Perlego, often referred to as the “Spotify for textbooks,” has made a significant move forward with the announcement of a $20 million funding round. The round welcomed prominent investors, including Sir Terry Leahy, ITHAKA, Mediahuis nv, and KPN, providing a substantial boost to the digital textbook platform.
Founded with the mission to make educational resources more accessible, Perlego offers a subscription-based model that gives students access to a vast library of over 1 million textbooks, covering a wide range of academic subjects. This latest round of investment will help fuel the company’s growth as it continues to transform the way students and institutions engage with academic content.
In a statement, Gauthier Van Malderen, Perlego’s Founder and CEO, expressed his excitement over both the investment and the company’s latest product launch—the AI-powered Research Assistant. The new tool offers a conversational search experience, designed to help students efficiently navigate through the wealth of information in Perlego’s library. This intelligent assistant delivers precise search results, provides a clear overview of the findings, and directs users to the full texts of the most relevant resources.
According to Van Malderen, the tool not only enhances the student research process but also plays a critical role in supporting publishers and authors. By providing clear attribution and fair compensation, Perlego ensures that content creators maintain control over their work, fostering a sustainable ecosystem for academic publishing.
The combination of fresh capital and cutting-edge technology positions Perlego for its next phase of growth, as it continues to push the boundaries of digital learning and support a fairer future for education.
For more information, visit Perlego’s website.
