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Rafter, Inc.
Business Summary
Rafter, Inc. is a privately-held, venture capital backed educational technology company. Rafter provides cloud based course material management and an online network for schools in the United States to rent, sell, and exchange books. Rafter, Inc. also owns BookRenter.com, which specializes in online textbook rental services for students. Founded in 2006 by Colin Barceloux, Sundeep Ahuja, and Gene Domecus, BookRenter.com, Inc. is headquartered in San Mateo, California.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2006 |
| Formerly Named: | BookRenter.com, Inc. |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | San Mateo |
| State/Province: | California |
| Country: | United States |
| Phone: | View |
| Websites: | www.bookrenter.com www.rafter.com |
Corporate Organization
| Brands: | BookRenter.com |
| Founders: | Colin Barceloux Gene Domecus Sundeep Ahuja |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Internet > Internet Content Providers |
| Internet > E-Commerce > Online Book Retail |
| Media > Education > Educational Books, Materials, & Products |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Amazon.com, Inc. |
| Barnes & Noble, Inc. |
| Chegg, Inc. |
Charts, Financials, and Statistics (Table Format)
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| Financial Notes: | |
| * | Rafter, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
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Rafter, Inc. Revenues ($ MM): |
Rafter, Inc. Total Employees: |
Rafter, Inc. Productivity (Revenue/Employee) ($ MM): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jun. 2012 | Completed | View | View | Acquisition | View |
| Details | Jun. 2012 | Completed | View | View | Acquisition | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Nov. 2009 | View | A | Venture Capital | |
| Nov. 2009 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| Jun. 2010 | View | B | Venture Capital | |
| Jun. 2010 | View | B | Private Equity | |
| Jun. 2010 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Sep. 2010 | View | Debt Funding | Lender | |
| Details | Total Round Debt Funding View | |||
| Feb. 2011 | View | Other | Venture Capital | |
| Feb. 2011 | View | Other | Lender | |
| Feb. 2011 | View | Other | Venture Capital | |
| Feb. 2011 | View | Other | Venture Capital | |
| Feb. 2011 | View | Other | Private Equity | |
| Feb. 2011 | View | Other | Venture Capital | |
| Details | Total Round Other View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: Rafter, Inc.
Rafter Business Overview
Rafter, Inc., formerly named BookRenter.com, Inc. provides a cloud based course material management service to higher education institutions throughout the United States. The service allows university administrators to manage both digital and physical educational materials. Rafter also allows students to easily find the best deals on textbooks through its large database of textbook prices and availability.
The Rafter business model focuses on building an effective course material management platform that requires no actual inventory on Rafter’s part. The service allows college bookstores and textbook suppliers to list their inventories and prices online through Rafter. Students and educators can then choose the best prices and deals using Rafter’s comparison tools. By building large listing of textbooks, Rafter is able to reduce overall costs for both students and administrators.
Rafter’s suite of solutions include Rafter Course Material… Continue Reading →
Exhibits
Supplemental Resources
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