Students pay a monthly subscription to have immediate Premier Access to Course Hero or they can upload 40 documents to receive free access for a month. When a user has uploaded 40 documents, they can download up to 300 documents from Course Hero. However, it takes about three days to get Premier Access after submitting documents.
As Course Hero allows students to post previous homework and exam solutions from their classes, the website is often cited as an aid to student cheating. Subscribers can download complete papers that were submitted by previous students, and submit them as their own work.
The Series B round was led by NewView Capital, whose founder and managing partner, Ravi Viswanathan, joined Course Hero’s board of directors. NewView Capital also contributed $30 million in what’s known as an employee tender offer, a process by which NewView purchased company shares directly from Course Hero employees.
When a user has uploaded 40 documents, they can download up to 300 documents from Course Hero. However, it takes about three days to get Premier Access after submitting documents. User can search for documents by content, university or course subject.