About Clever
Clever is a company based in San Francisco (United States) founded in 2012 was acquired by Kahoot in May 2021. It operates as a SaaS (Software-as-a-Service), and Freemium. Clever has raised $43.42 million across 5 funding rounds from investors including Kahoot, Bessemer Venture Partners and Lightspeed Venture Partners. Clever offers products and services including Clever Identity Platform, Clever Badges, and Clever Analytics. Clever operates in a competitive market with competitors including ClassLink, Wonde, Pip Learning, MegaSkolia and Lync SSO, among others.
- Headquarter San Francisco, United States
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Sectors
Education
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Phone
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Website
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Social
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Products & Services of Clever
Clever offers a comprehensive portfolio of products and services, including Clever Identity Platform, Clever Badges, and Clever Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified identity platform is provided for educational institutions.
Simplified login access is offered for young students.
Usage data insights are delivered for school administrators.
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Funding Insights of Clever
Clever has successfully raised a total of $43.42M across 5 strategic funding rounds. The most recent funding activity was a Grant round of $802.55 thousand completed in March 2015. 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 5
- Last Round Grant — $802,553
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First Round
First Round
(01 Jun 2012)
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Grant - Clever | Valuation |
investors |
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| Dec, 2014 | Amount | Series B - Clever | Valuation | Lightspeed Venture Partners | |
| Dec, 2013 | Amount | Series A - Clever | Valuation | Sequoia Capital |
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| 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 Clever
Clever has secured backing from 30 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kahoot, Bessemer Venture Partners and Lightspeed Venture Partners. 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 investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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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 Clever
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Clever
| 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 |
Clever Comparisons
Competitors of Clever
Clever 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 ClassLink, Wonde, Pip Learning, MegaSkolia and Lync SSO, 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 |
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| domain | founded_year | HQ Location |
Single sign-on access to educational applications is facilitated by ClassLink.
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| domain | founded_year | HQ Location |
School data security platform
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| domain | founded_year | HQ Location |
Online platform offering solutions to protect student data for schools
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| domain | founded_year | HQ Location |
Offers an API-based single sign-on platform for educational institutions.
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| domain | founded_year | HQ Location |
Secure platform for school data access, password management, and integrations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Clever
Frequently Asked Questions about Clever
When was Clever founded?
Clever was founded in 2012.
Where is Clever located?
Clever is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Clever a funded company?
Clever is a funded company, having raised a total of $43.42M across 5 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2012.
What does Clever do?
Clever is established as a leading identity platform tailored for the education sector. It is designed to secure identities, control data, and enhance classroom learning for schools and application partners. Solutions are provided to ensure quick access and safeguard student and school data. The platform is utilized by K-12 institutions globally, with a focus on rostering, single sign-on, and analytics. Services are extended to teachers, students, and administrators through a centralized digital classroom portal.
Who are the top competitors of Clever?
Clever's top competitors include ClassLink, Wonde and Pip Learning.
What products or services does Clever offer?
Clever offers Clever Identity Platform, Clever Badges, and Clever Analytics.
Who are Clever's investors?
Clever has 30 investors. Key investors include Kahoot, Bessemer Venture Partners, Lightspeed Venture Partners, European Union, and SuRo Capital.
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