# ResearchGate

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

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.researchgate.net
- Total disclosed funding: $91M
- Latest round: Series D (Feb 28, 2017)
- Investors on record: 10

## About

ResearchGate GmbH is a platform dedicated to facilitating the sharing and discovery of scientific research, connecting researchers and professionals worldwide with over 160 million publications.Founded in 2008 in Berlin, Germany, ResearchGate GmbH operates as a platform for researchers to share and discover scientific work. The firm has raised total funding of USD 52.6 mn in its Series D round on February 28, 2017, with participation from notable investors including Benchmark, Founders Fund, and Goldman Sachs Merchant Banking Division. The company is co-founded by Horst Fickenscher, Ijad Madisch, and Sören Hofmayer, with Ijad Madisch currently serving as CEO.ResearchGate operates a comprehensive platform designed to facilitate the sharing and discovery of scientific research. Its core offerings include access to over 160 million publication pages, enabling researchers, academics, and professionals to find relevant literature within their fields. The platform promotes collaboration among users by allowing them to share their own research findings, connect with peers, and engage in discussions related to their work. This ecosystem caters primarily to researchers, graduate students, and industry professionals in various scientific disciplines, providing them with tools to enhance their academic and professional careers. ResearchGate serves a global market, with users spanning North America, Europe, Asia, and beyond, thereby contributing to a worldwide exchange of scientific knowledge.In 2019, ResearchGate reported revenue of USD 17.86 mn with an EBITDA of USD -6.51 mn. The company generates revenue through a variety of business transactions, including subscription models and partnerships with academic institutions and research organizations, which support the continuous development of its platform.In February 2017, ResearchGate GmbH raised USD 52.6 mn in Series D funding to support its expansion plans. The company aims to launch its new feature called Projects to enhance user engagement and collaboration among researchers. Additionally, it seeks to expand its reach into new markets globally, although specific regions targeted for expansion have yet to be disclosed.

## Funding rounds

- Series D, Feb 28, 2017, $53M — Benchmark, Founders Fund, LVMH Moet Hennessy Louis Vuitton, Tenaya Capital, Aglae Ventures, Goldman Sachs Asset Management, Four Rivers Group
- Series C, Jun 4, 2013, $35M — Benchmark, Founders Fund, Tenaya Capital, Thrive Capital, Dragoneer Investment Group
- Series B, Feb 17, 2012 — Accel, Benchmark, Founders Fund
- Series E, Aug 28, 2010, $3.8M — Accel, Benchmark

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series E, Series B
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series E, Series B, Series C, Series D
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series B, Series C, Series D
- Tenaya Capital (https://capitalatlas.ai/funds/tenaya-capital) — Series C, Series D
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series C
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series C
- LVMH Moet Hennessy Louis Vuitton — Series D
- Aglae Ventures (https://capitalatlas.ai/funds/aglae-ventures) — Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D
- Four Rivers Group (https://capitalatlas.ai/funds/four-rivers-group) — Series D