The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. (November 2018) (Learn how and when to remove this template message)
|Industry||Education, Social Learning Network, E-commerce|
|Founders||Jackey Li, Maggie Peng, Jack Tai, Kevin Wu|
|Products||Class notes, homework help, textbook solutions|
OneClass is an online educational technology platform where university students share notes and access resources.
In September 2010, the precursor to OneClass, called Notesolution, was founded by four undergraduate students from the University of Toronto as a way to provide students with additional learning resources in the form of course notes.
One year later in October 2011, Notesolution acquired StudyMonkey, a competitor with a similar note-sharing platform.
Notesolution raised $400,000 in 2012 and participated in FounderFuel’s Accelerator Program in Montreal. In 2013 OneClass raised $1.6M from a Series A led by SAIF Partners, Real Ventures, and several other angel investors totaling $2.3M in funding over three rounds.
OneClass uses a freemium model where users can contribute learning material by uploading notes and study documents in exchange for site currency, or “credits.” Users can use credits to unlock other documents on the site for viewing or downloading, or use the credits to purchase gift cards. Alternatively, users can choose to pay for a subscription. Additionally, OneClass offers an app where users can ask questions and get help from other students and tutors.
Opinions are mixed about the concept of students sharing study content such as lecture notes and exam study guides. Some students, such as University of Saskatchewan Students' Union VP academic Kelsey Topola, say that notes are students' intellectual property, and they can share them. There are others such as Professor Camille Hernandez-Ramdwar of Ryerson University who points out that students who post their notes may not have the correct interpretation of the material, which can result in a problem for other students.
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