When was Luvo founded?

Luvo was founded in 2009 and raised its 1st funding round 3 years after it was founded.

Where is Luvo located?

Luvo is headquartered in Boston, United States.

How many employees does Luvo have?

As of Apr 30, 2026, the latest employee count at Luvo is 15.

Is Luvo a funded company?

Luvo is a funded company, having raised a total of $14.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 25, 2012.

When was the latest funding round of Luvo?

Luvo's latest funding was a $***** Series B round on Mar 20, 2015, with participation from 7 investors.

Where does Luvo rank among its competitors?

Luvo ranks 5th amongst 387 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Bookshop, which secured $1.8M in Mar, 2023.

Who are the top competitors of Luvo?

Luvo's top competitors include VitalSource, Bookshop and Alibris. Among them, Bookshop secured the most recent funding round in March, 2023.

Luvo - 2026 Company Profile, Team, Funding & Competitors

Luvo is a deadpooled company based in Boston (United States), founded in 2009 by Michael Matousek and Nik Sehgal. It operates as an Online marketplace for student notes and online tutoring. Luvo has raised $14.2M in funding from Cengage India and Stage 1 Ventures. The company has 387 active competitors, including 4 funded and 15 that have exited. Its top competitors include companies like VitalSource, Bookshop and Alibris.

Company Details

Luvo, previously known as Flashnotes, is an online marketplace that enables student-to-student exchange of academic materials and also helps to find online tutors. College students sell and buy course-specific study materials like study guides, notes, flashcards, video tutorials, and live video help. hat pay period. Tutors get paid depending upon the number of tutoring hours. The site saw a 175% growth in users in 2013. Acquired NoteUtopia and Moolaguides.

Website: luvolearn.com
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Key Metrics

Founded Year

2009

Location

Boston, United States

Stage

Deadpooled

Total Funding

$14.2M in 4 rounds

Latest Funding Round

Series B, Mar 20, 2015, $*****

Investors

Cengage India & 17 more

Ranked

5^th among 387 active competitors

Employee Count

15 as on Apr 30, 2026

Investment & Acquisitions

Moolaguides.com & 1 more

Similar Companies

Alibris & 301 more

View Luvo's full profile

Luvo has raised a total funding of $14.2M over 4 rounds. Its first funding round was on Oct 25, 2012. Its latest funding round was a Series B round on Mar 20, 2015 for $*****. 7 investors participated in its latest round. Luvo has 13 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Luvo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 20, 2015	5857094	Series B	2517455	4650354	9754605	8769245
Feb 03, 2014	6821011	Series A	3006645	3786461	3983523	Runa Capital & 2 more
Jul 24, 2013	8790976	Seed	6214805	6013969	Nicole M Stata & 1 more	Deborah Quazzo & 2 more

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View details of Luvo's funding rounds and investors

The founders of Luvo are Michael Matousek and Nik Sehgal.

Here are the details of Luvo's key team members:

Michael Matousek: Former Founder of Luvo and founder of 1 other company.
Nik Sehgal: Co-Founder of Luvo.

View details of Luvo's Founder profiles and Board Members

Luvo's employee count trend

Luvo has 15 employees as of Apr 26. Here is Luvo's employee count trend over the years:

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Top competitors of Luvo include VitalSource, Bookshop and Alibris. Here is the list of Top 10 competitors of Luvo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	VitalSource 1994, Raleigh (United States), Acquired	Digital learning platform providing eTextbooks and educational resources	-	-	63/100
2nd	Bookshop 1998, Brooklyn (United States), Seed	Online retailer of books	$1.8M	-	55/100
3rd	Alibris 1997, Emeryville (United States), Acquired	Online marketplace for books, music, and movies	$56.3M	Square 1 Bank, Oak Hill & 3 others	52/100
4th	HipComic 2016, Raleigh (United States), Unfunded	Online marketplace for comic book collectors	-	-	52/100
5th	Luvo 2009, Boston (United States), Deadpooled	Online marketplace for student notes and online tutoring	$14.2M	Atlas Venture, Accomplice & 16 others	36/100
6th	Akademos 1999, Norwalk (United States), Acquired	VitalSource: powering digital learning with innovative content delivery and AI	$3M	Kohlberg Ventures, Western Technology Investment	41/100
7th	Unknown Comic Books 2016, Amarillo (United States), Unfunded	Online retailer of comic books	-	-	40/100
8th	BooktoCash 2019, Baton Rouge (United States), Unfunded	Online platform to sell used books	-	-	40/100
9th	eCampus.com 1999, Lexington (United States), Unfunded	Online textbook retailer offering new, used, and digital textbooks	-	-	39/100
10th	BookScouter 2007, Wilmington (United States), Funding Raised	Online retailer of used textbooks providing buyback price comparison services	-	RoundSphere	39/100