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Quizlet revenue is $18 million

Quizlet team size is 229 employees


How did Latka collect this data?

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Latka collected this data by interviewing Quizlet CEO Matthew Glotzbach on 10/09/2015

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Quizlet

- Sausalito, California, United States

linkedinwebsite

How Quizlet hit $18M Revenue with 1M customers in 2022.

Quizlet is a mobile and web-based study application that allows students to study information via learning tools and games.

Founded

2006

Founded

Revenue

$18M

2022 Revenue

YOY
-----

YOY

Funding

$62M

Funding


Quizlet Revenue

In 2022, Quizlet revenue run rate hit $18M in revenue.

  • 2018

    Quizlet hit $18M in revenue in 2018

  • 2006

    Quizlet launched in 2006 with $0 revenue

$18M

Quizlet Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2020 Series C

    Quizlet raised a Series C of $30M

  • 2018 Series B

    Quizlet raised a Series B of $20M

  • 2015 Series A

    Quizlet raised a Series A of $12M

FUNDING DATEROUNDAMOUNTVALUATION
05/13/2020 Series C $30M
02/06/2018 Series B $20M
11/23/2015 Series A $12M

Team

Quizlet has 229 total employees and 3 sales reps that carry a quota. They have 1000000 customers an engineering team of 101 and a marketing team of 19

20182019202064▲34▲
DISTRIBUTIONQTY
Total team size
229
Engineer
101(44%)
Sales
3(1%)
Marketing
19(8%)

CEO/Founder

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?

43

Favorite online tool?

GSuite

Favorite book?

How we learn

Favorite CEO?

CEO Sendgrid

Advice for 20 year old self

Always have a growth mindset


Customers

Quizlet has 1M customers.

Lifetime Months

-

x

Monthly ARPU

$2

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$18

$0$18024681012
$0$18024681012

Churn

Quizlet has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%


About Quizlet

Monthly Revenue

$1.5M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Quizlet Board of Directors

NamePosition

Quizlet Executives

NamePosition
Matthew Glotzbach CEO

Quizlet Employees

NamePosition
Matthew Glotzbach CEO

Frequently Asked Questions about Quizlet

When was Quizlet founded?

Quizlet was founded in 2006.

How much revenue does Quizlet generate?

Quizlet generates $18M in revenue.

Who is the CEO of Quizlet?

The CEO of Quizlet is Matthew Glotzbach.

How much funding does Quizlet have?

Quizlet was raised $62M.

How many employees does Quizlet have?

Quizlet has raised 229 employees.

Where is Quizlet headquarters?

Quizlet headquater is at United States