Textbookrental.ca Inc., a Toronto, CA-based company that rents and sells textbooks to college and university students, raised $415k in seed funding.
The round was led by Seek Capital, with participation of management.
The company intends to use the funds to increase sales activity.
Founded in 2011 by Gershon Hurwitz and Michael Stock and led by CEO Brandon Luft, Textbookrental.ca rents textbooks to university and college students in Canada through their website, www.textbookrental.ca. The company also partners with fifteen universities and colleges including George Brown College, Dalhousie University and Fanshawe College.