# FlashNotes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/flashnotes

- Industry: Education/Training
- Headquarters: Boston, US
- Website: www.flashnotes.com
- Total disclosed funding: $13M
- Latest round: Series B (Sep 10, 2014)
- Investors on record: 10

## About

FlashNotes, Inc. is a technology company specializing in innovative note-taking solutions that enhance learning outcomes through a user-friendly platform for creating flashcards and study aids.Founded in 2010 and headquartered in Boston, US, FlashNotes, Inc. provides a platform designed to streamline the study process for students and educators. The company has raised a total of USD 4.50 mn across multiple funding rounds, with the most recent being a Series B round led by Cengage Group on March 9, 2015. Notably, FlashNotes has secured investments from Atlas Venture, Lazerow Ventures, Softbank Capital, and Stage 1 Ventures. The firm has completed 6 deals since its inception.FlashNotes specializes in innovative note-taking and study solutions designed to enhance learning through natural note-taking and flashcard creation. Their core product, a mobile and desktop application, allows users to easily convert their notes into flashcards, facilitating study practices for a wide range of subjects and languages. The platform supports multilingual functionality, enabling users to study and create content in various languages that are compatible with the Apple ecosystem. Key features include AI-powered learning tools that generate prompts and related flashcards from users' draft notes, along with an offline-first design ensuring accessibility anytime, anywhere. This service primarily targets students, educators, and lifelong learners across various geographical markets, including North America, Europe, and Asia, effectively addressing the challenges of retaining information and optimizing study practices.FlashNotes generates revenue through a subscription-based model, allowing users to access premium features and enhanced functionalities within their application. The revenue structure typically involves direct-to-consumer transactions where individual users subscribe for continuous access to the platform's advanced capabilities, including AI-generated content and spaced repetition techniques. This model may include tiered pricing plans that cater to different user needs, promoting both individual and group subscriptions. Clients range from students seeking effective study aids to educational institutions that may incorporate this technology into their curricula. FlashNotes’ flagship offerings capitalize on the growing demand for personalized and accessible learning tools, positioning the company for consistent engagement and retention within its user base.FlashNotes plans to leverage its recent funding to introduce new features and products aimed at enhancing the user experience. The company is also exploring opportunities to expand its reach into additional international markets, particularly in the Asia-Pacific region, anticipated by 2016. The investment from Barnes & Noble in March 2015 is expected to bolster their efforts in product development and market penetration.

## Funding rounds

- Series B, Sep 10, 2014, $4.5M — Atlas Venture, Softbank Capital, Stage 1 Ventures, Cengage Group, Lazerow Ventures
- Series A, Feb 3, 2014, $3.6M — Atlas Venture, Softbank Capital, Stage 1 Ventures, Runa Capital
- Seed, Jul 24, 2013, $1.5M — Atlas Venture, Softbank Capital, Boston Seed Capital
- Seed, Oct 25, 2012, $1.8M — Atlas Venture, Softbank Capital
- Seed, Jan 25, 2011, $1.5M — Softbank Capital, PKS Capital, Klifer Capital, Accomplice

## Investors

- Softbank Capital (https://capitalatlas.ai/funds/softbank-capital) — Seed, Series A, Series B
- PKS Capital — Seed
- Klifer Capital (https://capitalatlas.ai/funds/klifer-capital) — Seed
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Seed
- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Seed, Series A, Series B
- Boston Seed Capital (https://capitalatlas.ai/funds/boston-seed-capital) — Seed
- Stage 1 Ventures (https://capitalatlas.ai/funds/stage-1-ventures) — Series A, Series B
- Runa Capital (https://capitalatlas.ai/funds/runa-capital) — Series A
- Cengage Group — Series B
- Lazerow Ventures — Series B