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Book rental companies having a subscription-based models where a monthly or periodic subscription fee is charged and members can rent a number of books based on the subscription. Book rental companies taking a fraction of book cost as rent. This is the most prevalent model in textbook and college book renting.
BookRenter initially received financing from several venture capital firms in Silicon Valley. In 2009, it announced a Series A round of $6 million, [12] raised from Storm Ventures and Adams Capital Management, then Norwest Venture Partners led the Series B round of $10 million, which included participation from prior investors Storm Ventures and Adams Capital Management.
TextbookStop is an online textbook company that offers students the option to either rent textbooks, buy textbooks, or sell textbooks. It was founded in Salt Lake City, Utah in 2008 by Pete Hurtubise and Brian Zilvitis, and is currently one of the primary textbook rental companies in the industry.
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Textbookrental.ca was established in 2010 by entrepreneurs Gershon Hurwitz and Mike Stock, [3] in response to student concerns about the rising cost of textbooks. [4] By 2011, the online store was selling textbooks at a discount and renting texts, allowing searching by textbook ISBN , author, and title, selecting a 2, 3, or 6 month (semester ...
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