Quizlet Reaches 50 Million Monthly Users, Announces Opening of Denver Office

SAN FRANCISCO, Oct. 30, 2018 /PRNewswire/ -- Quizlet, the largest user-generated consumer learning platform, now used by two in three U.S. high school students and one in two U.S. college students, today announced it has reached 50 million monthly active users, up more than 50% from the previous year. Building on the company's rapid growth, Quizlet also announced the opening of a new Denver office, the company's first expansion beyond its San Francisco headquarters.

Launched in 2005, Quizlet is used by teachers and students in every country around the globe, and has become a classroom staple for more than one million teachers worldwide. Quizlet users create hundreds of thousands of study sets daily and the platform currently hosts more than 300 million user-generated study sets and 10.6 billion terms. Available on both desktop and mobile, Quizlet has more than 40 million mobile installs to date.

Currently growing revenue by more than 100% year over year, Quizlet has decided to expand outside of San Francisco and chose Denver for its second office location. The Denver office will open its doors in November and will initially have a strong focus on engineering talent.

"With more than 50 million students and educators now using our platform each month, people around the world are leveraging Quizlet as an invaluable tool to help practice and master any topic," said Matthew Glotzbach, Quizlet's CEO. "We have a big vision at Quizlet to provide the most intelligent study tools in the world, and our expansion into Denver, a city with incredible tech ingenuity, will help us more quickly build the next generation of learning tools used by students everywhere."

"We are so pleased that Quizlet chose Colorado's thriving tech sector to fuel their explosive growth," said Stephanie Copeland, Colorado Office of Economic Development Executive Director. "Quizlet's industry-leading technology and need for a high concentration of diverse, highly educated talent are the perfect pairing with metro Denver's robust talent pool and tech density. We look forward to seeing Quizlet's continued growth and success from their expansion to Colorado."

Having closed a $20M Series B funding round in February, Quizlet has been doubling down on building out the functionality of their AI-powered platform, Quizlet Learn, as well as growing their workforce to support the expanding user base. Quizlet is focused on continuing to grow internationally and fine-tuning its efficient and effective study tools for users.

About Quizlet
A secret weapon for two in three high school students and one in two college students – and a total of over 50 million people each month – Quizlet is the largest user-generated consumer learning platform in the U.S., using activities and games to help students practice and master what they're learning. Quizlet's learning activities help people effectively study over time so that they can master foundational information and retain it long-term. With more than 300 million user-created study sets currently available, students and teachers can find content from others or create their own. Quizlet supplements existing modes of learning, enabling students to engage with any material in the ways they learn best and providing a knowledge base for teachers to share content with one another. The company offers a combination of free and paid subscriptions for both students and teachers that enable further customization.

Quizlet was founded in 2005 by then-high-school-student Andrew Sutherland to study for a French exam. It is headquartered in San Francisco, California and is backed by Icon Ventures, Union Square Ventures and Costanoa Ventures. For more information, please visit www.quizlet.com.

SOURCE Quizlet

Related Links

http://www.quizlet.com