Class
About Class
Class is a company founded in 2020 by Wes Boyer and Michael Chasen was acquired by HUB24 in February 2022.. Class has raised $285 million across 6 funding rounds from investors including HUB24, SoftBank Vision Fund and GSV Ventures. The company has 88 employees as of December 31, 2023. Class has completed 3 acquisitions, including BB Collab, Blackboard and CoSo Cloud. Class operates in a competitive market with competitors including Baijiayun, Impartus, ClassIn, Engageli and WizIQ, among others.
- Employees 88 as on 31 Dec, 2023
- Founders Wes Boyer, Michael Chasen
-
Sectors
Education
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Class Technologies Inc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Class
Class has successfully raised a total of $285M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $105 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $105.0M
-
First Round
First Round
(23 Sep 2020)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - Class | Valuation | SoftBank Vision Fund | |
| Jul, 2021 | Amount | Series B - Class | Valuation | SoftBank Vision Fund | |
| Apr, 2021 | Amount | Series A - Class | Valuation | Salesforce Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Class
Class has secured backing from 20 investors, including venture fund and angel investors. Prominent investors backing the company include HUB24, SoftBank Vision Fund and GSV Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Ed-tech startups are funded by GSV Ventures through venture capital.
|
Founded Year | Domain | Location | |
|
Tech focused Early and growth stage VC firm investing in the US
|
Founded Year | Domain | Location | |
|
US focused early stage venture capital firm
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Class
Class has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include BB Collab, Blackboard and CoSo Cloud. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online platform providing educational institute management solutions
|
2011 | ||||
|
Cloud-based virtual classroom platform for enterprises
|
2007 | ||||
|
Online learning solutions are provided for education and professional development.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Class
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Class Comparisons
Competitors of Class
Class operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Baijiayun, Impartus, ClassIn, Engageli and WizIQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online virtual learning solutions for broadcasting and training are provided.
|
|
| domain | founded_year | HQ Location |
Online virtual classes platform is offered for schools and colleges.
|
|
| domain | founded_year | HQ Location |
Online classroom solutions for teaching and conferencing are provided.
|
|
| domain | founded_year | HQ Location |
Online learning platform is provided for higher-education institutes.
|
|
| domain | founded_year | HQ Location |
Provider of virtual training and LMS software
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Class
Frequently Asked Questions about Class
When was Class founded?
Class was founded in 2020.
Who is the current CEO of Class?
Michael Chasen is the current CEO of Class. They have also founded this company.
Is Class a funded company?
Class is a funded company, having raised a total of $285M across 6 funding rounds to date. The company's 1st funding round was a Series A of $12.25M, raised on Sep 23, 2020.
How many employees does Class have?
As of Dec 31, 2023, the latest employee count at Class is 88.
What does Class do?
Class was founded in 2020 as a provider of virtual classroom solutions in the edtech sector. Integration with Learning Management Systems and video tools like Zoom and Microsoft Teams is supported. Live sessions are enhanced by tools for collaboration, interaction, and active learning. Real-time analytics deliver data on engagement and retention. Scalability is built in to address needs in education and corporate training.
Who are the top competitors of Class?
How many acquisitions has Class made?
Class has made 3 acquisitions, including BB Collab, Blackboard, and CoSo Cloud.
Who are Class's investors?
Class has 20 investors. Key investors include HUB24, SoftBank Vision Fund, GSV Ventures, Emergence Capital, and Reach Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.