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.

May 2020

Quizlet raises a $30,000,000 series C round from General Atlantic.

February 6, 2018

Quizlet raises a $20,000,000 series B round from Icon Ventures, Industry Ventures, Union Square Ventures, Altos Ventures, Costanoa Venture Capital and Owl Ventures.

November 23, 2015

Quizlet raises a $12,000,000 series A round from Costanoa Venture Capital, Altos Ventures, Union Square Ventures and Owl Ventures.

Funding rounds

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People

Name
Role
LinkedIn

Andrew Sutherland

Founder and CTO

Further reading

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Documentaries, videos and podcasts

Title
Date
Link

What is Quizlet?

February 23, 2017

Companies

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News

Title
Author
Date
Publisher
Description
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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