Type Private Revenue $9.6 million (2011) Founded 2007 | Industry Software, Education Website www.scholarbuys.com Number of employees 10 | |
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Headquarters Carpentersville, Illinois, United States Key people Matt Ryan and Bob Smith (co-founders) Motto Academic Software Licensing Experts | ||
Scholarbuys volume software licensing
ScholarBuys is an academic marketing company located in Carpentersville, Illinois co-founded by Matt Ryan and Bob Smith. ScholarBuys uses group buying to leverage economies of scale in software licensing.
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Company revenues doubled between 2008 and 2010, and the firm has launched an offshoot brand, VarsityBuys, which targets students, rather than college administrators. In Illinois, the company handles software licensing for over 50 colleges and universities, although the firm's reach is national. The company entered into a partnership in 2011 with the Federation of Independent Illinois Colleges and Universities.
ScholarBuys is an Autodesk Authorized Academic Reseller. In 2012, ScholarBuys was named to Inc Magazine's Inc5000 list, including a ranking at #41 on the "Top 100" companies in Education.