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About Perlego
Industries
Consumer Software
Education
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$82.7M
Headquarters
London, United Kingdom
Founded
2017
Overview
Company Does Not Provide H1B Sponsorship
Perlego offers a digital platform that gives students unlimited access to a large online library of academic textbooks. It operates on a subscription model, allowing users to choose between monthly or annual plans to access over a million textbooks and learning resources at a lower cost than traditional textbook purchases. The platform features built-in study tools, such as a personalized eReader, highlighting and note-saving capabilities, and a search function, which enhance the learning experience. Founded by students who faced the high costs of textbooks, Perlego aims to make education more affordable and accessible. Its revenue comes from subscription fees, and it provides a free trial for new users, making it easy for students to try the service. Perlego stands out by addressing the financial challenges of students and offering a comprehensive resource that supports a wide range of academic topics.
Simplify's Take
What believers are saying
- Perlego secured $20 million in funding, enhancing its growth potential.
- The partnership with Bango expands Perlego's reach through global resellers.
- Perlego's AI researcher tool aims to revolutionize student learning experiences.
What critics are saying
- Increased competition from similar EdTech platforms may dilute Perlego's market share.
- Dependency on third-party platforms like Bango could affect direct customer relationships.
- Pressure from investors for rapid growth may lead to strategic missteps.
What makes Perlego unique
- Perlego offers a vast online library with over a million academic textbooks.
- The platform includes built-in study tools like a personalized eReader and note-saving features.
- Perlego's subscription model provides affordable access to educational resources for students.
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Funding
Total Funding
$82.7M
Above
Industry Average
Funded Over
5 Rounds
Benefits
Health Insurance
Mental Health Support
Flexible Work Hours
Unlimited Paid Time Off
Sabbatical Leave
Family Planning Benefits
Workplace Nursery Benefit
Cycle to Work Scheme
Work-Life Balance
Flexi Bank Holidays
Learning and Development Budget
Growth & Insights and Company News
6 month growth
ā 3%1 year growth
ā 1%2 year growth
ā 1%Perlego, een bedrijf dat abonnementen aanbiedt op academische boeken, tankt 20 miljoen dollar (18,2 miljoen euro) bij. Het geld komt onder meer van Mediahuis, dat er al een tijdje aandeelhouder is. Perlego is de baby van de Belg Gauthier Van Malderen.
Perlego, an education technology platform known as the "spotify for textbooks," has secured a $20m fundraising round led by sir Terry Leahy, the former CEO of Tesco.
Digital library Perlego has unveiled a new artificial intelligence (AI) researcher tool, which it says will "revolutionise" the way students learn.
Amazon Web Services (AWS) today announced 15 startup companies selected to participate in the inaugural AWS Education Accelerator. Announced in October 2023, the AWS Education Accelerator supports education technology (EdTech) startups who are innovating to enhance the teaching and learning experience and improve educational outcomes. Read this blog post to learn about the 15 participants.
Bango PLCCAMBRIDGE, United Kingdom, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Bango (AIM: BGO), the global platform for data-driven commerce, today announces a partnership with Perlego to enhance the array of subscription services available via the Bango Digital Vending MachineĀ®. This collaboration empowers telcos, banks, retailers and other channels to enrich their Super Bundling subscription hubs by incorporating Perlego's innovative online book subscription service.As consumer appetite for content grows, there is increasing demand for greater control over the accessibility and management of subscription services. The Bango Digital Vending MachineĀ® is a comprehensive solution for Super Bundling subscription services, bringing together multiple offers in a single, coherent consumer experience.Perlego's one-of-a-kind online educational library offers students around the world unlimited access to an extensive collection of over 1 million educational ebooks from leading publishers. By teaming up with Bango, Perlego extends its reach to a broader audience through resellers on a global scale.Resellers, including telcos, deploy the Bango Digital Vending MachineĀ® to engage and captivate a larger customer base by seamlessly bundling third-party subscriptions with their own services at scale. The absence of Bango's technology in this market previously resulted in inefficiencies, relying on numerous separate one-to-one integrations, leaving consumers without an efficient means to manage their subscriptions in one centralized location."We're excited to welcome Perlego to our Digital Vending MachineĀ®, expanding the diversity and range of subscription services immediately available for our reseller partners to offer their customers
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About Perlego
Industries
Consumer Software
Education
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$82.7M
Headquarters
London, United Kingdom
Founded
2017
Perlego is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today