California-headquartered online learning platform Course Hero has bought Amsterdam-based Scribbr, a multilingual proofreading, editing and citation services provider for academic writing.
The acquisition comes on the heels of a recent $380 million series C round raised by Course Hero in December 2021 at a $3.6 billion valuation.
The round was led by Wellington Management with participation from new investors Sequoia Capital Global Equities, Omers Growth Equity and D1 Capital Partners, as well as existing investors including GSV Ventures, NewView Capital, SuRo Capital, TPG and Valiant Peregrine Fund.
The add-on of Scribbr is part of an incisive acquisition strategy pursued by Course Hero in the last few years. Since 2020, the company has expanded its portfolio with the acquisitions of CliffsNotes, LitCharts, QuillBot, and Symbolab.
Founded in 2012, Scribbr has grown from a proofreading and editing-only service to a network of more than 700 editors globally, supporting multiple languages and academic offerings including grammar edits, language notes, and clarity checks.
The platform has also expanded to offer a plagiarism checker and citation tools including a citation generator and a citation checker, to ensure the citations listed are accurately formatted and free of stylistic errors and inconsistencies.
Andrew Grauer, co-founder and chief executive of Course Hero, said: “Scribbr joining Course Hero Inc accelerates our vision of helping learners of all backgrounds succeed in the classroom.”
Bas Swaen, founder of Scribbr, added: “While studying at Tilburg University, I realised how fortunate I was to have parents as educators who offered me additional academic support throughout my studies, so I could reach my full potential. Many of today’s students don’t have access to that kind of individual support. In building Scribbr, we set out to close those gaps by pairing the best of human insight and coaching with leading technology to help students become better writers. We’re excited to join the Course Hero team to expand our impact at a moment when students are juggling unprecedented challenges.”
Date published: 10 March 2022