What is Class?
Class Technologies Inc. develops software solutions designed to transform educational experiences through technology. Founded by an entrepreneur with deep expertise in educational technology, the company's platform integrates core educational functions into a cohesive system, enabling institutions to streamline operations while improving engagement and learning outcomes. Class provides a unified environment for educators to manage instruction, facilitate collaboration, and track student progress. The software prioritizes ease of use and is designed to integrate seamlessly into existing workflows, serving educational institutions globally.
How much funding has Class raised?
Class has raised a total of $147M across 3 funding rounds:
Multiple Rounds
$147M
Series A (2021): $30M with participation from Insight Partners and Owl Ventures
Other Financing Round (2021): $12M led by Salesforce Ventures and Tom Brady
Series B (2021): $105M supported by SWaN & Legend Ventures, Slow Ventures, Daher Capital, SoftBank Group, Maven Partners, Reach Capital, Owl Ventures, GSV Ventures, Emergence Capital Partners, Chimera Investment, Insight Partners, Revolution, Sound Ventures, and Learn Capital
Key Investors in Class
SWaN & Legend Ventures
SWaN & Legend Venture Partners is a US-based venture capital fund manager that focuses on multi-stage investment opportunities in the consumer sector. The firm targets exceptional management teams looking to capitalize on shifts in consumer behavior, initially taking non-controlling minority stakes while providing mentorship and hands-on support.
SoftBank Group
SoftBank Group Corp. is a global technology holding company driving innovation across telecommunications, internet services, artificial intelligence, smart robotics, IoT, and clean energy technologies. Through its diverse portfolio of companies and strategic investments, including leading semiconductor IP providers, SoftBank Group supports the development and scaling of transformative technologies worldwide.
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences. The company supports a diverse range of edtech companies, including those providing tools for personalized tutoring, virtual classrooms, and workforce upskilling. With a deep understanding of the K-12 space and a strong network, Owl Ventures plays a crucial role in scaling its portfolio companies globally.
What's next for Class?
The substantial enterprise-level funding and recent strategic investment position Class for accelerated growth and market expansion. With a focus on transforming educational experiences through technology, the company is poised to further develop its platform and enhance its offerings. This capital infusion will likely support product innovation, scaling of operations, and broader market penetration, solidifying Class's role as a key player in the edtech landscape. The company's ability to attract significant backing from prominent investors highlights the perceived value and potential of its solutions in addressing fundamental challenges within learning environments.
See full Class company page
