Class

Washington, United States Founded: 2020 • Age: 6 yrs Acquired By HUB24
Virtual classroom solutions are provided for online learning and training.

About Class

Class is an Education company based in Washington (United States) founded in 2020 by Wes Boyer and Michael Chasen, and was acquired by HUB24 in February 2022. Virtual classroom solutions are provided for online learning and training. Class has raised $285 million across 6 funding rounds from investors including HUB24, SoftBank Vision Fund and GSV Ventures. The company has 88 employees. Class has completed 3 acquisitions, including BB Collab, Blackboard and CoSo Cloud. Its chief executive, as recorded, is Michael Chasen. Its website class.com draws about 5.5 million monthly visits. Its focus areas include EdTech, K-12 EdTech, Tech for Teachers and Virtual Classroom. Its legal entity is Class Technologies Inc. Its competitors include Engageli, InSpace and DaCast; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Washington, United States
  • Employees 88
  • Founders Wes Boyer, Michael Chasen
  • Stage Acquired
  • Sectors
    Education
  • Website category Science and Education · Education
  • Email
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  • Phone
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  • Website class.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by HUB24 (Feb 2022)
  • Legal Name Class Technologies Inc
Key Metrics
  • Total Equity Funding
    $285M (USD)

    in 6 rounds

  • Latest Funding Round
    $105M (USD), Series B

    Jul 2021

  • Investors
    HUB24

    & 19 more

  • Employee Count
    88
  • Investments & Acquisitions
    BB Collab

    & 2 more

  • Acquired by
    HUB24

    (Feb 2022)

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 $285M
  • Total Rounds 6
  • Last Round Series B β€” $105M
  • First Round $16M

    (Sep 2020)

  • Investors Count 19

All 6 funding rounds of Class with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2021$105MSeries B–SoftBank Vision Fund
Jul 2021$105MSeries B–SoftBank Vision Fund
Apr 2021$12.25MSeries A–Salesforce Ventures
Feb 2021$30.75MSeries A–Insight Partners, Owl Ventures
Sep 2020$16MAngel Round––
–
Sep 2020$16MAngel Round–Deborah Quazzo, Santi Subotovsky
Valuation history

20 investors in total: 12 institutional and 8 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Ed-tech startups are funded by GSV Ventures through venture capital.
gsv.venturesSan Francisco, United States
Tech focused Early and growth stage VC firm investing in the US
emcap.comSan Francisco, United States
US focused early stage venture capital firm
reachcapital.comSan Francisco, United States
Investments in edtech companies are made by Owl Ventures.
owlvc.comMenlo Park, United States
Investment firm scaling software and technology companies from early to late stages.
insightpartners.com
Venture capital investments in technology and startups.
2016visionfund.comLondon, United Kingdom
Learn Ventures is focused on building educational technology ventures.
learn.vcSan Mateo, United States
Venture capital firm focused on multiple sectors
soundventures.com
Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
salesforceventures.comSan Francisco, United States
Early-stage tech investments are made primarily in US companies.
slow.coNew York, United States
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Investor details for Class

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People of Class

28 people are tracked at Class (16 in leadership, 12 in team); the tracked headcount is 88.

NameRoleGroup
Wes Boyer
Co-Founder & Chief Technology OfficerLeadership
Michael Chasen
Co-Founder & CEOLeadership
Ivo Novosad
Head Of Devops DepartmentLeadership
Alex G
Sr Director Of Product Management And EngineeringLeadership
Sharae Long
Senior Director Of PeopleLeadership
Russell Teter
VP, Global Sales OperationsLeadership
Irina Denisenko
Chief Operating OfficerLeadership
Clayton Coyne
Director, Partnerships & Channel SalesLeadership
Jorge Salinas
Director Of Global Solutions ArchitectureLeadership
Daniel J. Hansen
Vice President Of SalesLeadership
Brian Bharwani
Chief Financial OfficerLeadership
Angel P.
Head Of Cloud Engineering And DevopsLeadership
Nicole Brantley
Vice President Of AccountingLeadership
Kendall Woodard
Creative DirectorLeadership
Heidi Bianco
Director, Global Field MarketingLeadership
Massimo Gentili
Head of EMEALeadership
Mike Lovell
SVP, MarketingTeam
David Barone
Strategic AdvisorTeam
Christy O'Glee
Senior Account Executive, Team LeadTeam
Emmanuel Clemot
Regional Sales Manager | Customer Retention, Market Expansion & Edtech SolutionsTeam

8 more people are available in the full profile.

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Complete people profiles for Class

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based virtual classroom platform for enterprises
cosocloud.comSan Francisco, United States2007Apr 2023β€’β€’β€’β€’
Online learning solutions are provided for education and professional development.
blackboard.comReston, United States1997May 2022$210M
Online platform providing educational institute management solutions
bbcollab.comReston, United States2011May 2022$210M
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Complete acquisition details for Class

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Timeline of Class

7 dated milestones of Class across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Class is founded.
  2. Funding First funding round of $16.0M.
  3. Funding Latest funding round, Series B, of $105.0M.
  4. Exit Acquired by HUB24.
  5. Acquisition Acquires BB Collab.
  6. Acquisition Acquires Blackboard.
  7. Acquisition Acquires CoSo Cloud.

Competitors of Class

Class has 3 listed competitors in our database, 3 of them funded. They include Engageli, InSpace and DaCast.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
engageli.com2020San Mateo, United States$47.5M
Online learning platform is provided for higher-education institutes.
inspace.chat2020Burlington, United States$100,000
Virtual teaching and communication solutions are provided for educators.
dacast.com2008San Francisco, United States$650,000
Streaming as a Service
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Detailed competitors of Class

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Web traffic of Class

The website of Class (class.com) receives about 5.5M visits a month and ranks #13,358 among all websites worldwide, #668 in Education.

  • Monthly visits
    5.5M

    ▲ 27.7% vs previous month

  • Unique visitors
    611.2K

    per month

  • Global rank
    #13,358

    among all websites

  • Category rank
    #668

    Science and Education · Education

Similar websites

Websites whose visitors overlap most with Class. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
flvs.net
100%
6.3M#7,827View details
connexus.com
connexus.com
93%
#4,994–
padlet.com
92%
23.4M#2,287View details
nearpod.com
88%
5.7M#14,566View details
connectionsacademy.com
87%
862.7K#99,593View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Class

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  • Audience overlap
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Top companies in Education Technology Platforms

3 companies that operate in the same segment as Class (Education Technology Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of a platform providing gamified language learning through interactive exercises
2011Pittsburgh, Pennsylvania, United StatesUSD 183.3 MUSD 748.02 M900
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M
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Related news about Class

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Complete news archive for Class

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Frequently Asked Questions about Class

Class was founded in 2020.

Class is headquartered in Washington, United States. It is registered at Washington, District Of Columbia, United States.

Michael Chasen is the CEO of Class, as recorded in our data. They have also founded this 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 Angel Round of $16M, raised on Sep 2020.

Class has 88 employees.

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.

Class's top competitors include Engageli, InSpace and DaCast.

Class has made 3 acquisitions, including BB Collab, Blackboard, and CoSo Cloud.

Class has 20 investors. Key investors include HUB24, SoftBank Vision Fund, GSV Ventures, Emergence Capital, and Reach Capital.

Class operates through Class Technologies Inc.

Yes. Class was acquired by HUB24 in February 2022.

The website of Class receives about 5.5 million visits a month and ranks #13,358 among all websites worldwide.

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