How Much Did Class Raise?
Funding & Key Investors

Class, a developer of software solutions for educational experiences, has secured significant enterprise-level funding, with its total funding reaching $147M. The company recently announced a major strategic investment of $105M, underscoring its growth trajectory and market potential in the education technology sector. This latest capital infusion is expected to fuel further development and expansion of its innovative platform.

What is Class?

Class
SoftwareContent & Collaboration Software

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 addresses fundamental challenges in learning environments by building practical, user-centered tools. The Class platform integrates core educational functions into a cohesive system, enabling institutions to streamline operations while improving engagement and learning outcomes. It provides a unified environment for educators to manage instruction, facilitate collaboration, and track student progress. The company serves educational institutions globally, with a distributed team that combines local market knowledge with global best practices.

How much funding has Class raised?

Class has raised a total of $147M across 3 funding rounds:

2021

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 Emergence Capital Partners, SoftBank Group, Learn Capital, Daher Capital, SWaN & Legend Ventures, Slow Ventures, Owl Ventures, Maven Partners, GSV Ventures, Chimera Investment, Insight Partners, Sound Ventures, Revolution, and Reach Capital

Key Investors in Class

Emergence Capital Partners

Emergence is the leading venture capital firm focused on early-stage enterprise companies. Its mission is to be the most valuable partner to the most important companies that are changing the way the world works.

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. The company leverages its global investment platforms, including the SoftBank Vision Fund, to identify and back businesses that have the potential to shape the next phase of the Information Revolution. With a focus on long-term growth, technological advancement, and industry leadership, SoftBank Group combines strategic capital, operational expertise, and a forward-looking vision to foster innovation and create lasting value across its global network of companies.

Learn Capital

Learn Capital, based in Silicon Valley, is one of the world's leading venture capital funds with a dedicated focus on education technology and companies that leverage technology for better and smarter learning worldwide. Since 2009, Learn Capital has backed extraordinary teams building market transforming services for every age and stage of learning, on nearly every continent. The company's practice spans seed, early stage and emerging growth companies that are committed to the improvement of individual and societal capacities at scale, propelling the generation of inclusive prosperity worldwide.

What's next for Class?

With substantial enterprise-level backing and a recent major strategic investment, Class is well-positioned for accelerated growth and market penetration. The company's focus on a unified, user-centered platform for educational institutions suggests a strategy aimed at capturing a significant share of the edtech market. Future developments will likely involve scaling its operations, enhancing its product suite, and expanding its customer base, potentially through strategic partnerships or further technological innovation. The company's ability to integrate diverse educational functions into a single interface positions it as a key player in modernizing learning environments.

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Frequently Asked Questions Regarding Class Financial Insights

What are the most recent funding rounds that Class has completed, and what were the funding rounds?
Class has recently completed 3 funding rounds: Series B on Jul 28, 2021, Other Financing Round on Apr 20, 2021, Series A on Feb 4, 2021.
What is the total amount of funding Class has raised to date?
Class has raised a total of $147M in funding to date.
How many funding rounds has Class completed?
Class has completed 3 funding rounds.
How much funding did Class raise in its most recent funding round?
Class raised $105M in its most recent funding round.
Who are the lead investors in Class's latest funding round?
The lead investor in Class's latest funding round was Emergence Capital Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Class's history?
The largest funding round in Class's history was $105M.
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