Quizlet Raises $30 Million For AI-powered Study Platform

by NeoTech Post
Quizlet Raises $30 Million For AI-powered Study Platform

Quizlet, an AI-powered study platform, raised $30 million in a Series C funding round.

Quizlet, which allows learners to create, share and consume high-quality user-generated content, caters to a diverse userbase across geographies and stages of education.

The company continues to scale, with more than 50 million active users a month and over a billion questions answered on the platform each week, and with two-thirds of high school students and half of all college-aged students in the United States on the platform.

Students and teachers can access over 400 million user-generated study sets, or create their own, to study across activities ranging from flashcards and practice questions to interactive diagrams and games.

The Series C round was led by General Atlantic, a growth equity firm. As part of the investment, Peter Munzig, Managing Director in General Atlantic’s Technology investing sector, will join Quizlet’s Board of Directors. 

“Quizlet’s differentiated learning platform caters to a wide base of users who find value in the depth and breadth of the educational content it offers,” said Peter Munzig. “Through aggregate and individual user behavior, Quizlet is able to curate and enhance learning experiences, an offering that resonates with its students and has enabled the company to capture significant momentum.” 

Image by klimkin from Pixabay