Clever
Latest round
- Series B
Last raised
- Dec 2014
Total raised
- $46M
Investors
- 13
About Clever
Clever Inc.Founded in 2012 in San Francisco, US, Clever Inc. offers digital identity solutions for the education sector. The company has undergone significant growth and was acquired by Kahoot! AS in September 2021 for USD 500 mn.Clever is a leading provider of digital identity solutions tailored specifically for the education sector. The company's core offerings include a unified identity platform that enables secure access to various educational applications, facilitating both teaching and learning experiences. Their services encompass identity and access management through features such as single sign-on (SSO), secure rostering, and Clever Badges, which simplify the login process for students and educators. Clever's products are designed to address critical issues in digital security, ensuring that student and school data is adequately protected while providing seamless access to learning resources.K.Clever generates revenue primarily through subscription-based models that serve educational institutions. Schools and districts typically enter into partnerships with Clever, paying fees based on the number of users and specific services utilized, such as multi-factor authentication and analytics services. These agreements facilitate a B2B transactional structure where educational institutions pay for access to a suite of integrated applications that enhance digital learning environments. Although specific pricing plans for Clever’s services are not publicly disclosed, the company provides a range of solutions that cater to both large school districts and individual educational institutions, allowing for flexible scalability and service customization based on client needs.Clever plans to develop new products aimed at enhancing its digital identity solutions for educational institutions, although specific release dates have not been disclosed. The recent acquisition by Kahoot!'s existing presence. The USD 500 mn from the acquisition will be utilized to enhance educational services and expand Clever’s product distribution globally, with a focus on improving accessibility and security for learning applications.
Who invested in Clever
13 investors across 4 rounds
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Questions about Clever
Who invested in Clever?
Clever has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Clever raised?
Clever has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Clever last raise money?
Clever's most recent round on record is a Series B, in Dec 2014.
What does Clever do?
Clever is a software company.
Where is Clever headquartered?
Clever is headquartered in San Francisco, US.
Which VCs invest in companies like Clever?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Clever's stage. Their profiles are linked below.
VCs backing software startups at Series B
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