
StudyStream
A 24/7 video platform & online community for students to study together.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
$2.1m | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 25 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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StudyStream operates a digital platform designed to enhance student productivity and motivation by creating a global, 24/7 online study environment. The company was co-founded in 2020 by Sarujan Ranjan, Erfan Soliman, and Tianyou Xu, who were students at the University of Cambridge at the time. Their firsthand experience with the challenges of remote studying and the sense of isolation during the COVID-19 pandemic directly informed the platform's creation. They sought to replicate the focused and communal atmosphere of a library, making it accessible to students anywhere in the world.
The platform, studystream.live, allows students to join virtual "Focus Rooms" via video, where they can study alongside peers from over 180 countries. This model fosters a sense of accountability and shared purpose, which has been shown to reduce procrastination and improve concentration. StudyStream primarily targets the global student population, from high school to university levels, who are seeking a more structured and less isolating study experience. Since its inception, the platform has attracted over 4.5 million users.
StudyStream's core service is free to access, which has been a key driver of its rapid user acquisition. The business model incorporates a freemium approach, with plans to introduce premium features for a subscription fee. These potential premium offerings could include advanced functionalities, specialized focus rooms, or mentorship opportunities. The company has secured pre-seed funding, with notable participation from the venture capital firm Antler, to support its growth and the development of these new revenue streams.
The service is built around large-scale video conferencing technology that supports thousands of simultaneous users in different rooms. Students can choose rooms based on their preferences, such as silent study or collaborative sessions. The platform's main benefit is its ability to create a palpable sense of community and mutual motivation, directly addressing the decline in student well-being and productivity associated with solitary studying. This focus on a supportive, global student network serves as its primary differentiator in the EdTech market.
Keywords: EdTech, online learning, student productivity, virtual study, peer accountability, freemium model, global education, community platform, remote studying, focus tools