Bengaluru-based ed tech start-up Quizizz has raised $31.5 million in an ongoing Series B led by Tiger Global Management, with participation from existing investors Nexus Venture Partners, GSV Ventures, and Eight Roads Ventures, along with new backers including Yahoo co-founder Jerry Yang.
The raise follows a Series A in March that raised $12.5 million.
Quizizz offers teachers gamified quizzes and interactive lessons for their pupils and the platform has a global teacher community that has contributed more than 20 million quizzes and lessons spanning every subject and grade level. The company stated that it is used in more than 120 countries and in over 80% of US K12 schools.
The company stated it will continue to expand its team across India and the US and invest in key partnerships to accelerate expansion in international markets.
Quizizz has its roots in a remedial maths programme in Bangalore where co-founders Ankit Gupta and Deepak Cheenath served as volunteers. Rather than focus on supplemental curriculum like many ed tech start-ups, they allowed teachers to create their own learning experiences for their students in the classroom and at home. According to the company, the platform has grown exclusively via word-of-mouth as educators share Quizizz with colleagues online and in-person.
Chief executive Gupta said: “In the average week, students around the world answer more than 300 million questions on Quizizz. Our hope is that every time a question is answered, it inspires the student to keep learning and gives their teacher time to focus on personalised support instead of staying up late grading a stack of worksheets.
Cheenath added: “This week, we conducted user-testing with teachers in California, saw a video of students cheering on their classmates in an auditorium in Kenya, and got a thank you note from a group of teachers wearing Quizizz branded t-shirts in Indonesia. We’re incredibly proud of the role our growing team, and teacher community, have played in this movement.”
Date published: 2 July 2021