Flashnotes.com Raises $3.6 Million in Series A Funding
The student-to-student study materials marketplace, Flashnotes.com, raised $3.6 million in Series A funding led by Stage 1 Ventures, with Runa Capital, Soft Bank Capital and Atlas Venture participating. The funds will be used for a fast higher education market expansion.
Michael Matousek, CEO and Founder of Flashnotes.com Stated:
“Our entire team is excited to have such great partners supporting our mission to empower students and ensure that more students achieve their academic objectives. With the college dropout rate remaining steady at over 40%, there is clear need for change within higher education. We believe that Flashnotes.com is a transformative force within the industry, as we’re leveraging the latest technologies to power the student-to-student exchange of high quality academic materials – allowing students to learn from each other in a way that is fitting for them.”
For More Information Read the Press Release.
Yasmin Bailey , a sophomore in college, is the Content Manager for Ed Tech Times.