Flashnotes.com Acquires Online Study Materials Marketplace Moolaguides

BOSTON, March 4, 2014 /PRNewswire/ -- Flashnotes.com, the student-to-student study materials marketplace, today announced that it has agreed to acquire Moolaguides, an online study materials marketplace started by Florida State University senior Thomas Brady. The second acquisition for Flashnotes.com following its purchase of NoteUtopia in 2013, Moolaguides.com has generated a quarter of a million in revenue and has a strong user base at Florida State University and surrounding colleges University of South Florida and University of Florida. The acquisition follows Flashnotes.com's recent $3.6 million Series A round of funding as the peer-learning platform continues its expansion to colleges and universities across the country.

"Moolaguides was created with a similar vision to help college students earn money – and to get better grades, and Tom has developed an impressive business," said Michael Matousek, founder & CEO of Flashnotes.com. "We're excited by this opportunity to expand our student-to-student marketplace, particularly at FSU, and we think Moolaguides users will really benefit from our expanded selection of study materials and payment distribution for student sellers."

On Flashnotes.com, college students sell and buy course-specific study materials -- study guides, notes, flashcards, video tutorials, and live video help. Its Pays2Study^TM approach empowers smart college students to make money from their own study material while helping other students study smarter to get better grades. The site saw a 175% growth in users in 2013 and is on track to grow even more in the current semester.

"At Moolaguides, we've helped thousands of college students study smarter with our online marketplace, and our dedication to helping students improve their academic performance will live on with Flashnotes.com," said Thomas Brady, founder of Moolaguides and his latest venture dotSIMPLY. "They're emerging as the leading force in helping to reshape higher education, and I believe their brand has the power to create meaningful change in terms of how college students learn and succeed. "

For more information on Flashnotes.com, please visit http://www.flashnotes.com, follow @flashnotes on Twitter, or become a fan of Flashnotes.com on Facebook.

About Flashnotes.com

Headquartered in Boston, Mass., Flashnotes.com is the student-to-student study materials marketplace. On Flashnotes.com, college students sell and buy course-specific study materials -- study guides, notes, flashcards, video tutorials, and live video help. College students need two things -- more money and better grades. Flashnotes.com Pays2Study^TM approach empowers smart college students to make money from their own study material while helping other students study smarter to get better grades. For further information, visit www.flashnotes.com.

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SOURCE Flashnotes.com