit founded in 2024 that delivers affordable SAT and ACT test preparation classes taught by high-scoring high school and college student instructors, serving individual high school and college-bound students through its website and GoFundMe-funded free or paid classes.
- Ownership category
- akta.pro rank
PrepTech Foundation industry classification
Industry- Product category
- Test Preparation Services
- NAICS
- Exam Preparation and Tutoring (611691)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- College Entrance Exams (SAT/ACT/PSAT) Prep (EDANABAA)
- akta.pro secondary industries
- College Readiness & Admissions Prep Centers (Small-Group Workshops) (EDANAHAI), Gifted, Advanced & Acceleration Centers (Honors/AP/IB Enrichment) (EDANAHAL)
Keywords
PrepTech Foundation business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Donations and Contributions: As a 501(c)(3) nonprofit organization, PrepTech Foundation relies on donations from supporters. Donations are used to fund free classes, support student teachers' wages, cover operational fees, and expand access to quality STEM education globally. All contributions are reinvested into the mission with no shareholders or payouts.
- Class Enrollment Fees: Some classes require a payment to enroll. Fees are clearly stated on the class registration page. Payment is due at the time of registration. While services are rendered in exchange, payments may qualify as tax-deductible contributions. No refunds are processed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Paid enrollment classes with tax-deductible contributions |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
PrepTech Foundation product offering
Product offeringCore offering
PrepTech Foundation provides affordable SAT and ACT test preparation courses covering Math, Reading, and Writing sections. Classes are taught by top high school seniors and college students who scored 700+ in the sections they instruct, and are offered through the organization's website in both free and paid formats. As a 501(c)(3) nonprofit, the organization reinvests all proceeds from class fees and donations back into its educational programming and student teacher wages.
Product overview
PrepTech Foundation operates as a single-product educational nonprofit offering test preparation courses. The core offering is PrepTech TestPrep, which provides SAT and ACT prep classes in Math, Reading, and Writing. Classes are delivered by high-scoring student instructors and are available in both free and paid formats. The organization reinvests all revenue into its educational mission and operates as a 501(c)(3) nonprofit.
Differentiator
Problem solved
Functional benefit
Brands
- PrepTech TestPrep: SAT and ACT prep classes offered by PrepTech Foundation covering Math, Reading, and Writing sections, taught by top high school seniors and college students who scored 700+ in the section they teach.
Products and services
- PrepTech TestPrep SAT and ACT test preparation courses covering Math, Reading, and Writing, taught by top high school seniors and college students who scored 700+ in the section they teach. Delivered online via the PrepTech Foundation website as affordable, student-led classes in free and paid formats, targeted at high school and college-bound students.
Companies that use PrepTech Foundation
Customer profileSegments1 record
Ideal customer profiles1 record
PrepTech Foundation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
PrepTech Foundation partnerships and signals
Strategic signalRecent moves6 records
Expansion highlights5 records
PrepTech Foundation competitors and assessment
Company assessmentBroad incumbents
- Princeton Review: Princeton Review is a long-established, large-scale commercial test prep provider offering SAT/ACT courses, tutoring, and books. It serves the same target customer but at premium pricing, representing the incumbent that PrepTech's nonprofit model is positioned against on affordability.
- Kaplan Test Prep: Kaplan offers SAT/ACT prep courses, tutoring, and adaptive learning tools as part of a broader test prep and professional education portfolio. It is comparable to PrepTech on the SAT/ACT customer segment but operates at significantly larger scale with commercial pricing and proprietary technology.
- Veritas Prep: Veritas Prep offers SAT, ACT, GMAT, and other test prep courses plus admissions consulting. It serves overlapping student segments and is comparable on the test prep course model, though it operates as a for-profit commercial provider at scale.
- College Board (Official SAT Practice on Khan Academy): College Board administers the SAT and offers free official practice through Khan Academy, anchoring the default free-prep option for every test taker. PrepTech competes for the same students seeking SAT prep, but College Board is the exam publisher with structural advantages (official content, distribution, brand trust).
Direct peers
- Khan Academy: Khan Academy offers free SAT practice and personalized study plans in partnership with the College Board, directly competing with PrepTech's affordable SAT/ACT mission. Comparability is strongest in the free, online, self-serve delivery model and the target student segment of college-bound test takers.
- PrepScholar: PrepScholar provides online SAT/ACT prep with adaptive algorithms and personalized study plans, targeting the same college-bound students as PrepTech. Both are digital-first, and PrepScholar represents the technology-enabled counterpart to PrepTech's peer-instructor model.
- Magoosh: Magoosh offers affordable online SAT, ACT, GRE, and other test prep with video lessons and practice questions. It competes directly with PrepTech on price-conscious test takers and online delivery, though PrepScholar's offerings are broader in scope.
- Arborbridge: Arborbridge offers personalized online SAT/ACT tutoring with high-scoring tutors, closely mirroring PrepTech's peer-instructor approach. Both target college-bound students seeking one-on-one or small-group instruction, with Arborbridge operating commercially and PrepTech as a nonprofit.
- Prep Expert: Prep Expert provides SAT and ACT prep courses and tutoring, often led by high-scoring instructors. It is similar to PrepTech in emphasizing instructor credibility (perfect-score tutors) and serves the same student segment, but operates as a paid commercial provider.
Emerging players
- Schoolhouse.world: Schoolhouse.world is a free, peer-to-peer tutoring platform (spun out of Khan Academy) connecting students with high-scoring peer tutors for SAT and other subjects. It is the closest direct comparable to PrepTech's model of 700+ peer tutors teaching small groups, and a key emerging threat given its free, well-funded positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks7 records
Key highlights6 records
Customer concentration
PrepTech Foundation social profiles
Digital presencePrepTech Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
PrepTech Foundation leadership team
Management profileNumber of profiles
Profiles4 records
PrepTech Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PrepTech Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PrepTech Foundation
What does PrepTech Foundation do?
PrepTech Foundation provides affordable SAT and ACT test preparation courses covering Math, Reading, and Writing sections. Classes are taught by top high school seniors and college students who scored 700+ in the sections they instruct, and are offered through the organization's website in both free and paid formats. As a 501(c)(3) nonprofit, the organization reinvests all proceeds from class fees and donations back into its educational programming and student teacher wages.
Is PrepTech Foundation a public or private company?
PrepTech Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was PrepTech Foundation founded?
PrepTech Foundation was founded in -1. It employs 1 to 10 people.
How does PrepTech Foundation make money?
Two revenue lines are on record. Donations and Contributions are the primary driver. The others are class Enrollment Fees.
Who are PrepTech Foundation's main competitors?
Broad incumbents on record are Princeton Review, Kaplan Test Prep, Veritas Prep and College Board (Official SAT Practice on Khan Academy). Direct peers are Khan Academy, PrepScholar, Magoosh, Arborbridge and Prep Expert. Schoolhouse.world is listed as an emerging player.
Does PrepTech Foundation have an API?
No public API is recorded for PrepTech Foundation.
What industry is PrepTech Foundation in?
PrepTech Foundation's product category is Test Preparation Services. Its primary akta.pro industry code is EDANABAA, College Entrance Exams (SAT/ACT/PSAT) Prep, with a secondary code of EDANAHAI, College Readiness & Admissions Prep Centers (Small-Group Workshops). Its NAICS code is 611691 and its SIC code is 8200.