Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

RedShelf

Explore full profile

Helping the learning community transition to digital through software that makes learning materials, like eTextbooks, affordable and easy to use on all devices

Chicago, United StatesFounded 2012Edtech
Valuation $100–250M Last recorded · 2023
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for RedShelf and the history behind them.

About RedShelf

RedShelf operates as a digital learning platform within the educational technology market, focused on making course materials more affordable and accessible for higher education students. Founded in Chicago in 2012 by Greg Fenton and Tim Haitaian, the company was born from their vision to address the high cost of traditional textbooks. The founders' journey began during their college years; Haitaian, a finance and accounting graduate from Arizona State University, and Fenton, a former professor, initially created a note-trading website. This early venture evolved into a more collaborative approach with educators, leading to the creation of RedShelf's core platform.

The company's primary clients are higher education institutions, including campus bookstores and course materials managers, serving millions of students annually. RedShelf's business model is centered on its end-to-end Content Delivery System (CDS), which streamlines the acquisition and distribution of digital course materials. Revenue is generated by facilitating the sale and distribution of nearly a million digital titles from over 600 publishers. The platform supports various access models, including "Inclusive Access" and "Equitable Access," which bundle the cost of digital materials into tuition or fees, ensuring students have access on the first day of class at a reduced price. In April 2025, RedShelf was acquired by VitalSource, a move intended to expand its network and accelerate development in the changing edtech landscape.

RedShelf's main offering is its digital platform and proprietary eReader. The eReader provides students with a suite of study tools designed to enhance learning, such as the ability to highlight text, take and share notes, create flashcards, build study guides, and generate citations. Additional features include a text-to-speech function and offline access. For institutions and campus stores, the platform provides a dashboard to manage digital content, from faculty adoptions and pricing to distribution and billing, integrating directly with university learning management systems (LMS).

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Chicago, United States
Employees
37
Open positions
None listed
Dealroom signal
60.3/100
Industry
Education
Sub-industry
Learning Tools and Resources
Sector
Edtech, Textbooks, Printing, Higher Education
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Apr 2025 $0 — VitalSource ↗
LATE VCOther financing Mar 2023 $15M $125M Undisclosed ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

RedShelf website traffic

Latest recorded traffic for RedShelf is 320K monthly website visits, down 65.6% over the last three months. RedShelf's team declined 32.7% over the past year.

Latest monthly visits320K 3-month web change-65.6% 1-year team growth-32.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • National Association of College Stores
  • Coniston Capital

Series B and later3 investors entered at this stage

  • Tao Huang
  • Rick Lane
  • DNS Capital

Other known investors1 additional known investor

  • VitalSource
Team profiled 16 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States97.4%
🇲🇽 Mexico2.6%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about RedShelf 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

See RedShelf’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.