Charly buys StudyStuff

The Berlin-based start-up buys the Munich-based learning platform. Those responsible now want to merge the content with their own offering.
The Berlin start-up Charly Education currently offers a student cloud, wants to grow further and has now made an acquisition. The Berlin-based company is acquiring the Munich-based learning platform StudyStuff for an undisclosed price and wants to merge the content of both platforms. Charly hopes to become the leading learning platform in Germany. StudyStuff founder Nicolas Colsman will remain on board as an advisor.
Charly originally started out as a printing service for students, but has since specialized in its own learning tools. Students can create digital flashcards on the platform and talk to tutors, who send the solutions either by video or image. In February, the start-up completed a Series A financing round for three million euros.
With the acquisition of StudyStuff, the in-house library of exam-relevant questions is now set to grow. Daniel Schosser and founder Nicolas Colsman launched the start-up in 2016 and were part of the LMU Munich Accelerator for the following two years. They now have 100,000 members. Together, the two companies have over 500,000 members, making Charly the leading platform in this field. The aim of the start-up is to enable students to prepare for exams digitally.

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