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Quizlet

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Updated Mar 24, 2026

How Quizlet stacks up in AI Education — funding data, key investors, and more.

🇺🇸United StatesPrivateAI Education

Out of 100

🇺🇸

HQ

United States

🗓

Founded

2005

💰

Raised

$62M

🏷️

Stage

Private

👥

Team

500

Quizlet is an AI-powered learning platform founded in 2005 that has become one of the largest study tools globally. The company provides digital flashcard systems, spaced repetition algorithms, and AI-assisted learning features that help students across multiple grade levels and subjects. Its core offerings include customizable study sets, collaborative learning tools, and adaptive learning

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Key Facts

  • Quizlet is valued at $1B as of March 2026.
  • Quizlet has raised a total of $62M in disclosed funding across 4 funding rounds.
  • Quizlet was founded in 2005 by Andrew Sutherland and is headquartered in United States.
  • Quizlet employs approximately 500 people.
  • Quizlet operates in the AI Education category and is currently at the Private stage.
  • Quizlet has an Awaira Score of 75/100, ranking it among the tracked AI companies on Awaira.
  • Quizlet's most recent funding round was a Series B of $20M closed in February 2018, led by Google Ventures.

Source: Awaira · Updated Mar 24, 2026

$1B

Post-money

$62M

All rounds

75/100

2005

500 employees

Strengths

Strong Awaira Score of 75/100

Growing team of 500 employees

Established market presence (founded 2005)

Analysis based on publicly available data. Not investment advice.

4

Total Rounds

$18M

Avg Round Size

3.2yr

Funding Span

Quizlet raised 4 rounds over 3.2 years, averaging $18M per round — a pace of roughly one round every 10 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$5M–$20M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does Quizlet stack up against competitors?

MetricQuizletDuolingoPhysics Wallah AIRiiid
Awaira Score75/10092/10090/10080/100
Total Raised$62M$183.3M$275M$220M
Valuation$1B$5.2B$2.8B$1B
StagePrivatePublicPublicSeries D
Founded2005201120202014
Employees5008501000+100-500
Country🇺🇸🇺🇸🇮🇳🇰🇷
A

Andrew Sutherland

Founder & CEO

View founder profile →
StagePrivate
Employees500
Country🇺🇸 United States
Connect
Inactive
4 rounds
Series BLatest

Led by Google Ventures

$20M

Feb 2018

Series D

Led by General Atlantic

$20M

Jan 2017

Series A

Led by Bessemer Venture Partners

$12M

Dec 2015

Series C

Led by Sequoia Capital

$20M

Jan 2015

Frequently Asked Questions

What is Quizlet's valuation?
The current market valuation is approximately $1B, based on publicly available funding data.
Who invested in Quizlet?
On the cap table: Google Ventures, Bessemer Venture Partners, General Atlantic, Sequoia Capital. Their combined backing has helped fund operations and expansion.
When did Quizlet last raise funding?
Last raise: a Series B of $20M in February 2018. The round was led by Google Ventures.
How many employees does Quizlet have?
The team is roughly 500 people, headquartered in United States.
What does Quizlet do?
Quizlet is an AI-powered learning platform founded in 2005 that has become one of the largest study tools globally. The company provides digital flashcard systems, spaced repetition algorithms, and AI-assisted learning features that help students across multiple grade levels and subjects. The company operates in the AI Education sector from United States.
Who founded Quizlet?
Andrew Sutherland founded the company in 2005 in United States. Andrew Sutherland serves as Founder & CEO.
Is Quizlet profitable?
Whether the company is profitable hasn't been confirmed publicly. It has raised $62M in total funding and is classified at the Private stage.
Where is Quizlet headquartered?
Home base is United States 🇺🇸. The AI Education company was founded in 2005 and operates from there.
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