Overview

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Acquisitions
2 Acquisitions
Total Equity Funding
$56M in 5 Rounds from 5 Investors
Headquarters:
San Mateo, California
Description:
Rafter is redesigning and transforming course materials management in higher education with its innovative textbooks-in-tuition solution.
Founders:
Categories:
Education, EdTech
Website:
http://www.rafter.com
Social:

Company Details

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Rafter is an established course materials management company whose mission is to promote student success by making education accessible, affordable, and effective for all. Rafter is redesigning and transforming course materials management in higher education with its innovative textbooks-in-tuition solution, Rafter360. Rafter has helped hundreds of campuses and over 2.7 million students to save nearly $700 million on textbooks. Rafter, headquartered in San Mateo, CA, is a privately held company. To learn more visit www.rafter.com

Rafter was formed from the rebranding of popular textbook rental service (and Chegg competitor) BookRenter in July 2012.

Funding Rounds (7) - $86M

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DateAmount / RoundValuationLead InvestorInvestors
Jul, 2014undisclosed amount / Series E1
Oct, 2012$20M / Series D1
Feb, 2011$20M / Series C5
Feb, 2011$20M / Debt Financing2
Sep, 2010$10M / Debt Financing1
Jun, 2010$10M / Series B4
Nov, 2009$6M / Series A3

Acquisitions (2)

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DateAcquiredAmount
Jun 27, 2012Unknown
Jun 12, 2012Unknown

Current Team (8)

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Board Members and Advisors (2)

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Competitors (2)

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  • Chegg is an online textbook rental company offering services to universities and community colleges in the U.S.
  • Founded as CampusBookRentals, we aim to deliver significant value to students through partnerships in college bookstores and online.

Offices/Locations (1)

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  • Headquarters

    177 Bovet Road

    Floors 2 & 3

    San Mateo, California 94402

    United States

Images (2)

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