Quizlet logo
Founded 2006

Quizlet

2018 Revenue

$18.0M

YOY

Funding

$32.0M

Overview

About Quizlet

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

Monthly Revenue

$1.5M

Total Expenses

$1.5M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Quizlet CEO Matthew Glotzbach on 12/01/2020

Watch the podcast


Headquarters

SausalitoCaliforniaUnited States

Quizlet Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Quizlet revenue run rate hit $18.0M in revenue.

$18.0M

Funding History

Quizlet has raised a total of $32.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
10/09/2015$12.0M

Customers

Quizlet has 1M customers.

Lifetime Months

×
Monthly ARPU

$2.0

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$24.0

$0$24.0024681012

Churn

Quizlet has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

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

20182019202064.00%▲34.00%▲
DistributionQty

Total Team Size

229

Engineers

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.


CEO 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


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Frequently Asked Questions about Quizlet

When was Quizlet founded?

Quizlet was founded in 2006.


Who is the CEO of Quizlet?

The CEO of Quizlet is Matthew Glotzbach


How many employees does Quizlet have?

Quizlet has 229 employees.

How much revenue does Quizlet generate?

Quizlet generates $18.0M in revenue.


How much funding does Quizlet have?

Quizlet has raised $32.0M.


Where is Quizlet headquarters?

Quizlet is headquartered at SausalitoCaliforniaUnited States

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