Perlego is a digital online library focusing on the delivery of academic, professional and non-fiction eBooks.
Perlego's mission is to "make educational material more accessible and affordable for all"and to help publishers recover royalty share lost to online textbook piracy.
Perlego was founded in 2016 by Gauthier Van Malderen and Matthew Davis. The company is based in London, United Kingdom.
Perlego business model has been built around the idea of making the book subscription not free but at least considerably more affordable for students, or even institutions that might want to partner with Perlego to give their students access to the service as part of their offering to them.
Perlego currently has 400,000 paying subscribers who get all-you-can-read access to some 850,000 titles — textbooks, fiction and other literature that students are assigned as coursework at universities and other higher-learning institutions.
Perlego now has linked up with 6,000 institutions to fulfill class and course syllabi across 172 countries. Perlego works with 5,000 education publishers, including Cengage, Routledge, Cambridge University Press, Elsevier and Harvard University Press.
Perlego is backed by Accelerated Digital Ventures, Mediahuis Ventures, Raine Ventures, Evli Growth Partners, Dedicated VC, Charlie Songhurst, and others. The company raised $50M in Series B round on Mar 15, 2022. This brings Perlego's total funding to $65M to date.