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Kahoot! Announces Strategic Secondary Investment From General Atlantic To Support Continued Expansion As A Leading Learning And Engagement Platform

Sep 16, 2022

Round Type

Secondary Market

NorwayEducationE LearningEdtech

Description

Kahoot!, the global learning and engagement platform company, today announced that General Atlantic, a leading global growth equity firm, has joined its investor base to support the company's next phase of expansion. Existing investor SB Northstar LP, a fund managed by a 100% directly owned subsidiary of SoftBank Group Corp., partner to Kahoot! since 2020, is selling its full 15% stake in the company to General Atlantic. Upon completion of the transaction, General Atlantic is expected to become Kahoot!'s largest shareholder. With a mission of making learning awesome for millions of people around the world, Kahoot! plans to partner with General Atlantic to accelerate further growth initiatives, drive innovation, and expand its global footprint in homes, schools, and corporations.

Quick answer

KAHOOT! raised an undisclosed amount in a Secondary Market round, dated September 16, 2022. KAHOOT! is based in Norway.

How much did KAHOOT! raise?
KAHOOT! raised an undisclosed amount in a Secondary Market round on September 16, 2022.
What does KAHOOT! do?
The engagement and learning platform targets customers across diverse demographics and application verticals through Kahoot! at Work, used in 97% of Fortune 500 companies for corporate learning and engagement; Kahoot!..
Where is KAHOOT! based and how big is it?
KAHOOT! is based in Norway. Fundz records about 422 employees.
Who are the decision-makers at KAHOOT!?
Fundz holds 4 contacts at KAHOOT!, including the CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Education and E Learning around the same time

Companies in the same sectors as KAHOOT! that raised within 45 days of this round, from Fundz verified event records.

  • Classera raised an undisclosed amount (Series A) on October 27, 2022.
  • CLASSUM raised $11M (Series B) on October 11, 2022.
  • Vitru raised an undisclosed amount (Post-IPO Equity) on September 28, 2022.
  • Territorium raised $4.4M (Seed) on August 2, 2022.
  • Vanta raised $2.5M (Seed) on October 10, 2022.
  • Hone raised $30M (Funding Round) on September 13, 2022.

Who to call at KAHOOT!, and when

A new round usually means KAHOOT! is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

KAHOOT!

Location

FRIDTJOF NANSENS PLASS 7

Norway

About

The engagement and learning platform targets customers across diverse demographics and application verticals through Kahoot! at Work, used in 97% of Fortune 500 companies for corporate learning and engagement; Kahoot! at School, used by approximately 9 million teachers in the classroom; Kahoot! at Home & Study, used by more than 18 million users as an at-home gamified learning solution; and Kahoot! Academy, an online creator community and marketplace for educational content. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world.

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Related People

4 contacts
Verified contactsJulie W., CEO hidden hidden hiddenSee plans and pricing
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KAHOOT! raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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