OSLO, Norway, March 15, 2018 — Kahoot!, the game-based learning platform and one of the fastest growing learning brands globally, today announced completion of a $17 million share issue funding. The funding round was led by Datum Invest AS, Northzone, Creandum, Microsoft Ventures and Kahoot! Chairman Eilert Hanoa.
The additional funding will be used to strengthen the company for further growth through accelerated development of the Kahoot! platform and commercial services. Offering Kahoot!’s premium subscription services to all customer segments is the foundation for delivering positive financial results in 2019.
“Kahoot! has reached several impressive milestones since its start in 2012: reaching 70 million monthly active users and launching several new commercial services,” said Eilert Hanoa, Chairman of the Board.