Rafter

company

About

Rafter is redesigning and transforming course materials management in higher education with its innovative textbooks-in-tuition solution.

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$10M
Industries
EdTech,Education
Founded date
Aug 1, 2006
Number Of Employee
51 - 100
Operating Status
Active

Rafter is an established course materials management company whose mission is to promote student success by making education accessible, affordable, and effective for all. Rafter is redesigning and transforming course materials management in higher education with its innovative textbooks-in-tuition solution, Rafter360. Rafter has helped hundreds of campuses and over 2.7 million students to save nearly $700 million on textbooks. Rafter, headquartered in San Mateo, CA, is a privately held company. To learn more visit www.rafter.com

Rafter was formed from the rebranding of popular textbook rental service (and Chegg competitor) [BookRenter](http://www.crunchbase.com/organization/bookrenter-com) in July 2012.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$30M
Rafter has raised a total of $30M in funding over 2 rounds. Their latest funding was raised on Jul 1, 2014 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 1, 2014 Series E 1 Detail
Feb 23, 2011 Series C $20M 1 Detail
Jun 3, 2010 Series B $10M 1 Norwest Venture Partners Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Rafter is funded by 1 investors. Norwest Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Norwest Venture Partners Series E