Kahoot! Acquisition, Valuation, Funding & Investors

Youdao Inc develops and markets software applications. It engages in developing technologies to provide learning content, applications, and solutions. The firm operates in three segments: Learning services, Smart devices, and Online marketing services. The majority of its revenue comes from the Learning services segment, which generates revenues from online courses, mainly including Youdao Premium Courses, NetEase Cloud Classroom, and China University MOOC. The learning products segment includes sales of smart devices such as the Youdao Dictionary Pen and the Youdao Pocket Translator. Geographically, all of its revenue is generated from the People's Republic of China.

Spark Education Group is a Shanghai-headquartered online learning provider established in 2018 that offers live small-group classes in math and Chinese language for K-12 students. The portfolio includes VISPARK with curricula aligned to Singapore Math and Common Core, Huohua Siwei for Chinese subjects, Allschool as a tutor marketplace, and ClassPod for interactive sessions. Spark Education Group serves over 100 countries through its platforms backed by investors such as KKR and Sequoia China.

Coursera Inc is an online learning platform that connects learners, educators, and institutions with the goal of providing educational content that is affordable, accessible, and relevant. It combines content, data, and technology into a single, unified platform that is customizable and extensible to both individual learners and institutions. The company operates through two reporting segments: Consumer and Enterprise. The majority of revenue is generated from the Consumer segment. The consumer segment targets individual learners seeking to obtain hands-on learning, gain valuable job skills, receive professional-level certifications, and otherwise increase their knowledge to start or advance their careers.

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.

Paper is a New York-based edtech platform connecting K-12 students with live tutors for math, science, and English. Certified educators provide on-demand video sessions and feedback on homework via its app, serving over 100 school districts including New York City public schools. Founded in 2014, it partners with Khan Academy for supplemental resources and offers college counseling modules.

LEAD School is a Mumbai-based EdTech provider transforming affordable K-12 private schools in India through its integrated technology platform. The system digitizes curriculum delivery, teacher training, and assessments for over 3,000 partner schools serving 400,000 students from low and middle-income families. LEAD supplies textbooks, digital content, and vendor-sourced resources while tracking learning outcomes via AI-driven analytics. Founded in 2012, the company operates primarily in Maharashtra and expands to 10 Indian states.

Hujiang Education Technologies is a Shanghai-based online education platform at hujiang.com. It offers courses in English language learning, K-12 subjects, vocational training, and test preparation, serving millions of users with interactive digital content and live tutoring.

Knowbox is a K12 edtech platform founded in 2014 with mobile apps for personalized homework exercises serving nearly one million daily active users in China. Teachers manage assignments efficiently, gaining time for student support. The company builds proprietary homework databases for math and other subjects.

Newsela is an edtech company that adapts real-time articles from trusted publishers into multilevel reading materials for classrooms. New York-headquartered and founded in 2013, it serves millions of students across US schools with content in ELA, science, and social studies. The platform tracks reading progress and comprehension at newsela.com.

Quizlet is a study platform featuring digital flashcards, practice tests, and games for subjects from elementary to graduate levels. San Francisco-headquartered and founded in 2007, it hosts over 500 million study sets created by its community. Available on web, iOS, and Android, it supports collaborative learning modes used by students in 130 countries.

Age of Learning is a Glendale-headquartered education technology company offering digital programs for children. Its ABCmouse Early Learning Academy provides comprehensive curricula for ages 2-8, while My Math Academy and My Reading Academy deliver adaptive math and literacy instruction. Over 50 million children worldwide have completed more than 11 billion activities on its platforms.

Outschool is an online learning marketplace linking children aged 3-18 with independent teachers for live virtual classes. San Francisco-headquartered and founded in 2015, it hosts over 140,000 classes weekly in subjects from robotics to Shakespeare across 200 countries. Teachers include certified educators and specialists delivering small-group sessions via Zoom, with parental controls for scheduling.

East Buy Holding Ltd is a live-streaming platform that focuses on selecting premium products for customers. The company operates in three reportable segments: Private Label Products and Livestreaming E-Commerce, College Education, and Institutional Customers. The majority of its revenue comes from private label products and the direct e-commerce segment, i.e., direct online commerce with private label products sold to individual customers and providing commission services.

Stride Inc is an American online educational company. It offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional and Private Pay Schools and Other.

GoStudent is a Vienna-headquartered online tutoring platform operating in 15 European countries with virtual classrooms for primary through college students in math, languages, and sciences. Tutors deliver one-on-one video sessions using integrated whiteboards and screen sharing, booking over 400,000 lessons monthly.

Ruangguru is a Jakarta-headquartered edtech company founded in 2014 offering online learning platforms, live classes, and adaptive tutoring for K-12 students across Indonesia. The platform serves over 15 million users through apps covering national curriculum subjects and exam preparation for UTBK and CPNS.

Matific is a Sydney-headquartered edtech company offering an adaptive math learning platform for students aged 4 to 15 in over 100 countries. The platform delivers modular, spiral curriculum through interactive episodes on tablets and computers, aligned with curricula in the United States, United Kingdom, Australia, and others. Matific has earned awards from CODiE, EdTech Digest, and Academics' Choice, integrating with classroom tools like Google Classroom.

Amplify Education is a New York-headquartered edtech company offering K-12 curriculum and assessment programs in English language arts, mathematics, and science. Its programs include core literacy solutions aligned with the science of reading, supplemental math tools, and hands-on science kits. Used in thousands of U.S. schools, Amplify's web-based platform provides real-time data analytics and instructional resources to personalize learning for diverse student needs.