Studysmarter is a comprehensive learning platform that combines the functionalities of many apps and tools: content management, content processing for creating interactive learning materials, statistics, and intelligent NLP algorithms. The platform is not tied to specific topics and can therefore be used by students and pupils of all disciplines.
“Central platform for learning worldwide”
"Many students drop out of their studies, and the challenges of the learning process play a crucial role here. That's why we founded Studysmarter as an intelligent platform that supports learners individually throughout their entire learning journey. Our platform enables a completely different approach to efficient digital education and successful outcomes for hundreds of millions of learners worldwide. With Owl and Left Lane, we have found the perfect partners who share our vision of becoming the central platform for lifelong learning worldwide."
is Maurice Khudhir, CMO and co-founder of Studysmarter, sure.
New markets in sight
Since the Seed financing in June 2020 The Munich-based startup has taken its first step toward expanding into the United Kingdom. With the new investment behind it, it now plans to expand internationally into 12 new markets within the next 12 months: In addition to the US and the UK, Studysmarter primarily aims to test markets such as Brazil, India, and Indonesia. In addition, the company is further developing the product itself and will expand its workforce from the current 60 to up to 150 employees. To this end, the company is further expanding its hybrid working approach and plans to open new locations.
“StudySmarter’s award-winning platform revolutionizes the learning process and provides learners of all disciplines with the opportunity to succeed and achieve their goals,”
said Jenny Wang, Principal at Owl Ventures. She continues:
"More than a quarter of all students and high school graduates in Germany now use the StudySmarter platform, and we're very excited to see the team successfully grow and expand. We're very curious about the impact StudySmarter will have on millions of learners worldwide."
