# Valore

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

- Industry: Internet
- Headquarters: Boston, US
- Website: www.valore.com
- Total disclosed funding: $52M
- Latest round: Series F (Jun 11, 2015)
- Investors on record: 5

## About

Valore, Inc. is a platform dedicated to making college education more affordable by providing students with convenient options for renting and purchasing textbooks, significantly reducing their educational costs.Founded in 2005 and headquartered in Boston, US, Valore, Inc. specializes in textbook rentals and sales. The company underwent a significant change when it was acquired by Follett Corporation in November 2016, focusing on enhancing its service offerings. Valore has successfully completed 10 deals since its inception, with the latest funding round occurring in November 2016, raising USD 1.1 mn from Flybridge Capital Partners, bringing the total amount raised to USD 1.1 mn.Valore specializes in providing a comprehensive platform for college students to rent or purchase textbooks, focusing on affordability and convenience. The company’s core offerings include textbook rentals, direct sales of new and used textbooks, and a buyback service allowing students to sell their old books for cash. These services address the high costs associated with college textbooks, providing students with savings of up to 90% on rentals. Valore primarily serves college students across North America, offering cost-effective solutions tailored for both undergraduate and graduate educational needs.Valore generates revenue through direct sales of textbooks, rental transactions, and buyback services. Customers can purchase new or used textbooks outright or opt for rental agreements for a semester or specific duration. The company's competitive pricing structure is designed for budget-conscious students, offering rental prices significantly lower than retail prices for new textbooks. Additionally, Valore facilitates a straightforward buyback process for customers looking to sell their used books, operating on a direct-to-consumer model.Valore, Inc. plans to leverage its recent acquisition by Follett Corporation to enhance its product offerings and expand its market presence. Future initiatives include launching new digital tools aimed at improving the textbook rental experience and exploring entry into underserved regions across the US by 2022. The recent funding raised will be utilized to support these developments, fostering growth and customer engagement as the company seeks to adapt to changing educational landscapes.

## Funding rounds

- Series F, Jun 11, 2015, $5.2M — Flybridge Capital Partners, Accomplice
- Series E, Mar 10, 2014, $26M — Atlas Venture, Flybridge Capital Partners, North Hill Ventures, Horizon Technology Finance Corporation
- Series D, May 16, 2013, $4M — Atlas Venture, Flybridge Capital Partners, North Hill Ventures
- Series C, Dec 22, 2008, $6M — Atlas Venture, Flybridge Capital Partners, North Hill Ventures, Accomplice
- Series B, Dec 18, 2006, $7M — Atlas Venture, Flybridge Capital Partners, North Hill Ventures, Accomplice
- Series A, Apr 7, 2006, $4M — Atlas Venture, Flybridge Capital Partners, Accomplice

## Investors

- Atlas Venture (https://capitalatlas.ai/funds/atlas-venture) — Series A, Series B, Series C, Series D, Series E
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A, Series B, Series C, Series D, Series E, Series F
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Series A, Series B, Series C, Series F
- North Hill Ventures (https://capitalatlas.ai/funds/north-hill-ventures) — Series B, Series C, Series D, Series E
- Horizon Technology Finance Corporation — Series E