Fundz

Kahoot! raises $28 million in new equity to fuel growth

Jun 11, 2020

Amount Raised

$28 Million

Round Type

Venture

NorwayEducationE LearningEdtech

Description

 Kahoot!, the global learning platform company, today announced that the company has raised a gross amount of $28 million in new equity through a private placement of 7.5 million new shares. The private placement also comprised 16.5 million existing shares and amounted to $90 million in total. The transaction took place through an accelerated bookbuilding process managed by ABG Sundal Collier ASA, Arctic Securities AS and Goldman Sachs International as joint bookrunners after the close of market on June 10, 2020.

Who else raised in Education and E Learning around the same time

Companies in the same sectors as KAHOOT! that raised within 45 days of this round, from Fundz verified event records.

  • Codio raised $2.5M (Seed) on May 27, 2020.
  • Amesite Inc. raised $1.4M (Seed) on May 6, 2020.
  • Tasso raised $17M on July 23, 2020.
  • Coursera raised $130M on July 22, 2020.
  • Maryland Tech Council raised $250K (Funding Round) on July 14, 2020.
  • Care Academy raised $9M (Funding Round) on June 11, 2020.

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Company Information

Company

KAHOOT!

Location

FRIDTJOF NANSENS PLASS 7

Norway

About

The engagement and learning platform targets customers across diverse demographics and application verticals through Kahoot! at Work, used in 97% of Fortune 500 companies for corporate learning and engagement; Kahoot! at School, used by approximately 9 million teachers in the classroom; Kahoot! at Home & Study, used by more than 18 million users as an at-home gamified learning solution; and Kahoot! Academy, an online creator community and marketplace for educational content. Established in 1980 to partner with visionary entrepreneurs and deliver lasting impact, the firm combines a collaborative global approach, sector specific expertise, a long-term investment horizon and a deep understanding of growth drivers to partner with great entrepreneurs and management teams to scale innovative businesses around the world.

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KAHOOT! raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.