Company:Valore
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| Founded | 2005 (as SimpleTuition) January 2015 (as Valore) |
|---|---|
| Headquarters | Boston, Massachusetts , United States |
Key people | Woody Hunt VP Marketplace Technology |
| Parent | Follett |
Valore, Inc. is an American company that provides an online textbook marketplace, ValoreBooks. The Valorebooks.com marketplace solution helps students and bookstores to buy, sell and rent college textbooks online.[1]
History
Valore, Inc. (formerly SimpleTuition, Inc.), is the Boston-based parent company of ValoreBooks,[2] an online textbook marketplace. The company was founded in 2005 with the launch of its first product, SimpleTuition, an online student loan comparison engine. The SimpleTuition product is now operated by Lending Tree. The company has launched a number of additional products including SmarterBucks, a rewards program that helps pay down any student loan. SmarterBucks was sold to Gradifi in 2015.[3]
In 2012, to address the high cost of textbooks, the company acquired ValoreBooks — an online marketplace whose tagline claims that it saves students up to 90% on the cost of textbooks. In 2015, the company acquired Boundless, which offers affordable digital textbook replacements using openly licensed content.[citation needed]
Valore was venture-backed, and investors[4] included Atlas Venture, Flybridge Capital Partners and North Hill Ventures. Valore was acquired by Follett in 2016.[5]
References
- ↑ "Follett Acquires Valore Inc." (in en-US). http://www.follett.com/news?articleid=13976.
- ↑ "Error: no
|title=specified when using {{Cite web}}". http://www.prnewswire.com/news-releases/simpletuition-acquires-valorebooks-textbook-marketplace-169157496.html. - ↑ . PR Newswire. http://www.prnewswire.com/news-releases/gradifi-acquires-smarterbucks-300196239.html.
- ↑ "Error: no
|title=specified when using {{Cite web}}". http://www.valore.com/our-team/. - ↑ "Follett Acquires Valore Inc.'s Well-Established Marketplace". BookScouter. https://bookscouter.com/blog/2016/12/follett-acquires-valore-inc. Retrieved 2017-12-31.
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