Quizizz, an educational technology startup with a presence in India and the United States, announced a $ 12.5 million Series A funding round from Eight Roads Ventures, including GSV Ventures, Rocketship VC and existing investors Nexus Venture Partners and Prime Venture Partners.
In 2020, feedback from teachers affected by the pandemic led the team to expand its product offering. The learning platform now supports more than 60 million people per month and is used in more than 65% of schools in the US.
Co-founders Ankit Gupta and Deepak Cheenath tested the first version of Quizizz when they volunteered for a math program in Bangalore, India. Today, Quizizz has clients in more than 100 countries and is profitable.
With Quizizz, teachers can quickly create fun quizzes and interactive lessons that generate instant feedback from students without the need for a manual grade. Teachers not only reduce the time they spend grading, but they also benefit when their colleagues take over the platform and deliver new content.
Teachers can use and customize more than 30 million tests and lessons ranging from elementary school math to career and technical education. In 2020, students collectively answered more than 13 billion questions on the platform.
“Regardless of what is taught, we believe that the best personal learning occurs when an educator breaks free from busy tasks like evaluating worksheets and a rigid, out-of-the-box curriculum,” says Ankit Gupta, CEO and co-founder. “Our focus on teacher-led learning sets Quizizz apart from many Indian educational technology startups that offer stand-alone learning solutions and complementary programs.”
“Digital technology has become an integral part of the teaching process and the adoption of technology by educators has only accelerated during the pandemic,” said Shweta Bhatia, Partner and Chief Investment Officer at Eight Roads Ventures India. . “Quizizz’s customer-centric and product-first approach has resulted in a very engaged community of teachers and students. We strongly believe in the deep knowledge that Ankit and Deepak have of their users, which has resulted in incredible growth in word of mouth among millions of teachers. in the United States, Europe and Asia, ”he added.