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A United States publisher of college-level textbooks and educational supplements, originally founded as Flat World Knowledge.

Last updated August 25, 2026

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Overview

FlatWorld is a United States educational publisher focused on college-level textbooks and related learning materials. The business was founded in 2007 in Nyack, New York, by Jeff Shelstad and Eric Frank under the name Flat World Knowledge. Its original proposition was closely associated with open educational resources: textbooks were made available online at no charge, while students could purchase lower-cost print editions and other formats. This model positioned the company as an alternative to conventional higher-education textbook publishing, where students often faced high prices and instructors had limited ability to adapt or customize published material. The company gained adoption relatively quickly. By August 2009, its textbooks were reportedly being used at approximately 400 colleges by about 40,000 students. In 2010, the business relocated from Nyack to Irvington, New York, and had been adopted by more than 1,300 educators. The same period also brought substantial outside financing, including $8 million in 2010 and a further $15 million in January 2011. These investments supported the development and distribution of its digital textbook platform and its expansion within higher education. Flat World Knowledge later changed the economic model that had defined its early identity. In November 2012, the company announced that it would discontinue free online access to its textbooks. The shift reflected the challenge of sustaining a publishing business while giving away the principal digital edition, and moved the company toward paid access and conventional commercial distribution. The change was an important strategic turning point because it placed affordability and open access in tension with the need to generate recurring publishing revenue. In late 2016, the company was acquired by Alastair Adam and John Eielson and rebranded as FlatWorld. The FlatWorld name therefore represents the continuation and repositioning of the former Flat World Knowledge business rather than an unrelated publisher. Its core identity remains tied to higher-education publishing, digital learning materials, and efforts to provide alternatives to expensive traditional textbooks. Publicly available reference material does not establish a detailed current ownership structure, executive roster, financial profile, or comprehensive international footprint.

History

FlatWorld began in 2007 as Flat World Knowledge, founded by Jeff Shelstad and Eric Frank in Nyack, New York. The founders established the company during a period of growing interest in open educational resources and dissatisfaction with the cost of college textbooks. Its initial publishing model was designed to separate access to the digital text from the purchase of physical copies: students could read the online edition without charge, while those who wanted a printed book could buy one at a comparatively affordable price. The company also promoted content that could be used and adapted by instructors, aligning its offering with the broader open-content movement in higher education. The model attracted attention from colleges and instructors. By August 2009, Flat World textbooks had reportedly been adopted at around 400 colleges and used by approximately 40,000 students. In 2010, the company moved its base from Nyack to Irvington, New York. By that year, more than 1,300 educators had adopted its materials. The company also obtained significant investment capital: reference material records $8 million in funding during 2010 and another $15 million in January 2011. These financings provided resources for platform development, editorial production, sales, and expansion in the college textbook market. The company's original free-access proposition was not permanent. In November 2012, Flat World Knowledge announced that it would stop offering free online access to its textbooks. This decision represented a major change in strategy. Rather than relying on free digital distribution combined with optional print purchases, the business moved toward a paid-access model. The change illustrates a recurring tension in educational publishing: open distribution can increase reach and adoption, but producing, maintaining, and supporting professional textbook content requires a sustainable revenue source. In late 2016, Alastair Adam and John Eielson acquired the company. Following the acquisition, the business was rebranded as FlatWorld. The rebranding marked a new phase while retaining the company's connection to college textbook publishing and educational supplements. Public reference material provides limited information about later corporate structure, current leadership, detailed product catalogs, financial performance, or expansion outside the United States. The company's documented history is therefore best understood as the evolution of an open-textbook startup into a commercial higher-education publisher operating under the FlatWorld name.

  • 2016

    Acquisition and rebranding

    [1]

    Alastair Adam and John Eielson acquired the company in late 2016, and it was subsequently rebranded as FlatWorld.

  • 2012

    Free online access discontinued

    [1]

    The company announced that its textbooks would no longer be available online for free, changing the commercial model established at launch.

  • 2011

    Additional investor funding

    [1]

    The company received an additional $15 million from investors in January.

  • 2010

    Relocation and expanded educator adoption

    [1]

    The company moved from Nyack to Irvington, New York, and reported adoption by more than 1,300 educators.

  • 2010

    Eight million dollars in funding

    [1]

    Flat World Knowledge received $8 million in investor funding.

  • 2009

    Early college adoption

    [1]

    By August, the company's textbooks had reportedly been adopted at about 400 colleges and used by approximately 40,000 students.

  • 2007

    Company founded

    [1]

    Jeff Shelstad and Eric Frank founded Flat World Knowledge in Nyack, New York, as a publisher focused on college textbooks and open-content distribution.

Products and positioning

An alternative higher-education publisher built around accessible, digitally distributed textbook content and lower-cost student options, with its original model emphasizing free online access and affordable print editions.

  • Textbooks · 2007

    College-level textbooks

    The company's principal publishing output consists of textbooks intended for college and university courses. These works were developed for adoption by instructors and use by students, initially through a model centered on free online reading and paid print alternatives.

  • Digital learning materials · 2007

    Digital textbooks

    FlatWorld's digital textbook distribution was central to its early identity. The company used online delivery to broaden student access and reduce reliance on conventional printed course books. The free-access component was later discontinued in 2012 as the business adopted a paid model.

  • Printed educational publishing · 2007

    Print textbook editions

    Printed editions were offered as an affordable complement to the company's online books. This format allowed students who preferred physical textbooks to purchase copies while the original online edition remained freely readable.

  • Educational publishing

    Educational supplements

    FlatWorld is described as publishing educational supplements alongside college textbooks. Specific supplement titles and formats are not identified in the available reference material.

Brand decisions

  • 2016

    Acquisition and corporate rebrandingM&A

    Background

    After operating as Flat World Knowledge, the company entered a new ownership phase late in 2016.

    Action taken

    Alastair Adam and John Eielson acquired the company and rebranded it as FlatWorld.

    Aftermath

    The FlatWorld name became the public identity of the continuing educational publisher.

  • 2012

    Shift away from free online textbook accessStrategy

    Background

    Flat World Knowledge had originally made every published textbook available online without charge, using print editions and related offerings as revenue opportunities.

    Action taken

    In November, the company announced that it would stop offering free online access to its textbooks and move toward a paid-access publishing model.

    Aftermath

    The decision ended the defining free-access feature of the original business model and represented a significant repositioning within the higher-education textbook market.

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