eFaqt is a web platform aimed at enhancing the learning experience for students of all ages. The platform allows students to effectively study hard copy textbooks and articles by summarizing each chapter, creating questions, and sharing notes with other learners. This process is intended to improve skills such as mind mapping, comprehensive reading, study time management, and material review, ultimately leading to better understanding, longer retention, and increased concentration levels.
The company, founded in 2012 and based in Amsterdam, The Netherlands, operates within the EdTech, Education, Mobile, and Platforms industries. With a slogan of "Enhance Your Learning Journey with Consolidated Study Tools," eFaqt also offers a white-label solution to educational institutions and businesses, and is currently engaged in pilots with various entities including Shell, Windesheim College, Blankestijn High School, and Piusschool Primary School. Upcoming pilots include ROC Eindhoven, Nationale Nederlanden, NIBE SVV, and Randstad.
Notably, the company secured a $2.20M Seed Round investment on 11 November 2015 from The Hatch Firm. This injection of funding reflects confidence in the potential of eFaqt's innovative approach to improving study techniques and enhancing learning outcomes for students.
