ScholarBuys is an academic marketing company located in Carpentersville, Illinois, co-founded by Matt Ryan and Bob Smith.[3] ScholarBuys uses group buying to leverage economies of scale in software licensing.[3]
 | |
| Company type | Private |
|---|---|
| Industry | Software, Education |
| Founded | 2007[1] |
| Headquarters | Carpentersville, Illinois, United States[1] |
Key people |
|
| Revenue |  $22.1 million (2017)[1] |
Number of employees | 9[1] |
| Website | www.scholarbuys.com |
Company revenues doubled between 2008 and 2010, and the firm has launched an offshoot brand, VarsityBuys, which targets students, rather than college administrators.[3] In Illinois, the company handles software licensing for over 50 colleges and universities, although the firm's reach is national.[3] The company entered into a partnership in 2011 with the Federation of Independent Illinois Colleges and Universities.[4]
ScholarBuys has been named to Inc Magazine's Inc. 5000 list four different times (2012, 2013, 2017, and 2018), including a ranking at #41 on the "Top 100" companies in Education.[1]
References
edit- ^ a b c d e "Company Profile: ScholarBuys". Mansueto Ventures LLC.
- ^ Kalmar, Melanie. "Tech reseller finds strength in numbers". Sun-Times Media, LLC.
- ^ a b c d Chinwah, Larissa (January 26, 2011). "Economic downturn? Not at this business". Daily Herald. Retrieved February 22, 2013.
- ^ Cadwallader, Naomi (30 June 2011). "ScholarBuys Announces New Illinois Higher Education Partnership". Chicago Tribune. Retrieved 24 February 2013.