# StudySmarter UG

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

- Industry: Education/Training
- Headquarters: Munich, Germany
- Website: www.studysmarter.de
- Total disclosed funding: $31M
- Latest round: Series A (Sep 15, 2021)
- Investors on record: 5

## About

Based in Germany, StudySmarter UG develops an innovative learning platform designed to enhance educational experiences for students, educators, and institutions through personalized study tools and resources.Founded in 2018 in Munich, Germany, StudySmarter UG operates a comprehensive learning platform for students and learners. The company was co-founded by Christian Felgenhauer, Dorothee Brunner, Maurice Khudhir, Simon Hohentanner, and Till Söhlemann. In September 2021, StudySmarter raised EUR 13.7 million in Series A funding, led by Goodwater Capital, contributing to a current company valuation of EUR 139.89 mn. With a total of 4 deals, the latest funding round has effectively raised the total amount to EUR 13.7 million.StudySmarter primarily offers an all-in-one learning platform that caters to students and learners across various educational levels, including high school, university, and vocational training. The platform provides users with a wide range of tools designed to enhance their learning experience, such as flashcards, personalized study notes, learning plans, and practice exams. These offerings aim to simplify the study process, facilitate better organization, and improve knowledge retention through features like spaced repetition and AI-assisted material generation. The company targets a diverse client base consisting of students, educators, and educational institutions within Europe and beyond, and the platform supports multiple languages, increasing its accessibility in markets such as Germany, the UK, France, and Spain.The revenue model for StudySmarter is structured around subscription-based services, allowing users to access premium features and content on a recurring basis. Customers can choose from various pricing plans that provide access to enhanced functionalities, including advanced study tools and exclusive resources. Transactions typically occur directly between the company and its end users, as well as through partnerships with educational institutions that may offer the platform to their students. The platform's flagship offerings, including its AI tools for creating personalized study materials and comprehensive learning resources, play a significant role in driving user engagement and retention.In September 2021, StudySmarter UG raised EUR 13.7 million in Series A funding, which will be utilized to accelerate its global expansion and enhance its content-agnostic learning platform. The company plans to introduce new products and features, although specific release dates have not been disclosed. Additionally, StudySmarter is targeting expansion into new markets, aiming to reach additional regions in Europe and beyond by 2023.

## Funding rounds

- Series A, Sep 15, 2021, $16M — Dieter von Holtzbrinck Ventures, Goodwater Capital, OWL Ventures, Left Lane Capital
- Series A, Apr 13, 2021, $15M — Dieter von Holtzbrinck Ventures, OWL Ventures, Nielsen Innovate, Left Lane Capital
- Seed, Jun 9, 2020 — Dieter von Holtzbrinck Ventures

## Investors

- Dieter von Holtzbrinck Ventures (https://capitalatlas.ai/funds/dieter-von-holtzbrinck-ventures) — Seed, Series A
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series A
- Nielsen Innovate (https://capitalatlas.ai/funds/nielsen-innovate) — Series A
- Left Lane Capital (https://capitalatlas.ai/funds/left-lane-capital) — Series A
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series A