Tech Company M&A Transactions
Clever Acquisition
Headquartered in San Carlos, Clever was acquired by Kahoot!. Kahoot! said the transaction price was $500 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/6/2021
Transaction Type
M&A
Amount
$500,000,000
M&A Terms
Kahoot will snap up Clever for a combination of cash and shares, at an enterprise value between $435 and $500 million, depending on the latter company's performance and revenue in the 2021-22 school year.
Company Information
Company Status
Acquired or Merged
Industry
EdTech
Mailing Address
1263 Mission St.
San Carlos, CA 94103
USA
San Carlos, CA 94103
USA
Phone
Website
Email Address
Overview
Online learning software in K-12 education is one of the fastest growing markets on the planet, and Clever is quickly becoming the infrastructure these apps depend on. Today, many of the biggest and most innovative applications in education are already powered by Clever.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tyler Bosmeny
Chief Technical Officer
Rafael Garcia
VP - Human Resources
Julie Weinstein
VP - Marketing
Anne Murguia
VP - Product Management
Daniel Carroll
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Prev: 5/6/2021: Eikon Therapeutics venture capital transaction
Next: 5/7/2021: Molecule Software venture capital transaction
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We report on funding rounds that are announced publicly. VC transactions on this site are derived from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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