Class Dojo Raises $125 Million at $1.25 Billion Valuation

Class Dojo is an education communication platform that plans to build a virtual world for its student community. This world is going to be a place where children can participate in various activities aimed at building soft skills like creativity, sportsmanship, and collaboration. At the same time, with the help of this platform, teachers obtain tools for feedback and lesson planning, while parents receive updates on their children’s school progress.

The funding round was led by Tencent. Among Class Dojo’s previous investors are SV Angel, Shasta Ventures, and General Catalyst. “They were very disciplined in being long-term-oriented and highly unclear about what was going to happen from a revenue perspective. One thing I really admire about these guys is that they’ve gone at their own pace,” General Catalyst managing partner Hemant Taneja.

Class Dojo, San Francisco, the USA, was founded by Sam Chaudhary and Liam Don in 2011. It all began, when Sam Chaudhary, ex-teacher that turned into a McKinsey consultant, met Liam Don, a self-taught programmer at RuneScape. Initially, they focused on helping teachers in the collection of students’ feedback. In 2020, a new vector of development was discussed – virtual spaces. “Everyone saw how crazy an opportunity was ahead of us. It was entirely about if we think there’s a better future, we should go and build it, and we should move fast,” Sam Chaudhary.

Previous Post

Geek+ Raises $100 Million at more than $2 Billion Valuation

Next Post

Lenskart Raises $12.57 Million at $5 Billion Valuation

Related Posts