About Class
Class is a company based in Washington (United States) 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.
- Headquarter Washington, United States
- Employees 88 as on 31 Dec, 2023
- Founders Wes Boyer, Michael Chasen
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Class Technologies Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$285 M (USD)
in 6 rounds
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Latest Funding Round
$105 M (USD), Series B
Jul 28, 2021
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Investors
HUB24
& 19 more
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Employee Count
88
as on Dec 31, 2023
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Investments & Acquisitions
BB Collab
& 2 more
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Acquired by
HUB24
(Feb 04, 2022)
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People of Class
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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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Ed-tech startups are funded by GSV Ventures through venture capital.
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Locked | Locked | Locked | |
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Tech focused Early and growth stage VC firm investing in the US
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Locked | Locked | Locked | |
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US focused early stage venture capital firm
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Locked | Locked | Locked |
Investor details 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.
Investment portfolio details for Class
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform providing educational institute management solutions
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Locked | Locked | 2011 | Locked | |
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Cloud-based virtual classroom platform for enterprises
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Locked | Locked | 2007 | Locked | |
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Online learning solutions are provided for education and professional development.
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Locked | Locked | 1997 | Locked |
Complete acquisition details for Class
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Class
Detailed financials for Class
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Class Comparisons
Peer comparison for Class
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Online virtual learning solutions for broadcasting and training are provided.
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| Locked | Locked | Locked |
Online virtual classes platform is offered for schools and colleges.
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| Locked | Locked | Locked |
Online classroom solutions for teaching and conferencing are provided.
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| Locked | Locked | Locked |
Online learning platform is provided for higher-education institutes.
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| Locked | Locked | Locked |
Provider of virtual training and LMS software
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Detailed competitors of Class
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Class
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 current CEO of Class. They have also founded this company.
Class is a funded company, having raised a total of $285M across 6 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Class is 88.
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 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.