How Quizlet hit $77.7M revenue and 1M customers in 2023.
Quizlet is an online learning platform that provides tools and resources for students and educators to study and learn a variety of subjects. The platform offers a wide range of study materials, including flashcards, games, quizzes, and study guides, that are created and shared by users. Quizlet also offers tools for educators to create custom study materials and track their students' progress. The platform supports a variety of subjects, including science, math, language learning, and history. Quizlet was founded in 2005 and is headquartered in San Francisco, California. The platform has over 50 million monthly active users worldwide and is available in over 130 countries.
2005
Founded
$77.7M
2023 Revenue
66.34%
YOY
$62M
Funding
Quizlet Revenue
In 2023, Quizlet revenue run rate hit $77.7M in revenue.
-
2023
Quizlet hit $77.7M in revenue in 2023
-
2018
Quizlet hit $18M in revenue in 2018
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2005
Quizlet launched in 2005 with $0 revenue
Quizlet Funding History
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2020 Series C
Quizlet raised a Series C of in May, 2020
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2018 Series B
Quizlet raised a Series B of in February, 2018
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2015 Series A
Quizlet raised a Series A of in November, 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| May, 13 2020 | Series C | ||
| February, 06 2018 | Series B | ||
| November, 23 2015 | Series A |
Team
Quizlet has 472 total employees and 3 sales reps that carry a quota. They have 1,000,000 customers an engineering team of 138 and a marketing team of 19.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 472 |
| Engineer | 138 (29%) |
| Sales | 3 (1%) |
| Marketing | 19 (4%) |
Founder / CEO
Matthew Glotzbach
Matt is the CEO of Quizlet. He joined Quizlet from 12 years at Google, where he was VP Product Management at YouTube. Prior to YouTube, he was on the founding team of Google Apps. Matt studied mechanical engineering at Cornell and grew up in Fort Wayne, Indiana.
Q&A
-
What's your age?
44
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Favorite online tool?
GSuite
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Favorite book?
How we learn
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Favorite CEO?
CEO Sendgrid
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Advice for 20 year old self
Always have a growth mindset
Customers
Churn
Quizlet Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Matthew Glotzbach | Board Member | [email protected] | - |
| Greg Sands | Board Member | - | - |
| Peter Munzig | Board Member | [email protected] | - |
| Mark Selcow | Board Member | - | - |
| David Margulius | Board Member | - | - |
| Tory Patterson | Board Member | [email protected] | - |
| Jeb Miller | Board Member | [email protected] | - |
Frequently Asked Questions about Quizlet
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When was Quizlet founded?
Quizlet was founded in 2005.
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How much revenue does Quizlet generate?
Quizlet generates $77.7M in revenue.
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Who is the CEO of Quizlet
The CEO of Quizlet is Matthew Glotzbach.
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How much funding does Quizlet have?
Quizlet raised $62M.
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How many employees does Quizlet have?
Quizlet has 472 employees.
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Where is Quizlet headquarters?
Quizlet is headquartered at 123 Townsend St, Suite 600, San Francisco, California, 94965, United States
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