eFaqt

eFaqt, now operating as StudySmart.ai, is an education technology platform founded in 2010 by Timon Rutten and Christiaan Henny. The company provides a portal designed to assist learners by teaching them effective study methodologies and offering tools to apply these techniques. The platform is built for students who need to process large amounts of information from textbooks and articles.

The service centers around proven learning strategies such as Active Recall, Spaced Repetition, Mind Mapping, and the Feynman Technique. Users can upload their study materials, create digital flashcards, organize documents, and generate notes. The system then helps to internalize this information through interactive quizzes and a structured rehearsal system. Additionally, the platform facilitates collaboration by allowing students to share notes and materials with their peers. StudySmart.ai also offers AI-powered personalized study plans based on a user's goals and exam schedules, along with analytics to track learning progress.

The company operates on a Software as a Service (SaaS) business model. It generates revenue through monthly membership fees from individual students. A secondary revenue stream comes from selling licenses to educational institutions like schools and universities, as well as to corporate clients for group usage. This model allows the company to cater to a wide range of learners, from high school and university students to professionals.

Keywords: edtech, study tools, e-learning, learning platform, active recall, spaced repetition, mind mapping, Feynman technique, student resources, exam preparation, study notes, digital flashcards, SaaS, online learning, education technology, academic support, collaborative learning, study techniques, knowledge retention, personalized learning