Funding

BibliU Raises Over $55M in New Funding to Accelerate Expansion Across Higher Education

Jun 3, 2026 | By Startuprise io

BibliU, a Greenville, TX-based integrated academic and campus store solutions provider, has raised $55 million in a new funding round from BlackRock, existing investor Stonehage Fleming, and others.

The company plans to use the funding to increase inventory, improve its platform, and expand operational capacity to support both existing and new customers better.

BibliU works with colleges and universities as a campus retail and course materials provider. The company combines campus store management with its digital learning platform, offering a single solution for retail operations, eCommerce, course materials, and publisher relationships.

This approach gives institutions greater efficiency, transparency, and flexibility, while helping students access required course materials on the first day of class at a lower cost and providing a more modern campus shopping experience.

BibliU now works with more than 100 colleges and universities across 30 states. The company continues to grow through long-term campus partnerships and statewide education system agreements.

Recent partnerships include the Kentucky Community and Technical College System, which serves 16 colleges and marks BibliU's first statewide system partnership, as well as University of Texas Rio Grande Valley. BibliU has also expanded its presence in North Carolina, where 13 community colleges have adopted its services. These partnerships are focused on improving campus retail operations and helping students access the resources they need for success.

"We first invested in BibliU because we believed in the team and the scale of the opportunity in higher education. Everything that has followed — the launch and expansion into the US market, the Texas Book Company acquisition, the growth to over 100 institutional partners, surpassing $100 million in revenue — has reinforced that conviction. BibliU is not just growing, they are doing it in a way that genuinely improves outcomes for students and institutions alike, "said Richard Hill, Head of Private Markets at Stonehage Fleming."

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"Several years ago, we made the deliberate decision to expand beyond digital course material delivery and build a truly vertically integrated model — one that combines our technology platforms with full-service campus retail operations," said Dave Sherwood, CEO of BibliU. "The acquisition of Texas Book Company was the catalyst for that vision and enabled us to build something no other provider in this market offers at our scale. We now have the best team in the industry, are winning new institutional partners across new states every semester, and are doing it with a clear focus on profitable growth.

About BibliU

Founded in 2014 by Dave Sherwood, BibliU provides campus store management and course material solutions for higher education institutions. The company combines digital learning technology, course access programs, flexible payment options and retail operations into a single platform. Serving more than 170 colleges, and universities worldwide, BibliU helps institutions provide affordable course materials from the first day of class while improving efficiency, transparency and student success.

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