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Build a Spreadsheet Problem: The Rise of Course Hero's Valuation

Course Hero, the American education technology company, has come a long way since its inception in 2006 at Cornell University. Founded by Andrew Grauer, the platform was initially designed for college students to share lectures, class notes, exams, and assignments. Over the years, the company has undergone significant transformations, with multiple funding rounds propelling its growth and valuation.

In November 2014, Course Hero raised $15 million in Series A Funding, led by investors such as GSV Capital and IDG Capital. This injection of capital enabled the company to expand its operations and improve its platform. The following year, in February 2020, Course Hero secured a further $10 million in Series B Funding, valuing the company at over $1 billion. This round was led by NewView Capital, with Ravi Viswanathan, founder and managing partner of NewView Capital, joining Course Hero's board of directors.

SV Angel and Maveron also participated in the Series B Funding, demonstrating their confidence in the company's potential for growth. The funds raised enabled Course Hero to further develop its platform, enhance user experiences, and expand its team.

Course Hero's unique approach to online learning has been instrumental in its success. The platform offers a wide range of study resources, including practice problems, step-by-step explanations, essays, lab reports, videos, and original materials created by educators. Users can access these resources either by purchasing a subscription or contributing content themselves.

The company's crowdsourced learning model allows students to benefit from the collective knowledge and experiences of their peers. With millions of documents uploaded, Course Hero has become an indispensable resource for students seeking academic support.

In conclusion, Course Hero's remarkable journey is a testament to its innovative approach to education technology. From its humble beginnings at Cornell University to its current valuation of over $1 billion, the company has demonstrated its ability to adapt and grow in response to changing market conditions. As it continues to evolve and expand its services, Course Hero remains poised for even greater success in the years to come.

Build a spreadsheet problem 4-29 moravia company course hero