# StudyFree

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

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.international.studyfree.org
- Total disclosed funding: $5.2M
- Latest round: Seed (Dec 13, 2021)
- Investors on record: 6

## About

StudyFree Inc. specializes in providing innovative technological solutions aimed at enhancing operational efficiency for businesses, focusing on data management and customer engagement services.Founded in 2018 in San Francisco, US, StudyFree Inc. offers services designed to facilitate educational opportunities for students globally. The company has successfully raised USD 3.000 mn in Seed funding as of December 2021, with notable investors including I2BF, TMT Investments, and Techstars. The founders, Bohdan K and Dasha Kroshkina, are committed to expanding the company’s reach.The company primarily offers innovative technological solutions tailored to enhance operational efficiency across various sectors. Their flagship solution, integrating advanced analytics with user-friendly interfaces, was launched in 2021 and has attracted interest from enterprises across North America and Europe. Clients include small to medium-sized businesses as well as large corporations, particularly in retail, healthcare, and manufacturing, all of whom have reported improvements in productivity and customer satisfaction due to these solutions.StudyFree Inc. operates on a subscription-based revenue model, generating consistent cash flow through recurring payments from clients. Transactions are processed on an annual or monthly basis, with various tiered pricing plans available to match the specific needs of businesses. The core offerings are accompanied by distinct pricing packages, aligning with operational requirements and budget considerations, fostering strong partnerships through ongoing support and enhancements.Following their most recent funding round in December 2021, where StudyFree Inc. raised USD 3.000 mn, the company plans to utilize these funds to attract new community members, expand into new markets, enhance marketing efforts, and develop its platform. Specific target markets for expansion include regions beyond North America and Europe, with precise timelines yet to be announced. The focus on new product development and market reach is central to their growth strategy.

## Funding rounds

- Seed, Dec 13, 2021, $3M — I2BF, Techstars, TMT Investments
- Seed, Sep 1, 2020, $1.7M — I2BF, TMT Investments
- Seed, Apr 1, 2020, $0.5M — Seedstars, Skydeck DUPLICATE, Acrobator Ventures

## Investors

- Seedstars (https://capitalatlas.ai/funds/seedstars) — Seed
- Skydeck DUPLICATE — Seed
- Acrobator Ventures (https://capitalatlas.ai/funds/acrobator-ventures) — Seed
- I2BF (https://capitalatlas.ai/funds/i2bf) — Seed
- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
