Memorang Gets $500K For Flash Card Study Tool

Los Angeles-based Memorang, the developer of a flash-card based, study tool to help people study for such things as the MCAT, GRE, NBME, and a host of other tests, has raised $500,000 in a funding round, the company is announcing this morning. The funding came from angel investor Michael Kane (SoFi), and Tom Palecek (Summit Trail Advisors). Memorang was created by Yermie Cohen in 2013, when he was a medical student at UCLA; the company's co-founder is George Courtsunis. Both of the two joined startup accelerator MuckerLab in 2014, where they launched Memorang. Memorang--which says it has been profitable since shortly after launch--said it is using the new funding to expand its technology and content. More information »