StudySoup operates an online peer-to-peer marketplace that lets students purchase and sell class notes and study guides, with vetted “Elite Notetakers” supplying structured content. Elite Notetakers apply, complete training, and can earn roughly $400–$500 per course by posting about 15 pieces of content; the company retains about 30% of that revenue. Students subscribe to access notes, with subscription prices ranging from $11 to $30 per month. The platform reports roughly 2,000 Elite Notetakers, presence at 150 schools, and more than 500,000 students, about 20% of whom are graduate students. StudySoup plans to expand across additional college campuses and add new products for users, including a flash-card study tool currently in beta. The company will use the new funding to hire additional engineers and invest in marketing and advertising to reach students nationwide.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2016