Tiger Global leads Quizizz’s $31.5 million Series B funding round

Mumbai: Quizizz, a student engagement platform, has raised $31.5 million (about Rs 206 crore) as part of its ongoing Series B funding round led by Tiger Global.

Existing investors Nexus Venture Partners, GSV Ventures and Eight Roads Ventures also joined the round along with new backers including Yahoo co-founder Jerry Yang.

The Bengaluru-based company will use the funding to expand its team across both India and the US. It will also invest in key partnerships to accelerate expansion in international markets, according to a statement.


The fundraising follows a Series A announcement in March.

The company has so far raised $47 million from investors.

Founded in 2015 by Ankit Gupta and Deepak Cheenath, Quizizz helps teachers find and create gamified quizzes, interactive lessons and engaging study materials. Its platform is currently used in more than 120 countries and more than 80% of US’ K-12 schools. It has 60 million monthly active users (MAUs) and is powered by a global teacher community that has contributed more than 20 million quizzes and lessons spanning every subject and grade level.

The company started offering paid subscriptions in late 2020 and is currently profitable. It has teams across US and India.

As per the company, unlike traditional edtech startups, it does not focus on supplemental curriculum but looks to empower teachers to create more engaging learning experiences for their students in the classroom and at home. The platform has grown via word-of-mouth as educators share Quizizz with colleagues online and in-person.

In an average week, students around the world answer more than 300 million questions on Quizizz. “Our hope is that every time a question is answered, it inspires the student to keep learning and gives their teacher time to focus on personalised support instead of staying up late grading a stack of worksheets,” said Quizizz CEO Ankit Gupta.