The Amsterdam-based online education database StuDocu (in The Netherlands known as StudeerSnel), announced a 1.35 million euro early stage funding round done by Peak Capital and Point Nine Capital. The investment will be used to rollout worldwide.
StuDocu lets students share their college notes, summaries and old tests. According to the startup more than 400.000 students in The Netherlands use the platform, next to 100.000 users abroad. The platform is available in Dutch, German, English and Spanish.
The startup was founded in 2013 by Jacques Huppes, Marnix Broer, Lucas van den Houten and Sander Kuijk while they were in college in Delft. Right now StuDocu has 24 FTEs.
Co-founder Jacques Huppes: “With the rising amount of information on our platform, we must keep invent smarter ways to get that info to the user. The investment allows us to do that, along with expanding our technical team.”
The investment in StuDocu may be marking a renewed interest in Dutch edtech startups, as we haven’t seen many deals in this sector this year. In November though, eFaqt for instance received 2 million euro in seed money.
For Berlin-based Point Nine Capital it’s the second investment in a Dutch startup in a very short time. Earlier this week they invested in Deskbookers.
Photo by Pieter van Marion (creative commons via Flickr)