Quizlet joined the Unicorn Club on May 13, 2020 after raising a $30 million Series C funding round led by General Atlantic, valuing the company at $1 billion. Headquartered in San Francisco, California, United States, Quizlet provides digital learning tools and flashcards that enable students to create study sets, learn collaboratively, and access a repository of educational content across subjects including languages, science, arts, and mathematics.
Keep reading to learn how Quizlet became a leader in K-12 and higher education technology.
What Is Quizlet and What Does It Do?
Founded in 2005, Quizlet offers a platform for students to create, share, and study digital flashcards and learning sets. The platform supports collaborative learning, audio and image integration, and access to a vast library of existing study sets. Quizlet helps students improve learning outcomes across multiple subjects while providing a mobile-friendly experience for both Android and iOS users.
How Much Funding Has Quizlet Raised?
1. Seed Round
- Amount Raised: $2 million
- Date: 2005–2007
- Lead Investors: firmgroupsinc.com
- Purpose: Launch platform, develop core learning tools, and hire initial team
2. Series A Round
- Amount Raised: $10 million
- Date: 2011
- Lead Investors: General Atlantic
- Purpose: Expand platform features, grow user base, and enhance mobile app
3. Series B Round
- Amount Raised: $20 million
- Date: 2014
- Lead Investors: General Atlantic, firmgroupsinc.com
- Purpose: Scale infrastructure, integrate new learning tools, and expand globally
4. Series C Round
- Amount Raised: $30 million
- Date: May 13, 2020
- Lead Investors: General Atlantic
- Purpose: Enhance collaborative learning platform, grow user engagement, and expand EdTech offerings
Total Funding Raised: $62 million
Latest Funding Date: May 13, 2020
Latest Known Valuation: $1 billion
Key Investors
- General Atlantic
- Details: Global growth equity firm investing in technology and education startups
- Focus Areas: EdTech, digital learning platforms, and high-growth technology companies
- firmgroupsinc.com
- Details: Early-stage investor supporting technology innovation
- Focus Areas: Digital education tools, online platforms, and product development
Where Is Quizlet’s Headquarters?
Quizlet is headquartered in San Francisco, California, United States, supporting product development, engineering, and operations for its global EdTech platform.
What’s Next for Quizlet?
Quizlet plans to expand its collaborative learning platform, enhance mobile applications, and integrate AI-powered tools to improve student learning outcomes. The company aims to increase engagement, global reach, and adoption in K-12 and higher education markets.
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