Quizlet

Quizlet

An education technology company that has created a platform where students can create review games for the content which they are studying It was founded in 2007 and is located in San Francisco, California.

Quizlet is a San Francisco-based company that has created technology that can be used to study academic subjects through digital flashcards and games. Its stated mission is to "help students practice and master whatever they're learning".

Product

The company's product is available via web browser or mobile application for both Android and iOS systems. Users can utilize the product to create customized study sets. The study sets are digital flashcards where users can put a word or topic on one side and its definition on the other, including visuals if desired. To flip the flashcard, the user can simply click on it to reveal the topic's definition.

Users can upload and share their study sets on the Quizlet platform. The study sets are classified under subject topics, such as arts and humanities, mathematics, languages, science, social science, and more.

Other features on the platform include Learn, which keeps track of what the user has learned and what needs to be improved and games, such as scatter, in which the user needs to match the vocabulary word to a definition.

Funding

Quizlet has five main investors: Union Square Ventures, Altos Ventures, Icon Ventures, Costanoa Ventures, and Owl Ventures. It has raised of $32 million over the course of two funding rounds.

Revenue

Quizlet's estimated revenue is $75 million.

Timeline

May 13, 2020

Quizlet raises $30 million in a Series C round led by General Atlantic.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Quizlet funding round, November 2015
12,000,000
November 23, 2015
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People

Name
Role
LinkedIn

Andrew Sutherland

Founder and CTO

Further reading

Title
Author
Link
Type
Date

Tool in School: Quizlet

Web

Why Study App Quizlet Is Moving Into The Premium Content Market

Adam Rowe

Web

December 18, 2018

Documentaries, videos and podcasts

Title
Date
Link

What is Quizlet?

February 23, 2017

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Natasha Mascarenhas
July 21, 2020
TechCrunch
When Quizlet became a unicorn earlier this year, CEO Matthew Glotzbach said he'd prefer to distance the company from the common nomenclature for a startup valued at or above $1 billion. "The way Quizlet has gotten to this point is by building and growing a very responsible business," he said. "It's the result of the [...]
Natasha Mascarenhas
May 13, 2020
TechCrunch
As millions of students and teachers shift to learn from home in response to the novel coronavirus disease, modern-day flashcard business Quizlet has raised $30 million in a Series C round led by General Atlantic. Quizlet's chief executive officer Matthew Glotzbach said that the new funding values the business at $1 billion, up five times [...]
Kate Clark
October 25, 2018
TechCrunch
Following a $20 million round earlier this year, Quizlet is seeing solid growth in revenue and MAUs.

References

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