StuDocu
StuDocu, also known as StudeerSnel,[1] is an EdTech startup based in Amsterdam, Netherlands,[2] that is a peer-to-peer resource-exchange platform for students to share study aids, class notes, and test prep.[2][3] The company was founded in 2013 by Marnix Broer, Jacques Huppes, Sander Kuijk, and Lucas van den Houten while they were students at Delft University of Technology.[2][4][5] Broer is CEO.[2][4] The company has primary markets in 60 countries across Australia, Europe, UK, US, Canada, and Germany.[1][6][7]
In May 2021, StuDocu reported a Series B funding round of $50 million.[8] The round was led by the venture capital firm Partech located in Paris, France.[8] Prior to the Partech investment, StuDocu had raised nearly $10 million according to Broer.[8] Resource-exchange platforms had been questioned for their ability to prevent copyrighted material from being shared between users.[9][10] StuDocu accomplishes this through a tool on its platform that automatically checks uploaded content and removes the content in the event of a violation.[11] Users who suspect that documents might be copyrighted can submit take-down requests which StuDocu has stated that they will honor.[11]
StuDocu operates on a freemium model that makes 80% of the uploaded content available for free to all users while 20% of content remains behind a paywall.[12] Users have the option to pay for the restricted content or to upload their individual class notes, summaries, and other non-copyrighted materials, which can unlock the hidden 20% of content for a limited time.[12][13] As of 2021, Broer estimates that 15% of users pay for premium content, 15% access premium materials by uploading their own documents, and 70% use the free content and do not contribute to the community uploads.[8]
References[edit]
- ↑ 1.0 1.1 Rodriguez, Brian (2021-05-12). "Upgrading Educational Technology StudeerSnel - StuDocu Receives Fifty Million Dollars". Aviation Analysis Wing. Retrieved 2021-08-20.
- ↑ 2.0 2.1 2.2 2.3 "StuDocu raises $50M as its note-sharing network for college students passes 15M users". TechCrunch. Retrieved 2021-08-20.
- ↑ "3 common mistakes startups make when tracking product analytics". Sifted. 2021-04-22. Retrieved 2021-08-20.
- ↑ 4.0 4.1 "From a USB stick to USD 50M: Amsterdam's edtech startup StuDocu raises Series B funding from Partech | Silicon Canals". Retrieved 2021-08-20.
- ↑ "Amsterdam's student-to-student document sharing platform StuDocu raises $50 million in Series B round". tech.eu. Retrieved 2021-08-20.
- ↑ "From a USB stick to USD 50M: Amsterdam's edtech startup StuDocu raises Series B funding from Partech | Silicon Canals". Retrieved 2021-08-20.
- ↑ News, The PIE. "Document sharing platform StuDocu raises $50m". thepienews.com. Retrieved 2021-08-20.
- ↑ 8.0 8.1 8.2 8.3 "StuDocu raises $50M as its note-sharing network for college students passes 15M users". TechCrunch. Retrieved 2021-09-12.
- ↑ "StudySmarter books $15M for a global 'personalized learning' push". TechCrunch. Retrieved 2021-09-12.
- ↑ "Online databases such as StuDocu have legal implications". The Gateway. 2015-11-18. Retrieved 2021-09-12.
- ↑ 11.0 11.1 Wessie, Kemiso (2021-05-10). "StuDocu: The note sharing platform we need?". Wits Vuvuzela. Retrieved 2021-09-12.
- ↑ 12.0 12.1 "How much does StuDocu cost? - StuDocu Blog". Retrieved 2021-09-12.
- ↑ "5 Strategies from Founders to Kickstart & Grow Your Marketplace". Peak. 2020-11-11. Retrieved 2021-09-12.
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