Raises $23M in Series D Funding

academia, a San Francisco, CA-based academic platform provider, raised $23M in Series D funding.

The round was led by Tencent with participation from Khosla Ventures, Spark Capital and True Ventures.

The company intends to use the funds to expand into allowing academics to be peer-reviewed and published in journals hosted on the platform. 

Led by CEO Dr. Richard Price, is a platform for sharing academic research papers. Across physics, chemistry, biology, health sciences, ecology, earth sciences, cognitive science, maths, and computer science, teachers, doctors, business people and engineers can access Academia’s wealth of current and historic content as well as get recommendations, enable citations, and publish their work to a global audience.

Academia has indexed over 32 million papers since the 1600s. The company is adding 30,000-60,000 papers each day and has 28 million monthly visitors. Academia’s algorithms make about 20 million paper recommendations a day, connecting users to content from 42 percent of the world’s faculty in over 16,000 universities, including Oxford, MIT, Cal-Berkeley and NYU.