ClassDojo Valuation, Funding & Investors
ClassDojo is valued at $1.3B as of July 2022.
Last ClassDojo valuation
$1.3B
Series D · Jul 2022
Last ClassDojo funding round
$125M
Series D · Jul 2022
Cumulative funding ClassDojo raised
$190M
across 4 funding rounds
Key investors in ClassDojo
General Catalyst
Uncork Capital
SignalFire
GSV Ventures
SV Angel
Tencent
About ClassDojo
ClassDojo is a San Francisco-based school communication app used by over 50 million teachers, students, and parents globally. The platform enables sharing of photos, videos, and reports via class stories, private messaging, and portfolios showcasing student growth. Founded in 2011, ClassDojo supports positive behavior reinforcement through points and parent-teacher conferences, operating in schools across 180 countries with multilingual capabilities.
Founded
2011
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1.3B (Jul 2022)
ClassDojo Valuation
ClassDojo is currently valued at $1.3B, based on its Series D in July 2022.
The $125M round was led by Tencent, with participation from Adams Street Partners and Julian Shapiro.
ClassDojo valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jul 2022 | Series D | $1.3B |
ClassDojo Funding History
ClassDojo has raised a total of $190M across 4 funding rounds, plus 1 secondary share sale.
ClassDojo's first fundraising round was a $9M Series A in April 2013. The most recent completed round was a $125M Series D in July 2022.
ClassDojo funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2024 | Secondary | Five Sigma | - | - | Sydney-based edtech growth fund Five Sigma acquired a minority stake in ClassDojo, the San Francisco classroom software company, by buying existing shares on the secondary market rather than through a primary raise. Terms and the implied valuation were not disclosed and the selling shareholders were not named. The position places Five Sigma alongside ClassDojo's existing backers, which include General Catalyst, GSV, Learn Capital, SignalFire, Reach, Adams Street and Tencent. |
| Jul 2022 | Series D | Tencent (lead); Adams Street Partners; Julian Shapiro | $125M | $1.3B | ClassDojo is a San Francisco-based school communication platform founded in 2011 by Liam Don and Sam Chaudhary, connecting teachers, students, and parents to build classroom communities through real-time feedback, portfolios, and engagement tools. The platform is used by 95% of US schools and serves over 50 million teachers and families globally, with features to encourage positive behaviors, share learning moments, and foster collaboration. In July 2022, ClassDojo raised $125 million in a Series D funding round led by Tencent, achieving unicorn status at a $1.25 billion valuation, as reported across multiple sources including TexAu, EdTechReview, and IBL News. This brought total funding to approximately $221 million across prior rounds including Series C ($35M in 2019 led by GSV Ventures and SignalFire) and earlier investments from General Catalyst, SV Angel, and Shasta Ventures. The funding supports expansion into virtual learning spaces, aiming to create a metaverse-like environment for kids to play, learn, and grow beyond physical classrooms, with testing already conducted on tens of thousands of students. Plans include rolling out this virtual space to at least half of the 51 million kids in active ClassDojo classrooms by August following the announcement. Tencent's involvement aligns with its investments in social media, gaming, and edtech, while previous backers like General Catalyst praised the company's long-term focus despite revenue uncertainty at the time. ClassDojo also acquired Prendea, a Latin America-focused Y Combinator alum, earlier that year. Post-round, ClassDojo continued development of international expansion, new product verticals, and teacher-parent engagement tools like the Beyond School subscription service introduced earlier. One source notes a ~$1.3 billion valuation possibly tied to a 2021 timing discrepancy, but consensus points to $1.25 billion for the Tencent-led round around mid-2022. |
| Feb 2019 | Series C | GSV Ventures (lead); SignalFire (lead); General Catalyst; Buckley Ventures; Uncork Capital | $35M | - | ClassDojo is a communication platform for pre K-8 schools, used by 95% of U.S. pre K-8 schools and in 180 countries, connecting teachers, students, parents, and guardians with features for behavior tracking, messaging, and updates. On February 28, 2019, it raised a $35 million Series C round co-led by GSV Ventures and SignalFire, with participation from General Catalyst and Uncork Capital, bringing total funding to $65 million at the time. Growth was 100% organic via word-of-mouth, with 1 in 6 U.S. primary school families using it daily, achieved by a team of 40. In late 2018, ahead of the round, ClassDojo launched Beyond School, an optional subscription for families offering additional learning experiences at $4.99/month or $59.99/year (later $7.99/month), marking its first monetization after years of free core service. The company achieved profitability four months after launch in 2019. ClassDojo's freemium model prioritizes teachers, kids, and families over districts or ads, enabling massive scale to 51 million users. Total funding later reached $125 million in a 2022 round and up to $221 million overall. |
| Apr 2016 | Series B | General Catalyst (lead); Reach Capital; SignalFire; GSV Ventures; Uprising Ventures; Kortschak Investments L.P. | $21M | - | ClassDojo is a San Francisco-based edtech company founded in 2011 that provides a free communication platform for teachers, students, and parents, enabling real-time classroom behavior feedback, announcements, photos, videos, and tools like Class Story and growth mindset videos. The platform aims to enhance teacher-parent engagement and student outcomes without charging teachers or selling user data. By April 2016, it had reached teachers in 85,000 U.S. schools, roughly two-thirds of all schools, after graduating from Imagine K12. In April 2016, ClassDojo raised $21 million in a Series B round led by General Catalyst, with participation from GSV Ventures (also listed as GSV Capital), Reach Capital, SignalFire, and others including Kortschak Investments L.P. and Uprising Ventures. The round, which closed in late 2015, brought total funding to $31.1 million. Funds were allocated to scale operations, grow the team, expand user base, bolster content, and explore monetization ideas like premium parent features for school yearbooks, field trips, or lunches, though no business model was in place at the time and monetization was not expected for another year. At the time, ClassDojo committed to keeping core tools free and focused on user growth and content distribution, such as personalized learning or project-based work. Investors viewed it as a social network-like platform for education, emphasizing collaboration among parents, teachers, and students to support child development beyond school hours. |
| Apr 2013 | Series A | Shasta Ventures (lead); General Catalyst; SoftTech; SV Angel; Morado Ventures; Felicis; DCVC; Uncork Capital | $9M | - | ClassDojo raised $8.5 million in its Series A funding round in April 2013, led by Shasta Ventures with participation from Yuri Milner, General Catalyst, SoftTech VC, and SV Angel. The company, founded in 2011 by Sam Chaudhary and Liam Don, provides a mobile tool for teachers to manage student behavior, share feedback with parents, and generate classroom data. This was its first institutional funding following a $1.6 million seed round in 2012. The funds were used to expand the user base and enhance platform features for the classroom behavior feedback platform. ClassDojo originated from the Imagine K-12 education accelerator and Y Combinator's ed-tech division. |
Who has invested in ClassDojo?
18 investors have backed ClassDojo across its funding rounds, including General Catalyst, Uncork Capital, SignalFire, GSV Ventures, SV Angel and Tencent.
Lead investors include Tencent, GSV Ventures, SignalFire, General Catalyst and Shasta Ventures.
ClassDojo Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 3 | Lead | Apr 2013 | |
| San Francisco, CA | 2 | Lead | Apr 2016 | |
| San Francisco, CA | 2 | Participant | Apr 2013 | |
| San Francisco, CA | 2 | Lead | Apr 2016 | |
| Chicago, IL | 1 | Participant | Jul 2022 | |
| San Francisco, CA | 1 | Participant | Apr 2016 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} SoftTech |  London | 1 | Participant | Apr 2013 |
| San Francisco, CA | 1 | Participant | Apr 2013 | |
| San Francisco, CA | 1 | Participant | Apr 2013 | |
| San Francisco, CA | 1 | Participant | Apr 2013 | |
| San Francisco, CA | 1 | Participant | Feb 2019 | |
 Shenzhen | 1 | Lead | Jul 2022 | |
| San Francisco, CA | 1 | Participant | Jul 2022 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by ClassDojo
ClassDojo has acquired 1 company to date.
Last acquisition by ClassDojo was on July 21st 2022. ClassDojo acquired Prendea for undisclosed valuation.
Latest Acquisitions by ClassDojo
| Description | Prendea is an online service delivering live afterschool classes for Spanish-speaking children aged 4 to 15. For a monthly fee, participants access unlimited sessions covering TikTok dance routines, astronomy, and other subjects. The platform connects families across Latin America with certified instructors via interactive video formats. |
| HQ Country |  |
| HQ City | Lima |
| Deal Date | 21 Jul 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all ClassDojo acquisitions and their M&A valuation multiples. Start Free Trial | |
ClassDojo Competitors
ClassDojo competitors include listed companies like Coursera and Youdao, and private ones like PAPER, LEAD, Spark Education Group and Hujiang Education Technologies.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Montreal | Private | - | - | $1.2B | - | |
| United States | Publicly listed | $758M | ($49M) | $1.4B | 0.3x | |
 Mumbai | Private | - | - | $1.1B | - | |
 Singapore | Private | $217M | - | $1.5B | 6.9x | |
| Shanghai | Private | $80M | - | $1B | 12.5x | |
| China | Publicly listed | $881M | $29M | $1.7B | 2.0x |
ClassDojo Public Comps
ClassDojo is still privately-owned, but its public comps include Afya, Coursera, American Public Education, Youdao, Alef Education, Docebo, Jiangsu Chuanzhiboke, Gaotu Techedu, Qibu and MegaStudyEdu.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $719M | $289M | 2.3x | 2.2x | 5.6x | 5.0x | |||
| $758M | ($49M) | 0.5x | 0.3x | (7.7x) | 2.7x | |||
| $649M | $64M | 1.1x | 1.1x | 11.6x | 7.8x | |||
| $881M | $29M | 2.1x | 2.0x | 63.1x | 33.8x | |||
| $210M | $150M | 8.2x | 7.8x | 11.5x | 11.1x | |||
| $243M | $26M | 2.6x | 2.4x | 24.8x | 12.3x | |||
| $57M | ($7M) | 8.9x | 6.3x | (67.8x) | - | |||
| $917M | ($38M) | 0.2x | 0.2x | (4.3x) | (33.7x) | |||
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Common questions about ClassDojo
| When was ClassDojo founded? | ClassDojo was founded in 2011. |
| Where is ClassDojo headquartered? | ClassDojo is headquartered in San Francisco, CA, United States. |
| Is ClassDojo publicly listed? | No, ClassDojo is a private, VC-backed company. |
| What is ClassDojo's valuation? | ClassDojo was last valued at $1.3B in its Series D in July 2022. |
| How much funding has ClassDojo raised? | ClassDojo has raised $190M across 4 funding rounds. |
| What was ClassDojo's last funding round? | ClassDojo's last funding round was a $125M Series D in July 2022, led by Tencent. |
| Who are ClassDojo's investors? | ClassDojo's investors include General Catalyst, SignalFire, Uncork Capital, GSV Ventures, Adams Street Partners, Reach Capital, SoftTech, SV Angel, Morado Ventures, Felicis and 8 others. |
| Which companies are comparable to ClassDojo? | Companies comparable to ClassDojo include PAPER, Coursera, LEAD, Spark Education Group, Hujiang Education Technologies and Youdao. |
| How many companies has ClassDojo acquired? | ClassDojo has acquired 1 company, including Prendea. |
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