About Classmates
Classmates is a company based in Seattle (United States) founded in 1995 was acquired by Intelius in August 2015.. Classmates has raised $11 million across 1 funding round from investors including Arch Venture Partners, Intelius and Madrona. Classmates has completed 1 acquisition, including SchoolFeed. Classmates operates in a competitive market with competitors including ClassDojo, Brainly, ELSA Speak, Unstop and Linqapp, among others.
- Headquarter Seattle, United States
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Sectors
EducationMedia & Entertainment
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series A
Jan 07, 2000
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Investors
Arch Venture Partners
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Intelius
(Aug 12, 2015)
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Funding Insights of Classmates
Classmates has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in January 2000. 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 1
- Last Round Series A — $11.0M
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First Round
First Round
(07 Jan 2000)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2000 | Amount | Series A - Classmates | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Classmates
Classmates has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Arch Venture Partners, Intelius and Madrona. 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 |
|---|---|---|---|---|
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Venture capital firm focused on life science companies
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Founded Year | Domain | Location | |
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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Investments are made by BEV Capital in US tech companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Classmates
Classmates has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SchoolFeed. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Platform for students to search Alumni and share resources
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1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Classmates
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Classmates Comparisons
Competitors of Classmates
Classmates 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 ClassDojo, Brainly, ELSA Speak, Unstop and Linqapp, 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 |
Real-time classroom behavior feedback is delivered to students by teachers.
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| domain | founded_year | HQ Location |
Learning resources for school students are provided via question-answering platform.
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| domain | founded_year | HQ Location |
Developer of an application providing English language pronunciation and fluency training
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| domain | founded_year | HQ Location |
Online platform for talent engagement and skill based hiring
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| domain | founded_year | HQ Location |
Platform offering offers digital business cards solution
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| domain | founded_year | HQ Location |
IT courses and data science competitions are hosted online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Classmates
Frequently Asked Questions about Classmates
When was Classmates founded?
Classmates was founded in 1995 and raised its 1st funding round 5 years after it was founded.
Where is Classmates located?
Classmates is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Classmates a funded company?
Classmates is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Jan 07, 2000.
What does Classmates do?
Classmates was founded in 1995 in Seattle, United States, as a social platform in the alumni networking sector. Operations focus on enabling users to reconnect with high school friends and access shared yearbooks digitally. Services include profile creation, friend searches, and virtual browsing of school memorabilia, primarily serving users across the United States via classmates.com.
Who are the top competitors of Classmates?
Classmates's top competitors include ClassDojo, Unstop and ELSA Speak.
How many acquisitions has Classmates made?
Classmates has made 1 acquisition, including SchoolFeed.
Who are Classmates's investors?
Classmates has 4 investors. Key investors include Arch Venture Partners, Intelius, Madrona, and BEV Capital.
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