Course Hero

Course Hero

Online platform for study resources and tutoring

About

Course Hero provides an online platform that offers a wide range of study resources for students seeking additional academic support. The platform allows students to upload their own study materials, fostering a collaborative environment where users can share and access each other's resources. In addition to user-generated content, Course Hero features AI-powered tools that deliver personalized answers, explanations, and study recommendations, enhancing the learning experience. The company also offers one-on-one tutoring services with expert tutors available around the clock. Course Hero operates on a freemium model, where basic access is free, but users can subscribe for premium features like unlimited study materials and priority tutoring access. This subscription model ensures a consistent revenue stream. Furthermore, Course Hero is exploring Augmented Reality (AR) and Virtual Reality (VR) technologies to create virtual classrooms, aiming to provide flexible remote learning options.

Company Stage

Series C

Employees

1,001-5,000

Industries

VR & AR, Consumer Software, Education

Total Funding

$464.4M

Headquarters

N/A

Founded

2006


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Simplify's Take

What believers are saying

  • Winning the 2024 AI Breakthrough Award highlights Course Hero's leadership in AI-driven educational solutions.
  • Strategic acquisitions like Scribbr and partnerships with organizations like CodePath expand Course Hero's service offerings and market reach.
  • The appointment of John Peacock as CEO, with his strong focus on innovation, positions the company for continued growth and adaptation in the evolving edtech landscape.

What critics are saying

  • The recent lawsuit from Post University over copyright infringement could pose significant legal and financial challenges.
  • Layoffs and leadership changes may indicate underlying instability and could affect employee morale and company culture.

What makes Course Hero unique

  • Course Hero's blend of user-generated content and AI-powered study help sets it apart from competitors who may focus solely on one aspect.
  • The company's exploration into AR and VR for virtual classrooms indicates a forward-thinking approach that could revolutionize traditional education models.
  • Course Hero's freemium model allows for broad accessibility while still generating steady revenue through premium subscriptions.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-8%

Benefits

Competitive salary, annual bonus, and RSUs

Medical coverage, including full dental and vision

Life and disability benefits

401(k) program

One month paid sabbatical after 5 years at the company

Education reimbursement

Professional development workshops & industry conferences

Paid parental leave

Flexible work schedule

Social responsibility program

Annual wellness stipend

Monthly tech stipend

Annual family planning stipend

Monthly snack boxes delivered to your door

Cell phone allowance

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