Studydrive

Berlin, Germany Founded: 2013 • Age: 13 yrs Acquired By StepStone
Online learning platform offering study materials for university students
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About Studydrive

Studydrive is a company based in Berlin (Germany) founded in 2013 was acquired by StepStone in January 2019.. The company has 80 employees as of December 31, 2021. Studydrive has completed 1 acquisition, including Veed. Studydrive operates in a competitive market with competitors including Quizlet, StuDocu, StudyBlue, Koofers and OneClass, among others.

  • Headquarter Berlin, Germany
  • Employees 80 as on 31 Dec, 2021
  • Sectors
    Education
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Studydrive Gmbh
Operational Areas
Education → Education Technology (EdTech)
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    StepStone

    & 1 more

  • Employee Count
    80

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    StepStone

    (Jan 10, 2019)

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Funding Insights of Studydrive

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2015 Amount Seed - Studydrive Valuation Dieter von Holtzbrinck Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Studydrive

Studydrive has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include StepStone and DvH Ventures. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture capital investments are made in European startups.
Founded Year Domain Location
A multi-lingual European job board is operated for recruitment services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Studydrive

Studydrive has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Veed. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A platform for student learning and knowledge exchange is provided.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Studydrive

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Studydrive Comparisons

Employees
+
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Competitors of Studydrive

Studydrive 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, StudyBlue, 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.
domain founded_year HQ Location
Educational content is shared through an online student platform.
domain founded_year HQ Location
Collaborative learning resources are shared via crowd-sourced flashcards and quizzes.
domain founded_year HQ Location
Video-based platform for student interviewing and recruiter hiring is provided.
domain founded_year HQ Location
University-level educational content is shared via an interactive platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Studydrive

Frequently Asked Questions about Studydrive

When was Studydrive founded?

Studydrive was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Where is Studydrive located?

Studydrive is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

How many employees does Studydrive have?

As of Dec 31, 2021, the latest employee count at Studydrive is 80.

What does Studydrive do?

Studydrive was founded in 2013 in Berlin, Germany, as an online platform in the education technology sector. Study materials are provided for university students, with users enabled to upload documents, answer questions, and earn rewards. The platform operates via mobile apps on Android and iOS. Opportunities for internships and jobs are also facilitated for students.

Who are the top competitors of Studydrive?

Studydrive's top competitors include Quizlet, StudyBlue and StuDocu.

How many acquisitions has Studydrive made?

Studydrive has made 1 acquisition, including Veed.

Who are Studydrive's investors?

Studydrive has 2 investors. Key investors include StepStone, and DvH Ventures.

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