StudyBlue is a technology company.
StudyBlue has raised $15.0M across 3 funding rounds.
StudyBlue has raised $15.0M in total across 3 funding rounds.
StudyBlue has raised $15.0M in total across 3 funding rounds.
StudyBlue's investors include Acrew Capital, Jenny Fielding, Scott Hartley, Future Perfect Ventures, Great Oaks Venture Capital, Seven Seven Six, Structure Capital, Teamworthy Ventures, Daniel Rosensweig, Eric Ries.
StudyBlue is a technology company that builds a mobile and online learning platform designed to help students improve academic outcomes by mastering course material. Its core product is a "Digital Backpack" that allows students to store, study, share, and collaborate on study materials such as flashcards, notes with images and audio, and personalized quizzes. The platform serves students primarily in secondary and higher education, addressing the problem of effective, flexible study and knowledge retention. StudyBlue has demonstrated growth momentum by attracting millions of users and raising over $16 million in funding before being acquired by Chegg in 2018[1][2][3].
Founded in 2006, StudyBlue emerged from the need to provide students with a digital, accessible way to study and share educational content. The founders, with backgrounds in education and technology, identified the challenge students face in organizing and mastering course materials outside the classroom. Early traction came from the platform’s crowd-sourced content model and mobile accessibility, which quickly attracted a large user base. Over time, StudyBlue evolved into a comprehensive study tool before its acquisition by Chegg, which integrated its extensive content library into a broader educational offering[1][2].
StudyBlue rides the trend of digital transformation in education, particularly the shift toward mobile learning and personalized study aids. The timing was favorable as smartphone adoption and cloud technologies matured, enabling scalable, on-demand learning tools. Market forces such as increasing demand for flexible, student-centered learning solutions and the rise of edtech platforms have supported StudyBlue’s growth. By enabling collaborative and personalized study, StudyBlue has influenced the broader ecosystem by demonstrating the value of crowd-sourced educational content and mobile accessibility in improving learning outcomes[1][2].
Following its acquisition by Chegg, StudyBlue’s technology and content have been integrated into a larger suite of educational services, positioning it well to benefit from ongoing trends in digital education, such as AI-driven personalized learning and expanded mobile engagement. Future growth will likely be shaped by advances in adaptive learning technologies and increasing demand for remote and hybrid education solutions. StudyBlue’s legacy as a pioneer in mobile, crowd-sourced study tools continues to influence how students engage with educational content in a digital-first world[1].
StudyBlue has raised $15.0M across 3 funding rounds. Most recently, it raised $4.0M Venture Round in September 2015.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2015 | $4.0M Venture Round | Acrew Capital, Jenny Fielding, Scott Hartley, Future Perfect Ventures, Great Oaks Venture Capital, Seven Seven Six, Structure Capital, Teamworthy Ventures, Daniel Rosensweig, Eric Ries | |
| Jun 1, 2014 | $2.0M Venture Round | Acrew Capital, Jenny Fielding, Scott Hartley, Future Perfect Ventures, Great Oaks Venture Capital, Seven Seven Six, Structure Capital, Teamworthy Ventures, Daniel Rosensweig, Eric Ries | |
| Jan 1, 2013 | $9.0M Series A | Acrew Capital, Jenny Fielding, Scott Hartley, Future Perfect Ventures, Great Oaks Venture Capital, Seven Seven Six, Structure Capital, Teamworthy Ventures, Daniel Rosensweig, Eric Ries |