TrueLearn, which is backed by LLR Partners, has acquired Phoenix-based Picmonic, an audiovisual learning platform. No financial terms were disclosed.
Mooresville, NC – June 10, 2021 – TrueLearn, a leading platform in healthcare education that blends data analytics with cognition science to optimize learning outcomes for the medical community, has expanded its footprint and platform capabilities through the acquisition of Picmonic.
A leading audiovisual learning platform, Picmonic has proven effective in helping learners master challenging concepts through the use of animated picture mnemonics. Picmonic promotes memory retention by leveraging the well-documented memory palace technique, where bite-sized mnemonic video lessons are combined with recall questions in an active learning environment.
The acquisition will bring significant value to the healthcare community by providing learners and educators with access to the most effective learning platform in the industry. TrueLearn’s learning platform is built around foundational principles in cognition science, which develop learners’ critical thinking skills and improve their testing behaviors. The addition of Picmonic will enable TrueLearn to deepen its presence in the classroom, while providing educators key insights about their learners to ensure their success and optimize program outcomes.
“We want to empower our learners to have a growth mindset when it comes to unlocking their full potential in the classroom and on standardized exams, and the learning content and benchmarking data we provide to educators helps to make this happen,” said TrueLearn’s Founder and CEO, Dr. Joshua Courtney. “Picmonic opens up a whole new world of opportunity for us to layer animation and storyboarding into the TrueLearn experience.”
“By joining forces with TrueLearn, we will be able to serve our learners in many new and exciting ways,” said Picmonic’s Co-Founder and CEO, Ron Robertson. “Our organizations share so many similarities – most importantly is the singular purpose of serving the interests of our learners and their institutions.
For more information about TrueLearn’s enterprise learning platform and test prep resources, visit www.truelearn.com. To learn more about Picmonic, visit www.picmonic.com.
TrueLearn offers a suite of products for medical students and residents across a range of medical specialties and recently expanded its offerings to adjacent healthcare markets including Physical Therapy, Occupational Therapy, Speech-Language Pathology, Pharmacy, and allied health. The company is headquartered in Charlotte, NC.
Picmonic is an education company specializing in the creation of narrated audiovisual picture mnemonics to improve memory duration and learning. The company offers a suite of products in nursing and medicine and has recently expanded its product offerings into allied health. Picmonic was founded in 2011 by Ron and Ken Robertson and is headquartered in Phoenix, AZ.