The Reston, Virginia-based startup, bankrolled by $7 million in venture funding including support from AOL co-founder Steve Case, is tapping into cutting-edge trends in higher education centered on online resource sharing. Koofers facilitates student interaction in virtual space by providing free digital resources such as online access to coursework.
“We provide an online platform for college students to collaborate with each other around academics – connect with each other, share past exams, study guides, notes,” said Koofers CEO Gio Hunt. “We’re really tied into the way students are thinking about content.”
Koofers is harnessing the power of the Facebook generation – the millennials’ imperative to make everything be transparent, whether it’s what they ate for lunch or how the Econ 101 professor rates relative to his peers.
“We’re just riding this great wave of grassroots student interaction,” said Hunt, whose firm has a registered user base from more than 3,000 colleges across the United States.