R
Rafter
Rafter, Inc – Course Materials Management Technology Partner
About Rafter
Rafter, founded in 2006 and based in San Mateo, California, is a course materials management technology company dedicated to promoting student success. The company partners with campuses to make education more accessible, affordable, and effective. Leveraging its extensive experience and long-term relationships with hundreds of colleges and suppliers, Rafter is transforming the discovery, management, and distribution of learning materials in higher education. Its flagship solution, Rafter360®, integrates textbooks into tuition, providing a seamless and cost-effective approach to course materials. This solution has been adopted by hundreds of campuses and has benefited over 2.7 million students, resulting in nearly $700 million in savings on textbooks. Rafter operates in the higher education market, serving colleges and universities by offering a business model that integrates course materials into tuition fees, thereby generating revenue through institutional partnerships and service fees.
Source: Dealroom company dataAt a glance
- Status
- Closed
- Founded
- 2006
- Headquarters
- San Mateo, United States
- Employees
- 27
- Open positions
- None listed
- Dealroom signal
- 0.0/100
- Industry
- Education
- Sector
- Edtech, Printing, Student
- Client focus
- b2c
- Investment activity
- 1 company, latest Jun 2012
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Rafter.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES EOther financing | Jul 2014 | — | — | Norwest Venture Partners | — |
| SERIES DOther financing | Oct 2012 | $20M | $80M | Focus Ventures · Storm Ventures · Norwest Venture Partners · Lighthouse Capital Partners | — |
Growth signals
Latest recorded traffic for Rafter is 530 monthly website visits, up 307.7% over the last three months. Rafter's team declined 22.9% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Storm Ventures
Kortschak Investments
Adams Capital Management
Norwest Venture Partners
Series B and later2 investors entered at this stage
Lighthouse Capital Partners
Focus Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Rafter on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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