Quizizz, an Indian startup that makes learning more interactive so that students find it interesting to spend more hours studying, said on Wednesday it had raised $ 31.5 million in a new round funding.
Tiger Global led the five-and-a-half-year-old startup’s Series B round. Yahoo co-founder Jerry Yang and existing investors Eight Roads Ventures, GSV Ventures, Nexus Venture Partners also participated in the new round.
Quizizz, which concluded its previous funding round in March of this year, has raised $ 47 million to date. The new round puts it at around $ 300 million, I heard earlier this month.
âWhen we were kids it was so hard to focus on studying. Our thesis is that with children now living in a world with so many distractions, there is a need to make learning more interesting, âsaid Ankit Gupta, co-founder and CEO of Quizizz, in an interview with TechCrunch.
With Deepak Cheenath, the other co-founder of Quizizz, Gupta began the startup’s journey at a non-profit school in Bangalore, where they built several prototypes. That same year – 2015 – the duo engaged closely with teachers and students in the United States and turned to Quizizz, Gupta said.
On Quizizz, teachers and the community develop gamified courses for students. (Teachers don’t have to build these lessons. For concepts they want to explain to students, if lessons exist, many use them instead. The platform now offers over 20 million quizzes. )
These lessons made the learning more engaging for students, Gupta said. The platform also allows teachers to identify in real time which students are struggling to grasp a concept and then fill those gaps, he said.
The platform covers a range of topics including IT, English, Math, Science, Social Studies, World Languages, and the Creative Arts.
Over the years, Quizizz has grown organically across the world and many classrooms are now using the platform, Gupta said. The platform is now used by teachers in more than 120 countries, with students answering more than 300 million questions on Quizizz every week. In the United States, which is currently Quizizz’s largest market, more than 80% of K-12 schools use the platform, he said.
âDuring the pandemic, Quizziz made the transition to online education seamlessly. Now that we’re back in the building, I’ve used it almost exclusively. Creating, finding and modifying courses using Quizizz has become almost a hobby for me, âsaid Rory Roberts, math professor at Brigantine Community School, in a prepared statement.
âThis week, we ran user tests with teachers in California, saw a video of students cheering on their classmates in an auditorium in Kenya, and received a thank you note from a group of teachers wearing t – Quizizz brand shirts in Indonesia. We are incredibly proud of the role our growing team and community of teachers have played in this movement, âsaid Cheenath of Quizizz.
The startup plans to deploy new capital to expand its team in the United States and India to keep up with its growth. It is also seeking to forge partnerships to accelerate its international expansion.