ValoreBooks, an online textbook marketplace, has been acquired by SimpleTuition, a collection of online education brands backed by Atlas Ventures, Flybridge Capital, and North Hill Ventures.
- The acquisition of ValoreBooks expanded the company’s suite of savings-focused products to help students and their families plan for the cost of college
About Valore
Valore was founded in 2006 when the company launched a leading online student loan comparison engine that has helped more than 10 million families pay less for their education. Since then, the company has launched products including SmarterBucks, a rewards program that helps pay down any student loan and PayBackSmarter, a student loan repayment tool, making it easier for people nationwide to get debt-free faster and for less.
About SimpleTuition
Since its launch in 2006, SimpleTuition has helped more than 10 million families afford higher education. SimpleTuition.com features tips, advice, interactive tools and deals that ensure students plan better for college costs, pay less for college-related expenses, and be smarter about how they manage and pay back their student loans. In addition to SimpleTuition.com, the company manages SmarterBank, SmarterBucks and PayBackSmarter, a suite of products that help graduates manage and pay down their student debt. Named Best Financial Services Site by Kiplinger’s, SimpleTuition is headquartered in Boston, Mass., and is funded by Atlas Venture, Flybridge Capital Partners, and North Hill Ventures.
Transaction Details
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SectorsCorporate & Business Solutions
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ServiceM&A
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OwnershipFounder-Owned