About StudyBlue
StudyBlue is a company based in San Francisco (United States) founded in 2008 was acquired by Chegg in July 2018.. StudyBlue has raised $22.06 million across 7 funding rounds from investors including Chegg, WARF and Great Oaks Venture Capital. The company has 780 employees as of December 31, 2021. StudyBlue operates in a competitive market with competitors including Quizlet, StuDocu, Studydrive, Koofers and OneClass, among others.
- Headquarter San Francisco, United States
- Employees 780 as on 31 Dec, 2021
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Chegg, Inc
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Funding Insights of StudyBlue
StudyBlue has successfully raised a total of $22.06M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1.88 million completed in April 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series A — $1.9M
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First Round
First Round
(30 Jun 2009)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series A - StudyBlue | Valuation |
investors |
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| Dec, 2014 | Amount | Series A - StudyBlue | Valuation |
investors |
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| Jan, 2013 | Amount | Series A - StudyBlue | Valuation | Great Oaks Venture Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in StudyBlue
StudyBlue has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Chegg, WARF and Great Oaks Venture Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech focused early-stage micro VC firm investing in the US
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Founded Year | Domain | Location | |
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Research innovations are supported and commercialized by WARF.
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Founded Year | Domain | Location | |
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Rental books and homework help are provided to university students.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by StudyBlue
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - StudyBlue
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Studyblue Comparisons
Competitors of StudyBlue
StudyBlue operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Quizlet, StuDocu, Studydrive, Koofers and OneClass, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Learning tools and flashcards are provided for student education.
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| domain | founded_year | HQ Location |
Educational content is shared through an online student platform.
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| domain | founded_year | HQ Location |
Online learning platform offering study materials for university students
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| domain | founded_year | HQ Location |
Video-based platform for student interviewing and recruiter hiring is provided.
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| domain | founded_year | HQ Location |
University-level educational content is shared via an interactive platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Studyblue
Frequently Asked Questions about StudyBlue
When was StudyBlue founded?
StudyBlue was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Where is StudyBlue located?
StudyBlue is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is StudyBlue a funded company?
StudyBlue is a funded company, having raised a total of $22.06M across 7 funding rounds to date. The company's 1st funding round was a Series A of $9.27M, raised on Jun 30, 2009.
How many employees does StudyBlue have?
As of Dec 31, 2021, the latest employee count at StudyBlue is 780.
What does StudyBlue do?
Founded in 2008 in San Francisco, United States, StudyBlue operates as an edtech platform where over 10 million users access a library exceeding 250 million points of content, including flashcards, study guides, and quizzes. Content is crowdsourced and maintained through user ratings for relevance. The platform supports learning on iOS and Android devices, connecting students across subjects.
Who are the top competitors of StudyBlue?
StudyBlue's top competitors include Quizlet, StuDocu and Studydrive.
Who are StudyBlue's investors?
StudyBlue has 3 investors. Key investors include Chegg, WARF, and Great Oaks Venture Capital.
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