Quizlet Raises $12M in Series A funding

What does Quizlet do?

Quizlet, is a building great learning tools for every student on the planet. The company’s mission is building great learning tools for every student on earth. It is now one of the largest educational platforms in the world. Every month more than 30 million unique visitors per month from grade school to graduate school, study a wide range of subjects using the company’s web and mobile learning tools and games. The company is the most popular digital learning tool in the world as it is peer powered and is loved by its users. The company has more than 40 millions people visiting every month to improve their performance as learners.

How much Quizlet was funded?

The company raised $12M in Series A funding on November 23^rd 2015 from Owl Ventures, LP, Costanoa Venture Capital, Altos Ventures and Union Square Ventures.

What is next for Quizlet?

Quizlet has completed a billion study sessions completed, with a hundred million user created study sets and it is being used in every country on the globe. The company plans to use the funding for fuelling its growth, hiring and expanding the product portfolio, building out internationally and continuing achieving its mission for building the most impactful digital learning tools. The company continues to expand its product portfolio and is launching 2 new products; Gravity and Long Term Learning. The later provides daily study reminders which automatically learns what the students know and increases repetition for what they need to learn. Gravity converts quizzes into a game for making learning more fun.

More about Quizlet

Quizlet was founded on January 17, 2007 by Andrew Sutherland. It has its headquarters in San Francisco, California. The company is the most popular digital learning tool as it is peer powered and is loved by its users. The company has more than forty million people visiting it monthly for the improvement of their performance as learners.