/Companies

XR Technologies

Indianapolis, US · Founded 2021 · 4 known investors

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MathTrack offers a job-embedded professional development program that helps bachelor's degree holders become licensed secondary math teachers, combining self-paced online coursework with a classroom residency at the participant's current school. The program includes mentorship and exam support for the Praxis 5165 and Praxis PLT assessments leading to state licensure.

Also known as MathTrack · MathTrack Institute

Founders & leadership

XR Technologies was founded in 2021 by Dr. Kevin Berkopes and Nickolas A. Williams, CFRE.

DKDr. Kevin Berkopes
Dr. Kevin BerkopesFounder
NANickolas A. Williams, CFRE
Nickolas A. Williams, CFREFounderNickolas Williams is founder and Chief Revenue Officer of MathTrack, a professional development program helping bachelor's degree holders become licensed secondary math teachers. He previously held roles in major gifts and development at Indiana University Foundation and Indiana University Health Foundation, focusing on fundraising and alumni engagement.
AS
Andrew SalmonExecutive
NW
Nicholas WahlNamed on SEC filing

Board

JC
Joseph CudbyBoard director

Investors · 4

Reported raises · per SEC filings

Form D private placements

$1.8M disclosed across 4 rounds · 2021–2025

▶$200KraisedApr 2025 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin BerkopesExecutive Officer, Director
  • Joseph CudbyDirector
  • Andrew SalmonExecutive Officer, Director
Offering amount
$200K
Amount sold
$200K
Proceeds to insiders
$50K
First sale
Apr 2025
Incorporated
Corporation, Indiana, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$225KraisedJan 2025 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Joseph CudbyDirector
  • Kevin BerkopesExecutive Officer, Director
  • Andrew SalmonExecutive Officer, Director
Offering amount
$300K
Amount sold
$225K
Minimum investment
$25K
Proceeds to insiders
$50K
First sale
Oct 2024
Incorporated
Corporation, Indiana, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.2MraisedSep 2023 · 26 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin BerkopesExecutive Officer, Director
  • Andrew SalmonExecutive Officer, Director
  • Joseph CudbyDirector
  • Marian BibbExecutive Officer
Offering amount
$1.5M
Amount sold
$1.2M
Minimum investment
$10K
First sale
Mar 2022
Incorporated
Corporation, Indiana, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$185KraisedJul 2021 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrew SalmonExecutive Officer, Director, Promoter
  • Nicholas WahlExecutive Officer
  • Joseph CudbyDirector
  • Kevin BerkopesExecutive Officer, Director, Promoter
Offering amount
$1M
Amount sold
$185K
Minimum investment
$10K
Proceeds to insiders
$150K
First sale
Jun 2021
Incorporated
Corporation, Indiana, 2021
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

XR Technologies operates MathTrack Institute, a "Transition to Teaching" program that prepares holders of a bachelor's degree to become licensed secondary mathematics teachers. The program combines self-paced, asynchronous online coursework covering instructional theory and classroom strategies with a job-embedded classroom residency completed at the candidate's current school of employment, including observations and feedback from an assigned mentor teacher.

The final program component is licensure support: candidates receive targeted preparation for the Praxis 5165 and Praxis PLT (5624) examinations required for full state licensure in secondary mathematics. Prospective candidates apply directly through the MathTrack website and can download a program guide describing the curriculum breakdown, residency requirements and licensure timeline.

Business model

MathTrack charges candidates tuition for its teacher-preparation program. Published pricing is $5,000 in total MathTrack tuition, plus approximately $356 in third-party assessment fees for CPR certification and the Praxis 5165 and Praxis 5624 exams.

Tuition paid by individual program candidates, listed at $5,000 total, with third-party assessment fees charged separately by the testing providers.

▸Full profile — market position, technology, go-to-market

Market position

The program is job-embedded, allowing candidates to complete their residency at their existing school of employment on a flexible, self-paced timeline while working toward state licensure, with transparent upfront pricing.

Technology

Delivery relies on an online, self-paced asynchronous coursework platform paired with in-school residency observation and mentorship.

Go-to-market

Candidates are recruited directly through the company's website via an online application and a downloadable program guide; the site features testimonial content from a current Transition to Teaching candidate.

Bachelor's degree holders seeking secondary mathematics teaching licensure, particularly those already employed at a school where they can complete the required classroom residency.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Program tuitionJan 2026$5K

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does XR Technologies do?
MathTrack Institute runs a job-embedded program that helps degree holders become licensed secondary math teachers.
Who founded XR Technologies?
XR Technologies was founded by Dr. Kevin Berkopes, Nickolas A. Williams, CFRE in 2021.
Who are XR Technologies's investors?
XR Technologies's investors include Edovate Capital, Elevate Ventures, NC IDEA, Stout Street Capital.
How much funding has XR Technologies raised?
XR Technologies has disclosed $1.8M raised across 4 rounds.
Where is XR Technologies headquartered?
XR Technologies is headquartered in Indianapolis, US.