About Quizlet
Quizlet is a company based in San Francisco (United States) founded in 2005.. Quizlet has raised $62.03 million across 4 funding rounds from investors including Icon Ventures, General Atlantic and Owl Ventures. Quizlet has completed 1 acquisition, including Slader. Quizlet operates in a competitive market with competitors including StuDocu, StudyBlue, Koofers, Studydrive and uDocz, among others.
- Headquarter San Francisco, United States
- Stage Unicorn
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Sectors
Education
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Email
***********
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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
$62.03 M (USD)
in 4 rounds
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Latest Funding Round
$30 M (USD), Series C
May 13, 2020
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Investors
Icon Ventures
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Software Development Team
45 people
Product Management Team
22 people
Data Analysis and Operations Team
14 people
Senior Team
9 people
Sr. Team
5 people
Creative and Marketing Team
4 people
Legal and Compliance
4 people
Staff Team
4 people
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Funding Insights of Quizlet
Quizlet has successfully raised a total of $62.03M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in May 2020. 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 4
- Last Round Series C — $30.0M
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First Round
First Round
(28 Nov 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2020 | Amount | Series C - Quizlet | Valuation | General Atlantic | |
| Feb, 2018 | Amount | Series B - Quizlet | Valuation | Icon Ventures | |
| Dec, 2015 | Amount | Series A - Quizlet | Valuation | Union Square Ventures , Costanoa |
| 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 Quizlet
Quizlet has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Icon Ventures, General Atlantic and Owl 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 |
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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Founded Year | Domain | Location | |
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Investments in edtech companies are made by Owl Ventures.
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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 Quizlet
Quizlet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Slader. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online textbook Q&A and tutoring platform for K-12 students
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Quizlet
| 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 |
Quizlet Comparisons
Competitors of Quizlet
Quizlet 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 StuDocu, StudyBlue, Koofers, Studydrive and uDocz, 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 |
Educational content is shared through an online student platform.
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| domain | founded_year | HQ Location |
Collaborative learning resources are shared via crowd-sourced flashcards and quizzes.
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| domain | founded_year | HQ Location |
Video-based platform for student interviewing and recruiter hiring is provided.
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| domain | founded_year | HQ Location |
Online learning platform offering study materials for university students
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| domain | founded_year | HQ Location |
Provider of document sharing and publishing platform
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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 Quizlet
Frequently Asked Questions about Quizlet
When was Quizlet founded?
Quizlet was founded in 2005 and raised its 1st funding round 7 years after it was founded.
Where is Quizlet located?
Quizlet is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Quizlet a funded company?
Quizlet is a funded company, having raised a total of $62.03M across 4 funding rounds to date. The company's 1st funding round was a Series A of $12M, raised on Nov 28, 2012.
What does Quizlet do?
Quizlet was founded in 2005 in San Francisco, United States, within the education technology sector. Study sets are created by users for subjects such as languages, science, arts, humanities, and math. A collaborative platform is maintained for peer-based learning. Audio and images are added to sets, while a repository of existing sets is searchable. Operations include a mobile app for Android and iOS devices.
Who are the top competitors of Quizlet?
Quizlet's top competitors include StudyBlue, StuDocu and Studydrive.
How many acquisitions has Quizlet made?
Quizlet has made 1 acquisition, including Slader.
Who are Quizlet's investors?
Quizlet has 6 investors. Key investors include Icon Ventures, General Atlantic, Owl Ventures, Union Square Ventures, and Costanoa.
What is Quizlet's valuation?
The valuation of Quizlet is $1B as of May 2020.