# Studypool

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

- Industry: Education/Training
- Headquarters: Mountain View, US
- Website: www.studypool.com
- Total disclosed funding: $2M
- Latest round: Seed (Dec 1, 2015)
- Investors on record: 4

## About

Studypool Inc. is an online tutoring platform that facilitates on-demand academic assistance across various subjects, enabling students to connect with tutors for personalized help and resources.Founded in 2014 by Richard Werbe, Studypool Inc. is headquartered in Mountain View, US. The company provides an online platform for students to receive academic support through a network of vetted tutors. In December 2015, Studypool raised USD 0.8 mn in Seed funding from DHVC and an individual investor, marking its latest funding round. The company has completed a total of 3 funding deals since its inception.Studypool's main product offering is an online tutoring platform that provides on-demand academic assistance across various subjects, including business, humanities, mathematics, programming, science, and writing. Users can post questions anonymously, specify budget and time constraints, and are matched with qualified tutors for personalized help. The platform also includes a Notebank with over 40 million study documents, enhancing the learning experience for high school and college students globally.Studypool generates revenue primarily through its tutoring services, where users pay for individualized assistance from tutors. Clients post questions and receive bids from tutors, selecting one based on qualifications and proposed fees. Payments are processed only after sessions are completed to the student's satisfaction, emphasizing a flexible, pay-per-session model that appeals to students balancing multiple academic commitments.Following its most recent Seed funding round in December 2015, which raised USD 0.8 mn, Studypool plans to invest in expanding its platform with new features designed to enhance user experience. The company is also exploring opportunities to enter new geographic markets, although specific regions and timelines have not been disclosed. The funding will support these initiatives, allowing for improved service offerings and broader market reach.

## Funding rounds

- Seed, Dec 1, 2015, $0.8M — DHVC
- Seed, Mar 6, 2015, $1.2M — 500 Global, Lerer Hippeau Ventures, Great Oaks Venture Capital
- Seed, Nov 5, 2014 — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Lerer Hippeau Ventures — Seed
- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- DHVC (https://capitalatlas.ai/funds/dhvc) — Seed