# StudeerSnel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/studeersnel-b-v

- Industry: Education/Training
- Headquarters: Amsterdam, Netherlands
- Website: www.studocu.com
- Total disclosed funding: $56M
- Latest round: Series B (May 10, 2021)
- Investors on record: 4

## About

StudeerSnel B.V. is an educational technology company that provides innovative study tools to enhance academic performance for students globally. Their offerings are designed to facilitate effective learning through AI-driven resources.Founded in 2013, StudeerSnel B.V. operates primarily from its headquarters in Amsterdam, Netherlands, offering a platform that connects students with over 50 million study resources. The company was co-founded by Lucas van den Houten and Sander Kuijk, and is currently led by CEO Marnix Broer. In May 2021, StudeerSnel B.V. successfully raised EUR 41.1 million in SERIES B funding, led by Partech Partners, bringing their total funding raised to EUR 41.1 million through three deals.Studocu Global offers a comprehensive suite of study tools tailored for students, including Smart Notes, Quizzes, and Flashcards that utilize artificial intelligence to convert user materials into organized study aids. The platform's features allow users to upload multiple files simultaneously, generating tailored content for efficient studying. With a massive repository of study resources, Studocu serves students across North America, Europe, Asia, and Latin America, enhancing their academic experience with high-quality peer-generated notes.In 2023, StudeerSnel B.V. reported an EBITDA of EUR 6,905,757.60. The company primarily generates revenue through a subscription model, enabling users to access premium features and resources. Customers purchase subscriptions to enhance their experience on the platform, which includes additional study tools and advanced AI functionalities. With over 60 million monthly users, the strong demand for their educational services drives consistent revenue growth.Following the EUR 41.1 million funding raised in May 2021, StudeerSnel B.V. plans to utilize this capital to expand its market presence internationally, targeting regions such as Australia, Canada, Germany, the UK, and the United States. This strategic expansion aims to broaden their customer base and enhance service offerings, aligning with the company's future growth objectives.

## Funding rounds

- Series B, May 10, 2021, $50M — Partech Partners
- Series A, Aug 1, 2019, $4.7M — Piton Capital
- Seed, Dec 3, 2015, $1.4M — Point Nine, Peak

## Investors

- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed
- Peak (https://capitalatlas.ai/funds/peak) — Seed
- Piton Capital (https://capitalatlas.ai/funds/piton-capital) — Series A
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series B