About StudySmarter
StudySmarter is a company based in Munchen (Germany) founded in 2017 by Simon Hohentanner, Maurice Khudhir, Till Sohlemann, and Christian Felgenhauer.. StudySmarter has raised $31 million across 3 funding rounds from investors including Goodwater Capital, 2xN and Owl Ventures. StudySmarter offers products and services including StudySmarter App, Flashcards Tool, AI Explanations, and Notes Editor. StudySmarter operates in a competitive market with competitors including Course Hero, Numerade, Baims, Passei Direto and Outsmart Education, among others.
- Headquarter Munchen, Germany
- Founders Simon Hohentanner, Maurice Khudhir, Till Sohlemann, Christian Felgenhauer
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Sectors
Education
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Studysmarter Ug
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$31 M (USD)
in 3 rounds
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Latest Funding Round
$16 M (USD), Series A
Oct 15, 2021
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Investors
Goodwater Capital
& 5 more
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Employee Count
Employee Count
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Products & Services of StudySmarter
StudySmarter offers a comprehensive portfolio of products and services, including StudySmarter App, Flashcards Tool, AI Explanations, and Notes Editor. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI app for creating flashcards and study plans for students
Feature for quick creation and review of digital flashcards
AI generates personalized topic explanations and feedback
Tool for making and editing structured study notes
Unlock access to complete
Funding Insights of StudySmarter
StudySmarter has successfully raised a total of $31M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in October 2021. 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 3
- Last Round Series A — $16.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Series A - StudySmarter | Valuation | Goodwater Capital |
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| May, 2021 | Amount | Series A - StudySmarter | Valuation | Owl Ventures | |
| Jun, 2020 | Amount | Seed - StudySmarter | Valuation | Dieter von Holtzbrinck Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 StudySmarter
StudySmarter has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Goodwater Capital, 2xN and Owl 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.
| Investor | Description | Founded Year | Domain | Location |
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Investments in consumer tech sectors are managed by Goodwater Capital.
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A venture fund focused on quantum-inspired technology investments.
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Investments in edtech companies are made by Owl Ventures.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 StudySmarter
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - StudySmarter
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Studysmarter Comparisons
Competitors of StudySmarter
StudySmarter 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 Course Hero, Numerade, Baims, Passei Direto and Outsmart Education, 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 |
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| domain | founded_year | HQ Location |
Online learning resources are delivered via a mobile platform.
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| domain | founded_year | HQ Location |
Provider of study assistance platform for students
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| domain | founded_year | HQ Location |
Courses on diverse topics are delivered via an online platform.
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| domain | founded_year | HQ Location |
Study materials and resources are shared among university students.
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| domain | founded_year | HQ Location |
Online learning platform for higher education students
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Studysmarter
Frequently Asked Questions about StudySmarter
When was StudySmarter founded?
StudySmarter was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is StudySmarter located?
StudySmarter is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of StudySmarter?
Christian Felgenhauer is the current CEO of StudySmarter. They have also founded this company.
Is StudySmarter a funded company?
StudySmarter is a funded company, having raised a total of $31M across 3 funding rounds to date.
What does StudySmarter do?
StudySmarter was founded in 2017 in Munich, Germany, as an education technology company. A mobile app is provided for Android and iOS platforms, where study cards, summaries, and learning plans are created by students. Access to shared content from peers is enabled, along with progress tracking and matching features for collaborative learning. Operations focus on supporting student study routines through these digital tools.
Who are the top competitors of StudySmarter?
StudySmarter's top competitors include Course Hero, Numerade and Passei Direto.
What products or services does StudySmarter offer?
StudySmarter offers StudySmarter App, Flashcards Tool, AI Explanations, and Notes Editor.
Who are StudySmarter's investors?
StudySmarter has 6 investors. Key investors include Goodwater Capital, 2xN, Owl Ventures, Left Lane Capital, and Lars Fjeldsoe-Nielsen.
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