Amsterdam-based Studocu Raises $15M from LundinTechTechCrunch

Amsterdam-based Studocu Raises $15M from LundinTechTechCrunch, a digital platform that provides students with access to study materials, recently raised $15 million in a Series A round led by LundinTech. The round was announced by TechCrunch and further demonstrates the growing demand for online learning resources.

This financing will be used to expand the reach of Studocu and give even more students access to their services. This article will provide an overview of the company, the funding round, and how the money will be used.

Overview of Studocu

Studocu is an Amsterdam-based digital platform that provides students with access to study materials. Founded in 2017, Studocu currently has over 10 million users and is available in over 180 countries.

It is a rapidly growing platform, with an average of 20,000 new users joining every day. The platform is designed to help students find the resources they need to succeed in their studies, including course materials, video lectures, and study guides. It also offers a range of other features, such as the ability to network with other students and access to a library of previously answered questions.

Studocu’s Series A Funding Round

Studocu recently announced a Amsterdam-based Studocu Raises $15M from LundinTechTechCrunch, a venture capital firm based in Amsterdam. The round was announced by TechCrunch and is the largest investment to date for a Dutch education-focused startup. The round was supported by existing investors including Peak Capital and angel investor Aat Schouwenaar.

How the Money Will Be Used

The money raised in the Series A round will be used to expand the reach of Studocu and give even more students access to their services. This will include expanding the platform to new countries, increasing the number of resources available, and investing in user experience. Additionally, the funds will be used to hire more staff to support the growth of the company.

Conclusion

The recent funding round for Studocu is a major milestone for the company and demonstrates the growing demand for online learning resources. The funds will be used to expand the reach of the platform and give even more students access to their services. This is a great opportunity for Studocu to continue to grow and provide students with the resources they need to succeed in their studies.