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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 Altos Ventures, Costanoa Venture Capital, Icon Ventures, Industry Ventures, Owl Ventures and Union Square Ventures.
November 23, 2015
Quizlet raises a $12,000,000 series A round from Altos Ventures, Costanoa Venture Capital, Owl Ventures and Union Square Ventures.

Funding rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Tool in School: Quizlet

Web

What is Quizlet?

February 23, 2017

Why Study App Quizlet Is Moving Into The Premium Content Market

Adam Rowe

Web

December 18, 2018

News

Title
Author
Date
Publisher
Description
Natasha Mascarenhas
September 10, 2021
TechCrunch
Quizlet, a flashcard tool turned artificial intelligence-powered tutoring platform, is planning an initial public offering nearly a year after it was valued at $1 billion. According to people familiar with the matter, Quizlet is considerably far along in the process to go public. A recent job filing shows that it is hiring for senior roles [...]
Suzanne Humphries
April 27, 2021
www.reviewgeek.com
Learning doesn't have to stop once you graduate high school or college. In fact, there are tons of websites and apps out there that make learning at any age easy as pie, no matter what kind of topics you're interested in.
Natasha Mascarenhas
April 1, 2021
TechCrunch
Edtech unicorns have boatloads of cash to spend following the capital boost to the sector in 2020. As a result, edtech M&A activity has continued to swell.
Quizlet
January 27, 2021
www.prnewswire.com:443
/PRNewswire/ -- Quizlet, the global learning platform known for its AI-powered study tools, today announced an integration with TikTok, the short-form video...
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 [...]
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References

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