United States · Series B startup

Who invested in Quizlet

2 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Edtech

Valuation: $1.0B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$32Mraised across 2 rounds since 2015, from 2 sources

$12MSeries A$20MSeries B
Latest round
Series B, $20MFeb 2018
Step-upi
1.7×
Investors
8
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201620172018
$12MSeries A$20MSeries B
First round
Series A, $12M
Nov 2015
Biggest round
$20M
Series B · Feb 2018
Between rounds
2.2 years
from the last two

The rounds

  1. Feb 2018
    Series B$20M4 new

    Reported by FinSMEs

  2. Nov 2015
    Series A$12M4 new

    From a historical funding recordSEC filing: $12M sold, first sale Oct 2015

Founders and team

From the SEC filings it signed: 4 on the team.

  • Andrew SutherlandExecutive Officer, Director, Promoteri
  • David L. MarguliusDirector, Promoteri
  • Jon FosterExecutive Officeri
  • Mark SelcowExecutive Officer, Directori

On the board, as filediFred WilsonGreg Sands

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2015Series B2018Union Square VenturesAltos VenturesCostanoa VenturesAltosCostanoaOwl VenturesIcon Ventures/ Union SquareOwl

Everyone who backed them

Altos VenturesVC firm1round
Costanoa VenturesVC firm1round
AltosGrowth equity1round
CostanoaVC firm1round
Owl VenturesVC firm1round
Icon Ventures/ Union Squareno record of our own yet1round
Owlno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Quizlet as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Icon VenturesVC firmPer its own site
Medici Capital PartnersVC firmPer its own site

Quick answers about Quizlet

Who invested in Quizlet?

Quizlet's investors include Union Square Ventures, Altos Ventures, Costanoa Ventures, Altos and Costanoa, and 3 more on record.

How much has Quizlet raised?

Quizlet has raised $32M across 2 rounds since 2015.

When did Quizlet last raise?

Quizlet's most recent round was a Series B of $20M in Feb 2018.

What was Quizlet's biggest round?

Its most recent round, $20M in Feb 2018, is also its largest on record.

Who backed Quizlet first?

Quizlet's first round on record, in Nov 2015, was backed by Union Square Ventures, Altos Ventures and Costanoa Ventures and 1 others.

What stage is Quizlet at?

Quizlet's latest named round is a Series B, in Feb 2018.

Where is Quizlet based?

Quizlet is based in the United States.

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