What is Clever?
Headquartered in San Francisco, California, Clever operates as a critical software provider within the education technology sector. The company specializes in secure login software designed specifically for distance learning environments. By offering a centralized Single Sign-On portal, Clever streamlines access to digital resources for educators and students alike, while its automated rostering capabilities significantly reduce administrative friction. This market position has allowed Clever to become an essential utility for schools seeking to integrate disparate digital tools into a cohesive, secure ecosystem.
How much funding has Clever raised?
Clever has raised a total of $43.3M across 4 funding rounds:
Other Financing Round
$20K
Angel/Seed
$3M
Series A
$10.3M
Series B
$30M
Other Financing Round (2012): $20K with participation from Y Combinator and Start Fund
Angel/Seed (2012): $3M led by Ashton Kutcher Network, Uncork Capital, Jessica Livingston, SV Angel, Kapor Capital, GSV Acceleration, Y Combinator, Alexis Ohanian, Ben Parr, Floodgate, Jeff Clavier, Paul Buchheit, Yuri Milner, GV, and Mitchell Kapor
Series A (2014): $10.3M supported by Steamboat Ventures
Series B (2014): $30M featuring Lightspeed Venture Partners, GSV Capital, and Steamboat Ventures
Key Investors in Clever
Lightspeed Venture Partners
A global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.
GSV Capital
A publicly traded investment fund that seeks to create a portfolio of high-growth emerging private companies via a disciplined investment approach.
Steamboat Ventures
A venture firm founded in 2000 that focuses on helping young companies in the technology, media, and consumer sectors become market leaders.
What's next for Clever?
Following its major strategic investment, Clever is well-positioned to expand its enterprise-level footprint. The company's focus remains on deepening its integration capabilities and broadening its catalog of digital resources. As the EdTech landscape continues to evolve toward more complex, data-driven learning environments, Clever is expected to leverage its existing capital to enhance its security protocols and user experience. The firm's ability to maintain high-level partnerships with institutional investors suggests a long-term strategy centered on sustainable growth and market dominance in the digital classroom infrastructure space.
See full Clever company page
