# Quizlet funding: rounds and investors > Quizlet has raised $32M across 2 rounds since 2015. Investors include Union Square Ventures, Altos Ventures and Costanoa Ventures. Every round with its source. Source: https://millionrounds.com/company/quizlet (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$32M** raised across 2 rounds since 2015, from 2 sources **$12M** Series A **$20M** Series B - **Latest round:** Series B, $20M Feb 2018 - **Step-up i:** 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. 2016 2017 2018 **$12M** Series A **$20M** Series B - **First round:** Series A, $12M - **Biggest round:** $20M - **Between rounds:** 2.2 years ## The rounds - **Feb 2018** Series B **$20M** *4 new* [Altos](https://millionrounds.com/fund/altos) [Costanoa](https://millionrounds.com/fund/costanoa) Icon Ventures/ Union Square Owl Reported by FinSMEs - **Nov 2015** Series A **$12M** *4 new* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) From a historical funding record SEC filing: $12M sold, first sale Oct 2015 ## Founders and team From the SEC filings it signed: 4 on the team. - **Andrew Sutherland** Executive Officer, Director, Promoter i - **David L. Margulius** Director, Promoter i - **Jon Foster** Executive Officer i - **Mark Selcow** Executive Officer, Director i On the board, as filed i *Fred Wilson* *Greg 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 A** 2015 **Series B** 2018 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Altos Ventures](https://millionrounds.com/fund/altos-ventures) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Altos](https://millionrounds.com/fund/altos) [Costanoa](https://millionrounds.com/fund/costanoa) [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) Icon Ventures/ Union Square Owl ## Everyone who backed them [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **1** round [Altos Ventures](https://millionrounds.com/fund/altos-ventures) VC firm **1** round [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **1** round [Altos](https://millionrounds.com/fund/altos) Growth equity **1** round [Costanoa](https://millionrounds.com/fund/costanoa) VC firm **1** round [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3) VC firm **1** round Icon Ventures/ Union Square no record of our own yet **1** round Owl no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=quizlet). ## 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 Ventures](https://millionrounds.com/fund/icon-ventures) VC firm Per its own site [Medici Capital Partners](https://millionrounds.com/fund/medici-capital-partners) VC firm Per 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. ## Companies like Quizlet In the same sector, and raised in the last eighteen months. [**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Amira Learning** $30M · Oct 2026](https://millionrounds.com/company/amira-learning)[**Notey** $3.0M · Oct 2026](https://millionrounds.com/company/notey)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**KIDZ AI** $1.9M · Sept 2026](https://millionrounds.com/company/kidz-ai)[**Imagi** $7.5M · Jul 2026](https://millionrounds.com/company/imagi) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app