Kahoot! Secures Strategic Investment from Goldman Sachs Asset Management and General Atlantic
Kahoot!, a leading digital learning platform, has announced a significant investment from Goldman Sachs Asset Management and General Atlantic. The partnership will enable Kahoot! to accelerate its growth and innovation in the education technology (EdTech) sector.
A New Era for EdTech
The EdTech market has witnessed tremendous growth in recent years, driven by the increasing demand for digital learning solutions. Kahoot!, with its engaging and interactive platform, has established itself as a leader in this space. The company’s mission to make learning awesome resonates with its core values of empowering learners and educators worldwide.
A Strategic Partnership
Goldman Sachs Asset Management and General Atlantic have partnered with Kahoot! to support the company’s long-term growth and innovation. The investment will enable Kahoot! to scale its enterprise offering, expand its global subscriber base, and deliver product innovation leveraging advances in generative AI.
Leadership Team Stays On
The leadership team of Kahoot!, led by Eilert Hanoa, has expressed their commitment to the company’s mission and vision. The partnership with Goldman Sachs Asset Management and General Atlantic will enable the team to continue driving innovation and growth in the EdTech sector.
A Message from the CEO
"We are excited about the opportunities this partnership represents for our users, our ecosystem of partners, and for the talented team across the Kahoot! Group," said Eilert Hanoa, CEO of Kahoot!. "As the need for engaging learning continues to grow, we are committed to advancing education for hundreds of millions of learners everywhere."
A Commitment to Innovation
Kahoot!’s commitment to innovation and growth has been recognized by its strategic investors. Goldman Sachs Asset Management’s Private Equity team has expressed its confidence in Kahoot!’s leadership team and their vision for the company.
"We are pleased to partner with a fantastic leadership team and group of co-investors to expand a mission-critical learning and engagement platform," said Chris Caulkin, MD and head of technology EMEA at General Atlantic. "Through this transaction, we are committed to supporting Kahoot!’s long-term growth in collaboration with the broader co-investor group."
A Bright Future for EdTech
The investment from Goldman Sachs Asset Management and General Atlantic marks a significant milestone in Kahoot!’s journey. As the company continues to innovate and grow, it is poised to make a meaningful impact on the EdTech sector.
About Kahoot!
Kahoot! is a digital learning platform that empowers learners and educators worldwide. With its engaging and interactive solutions, Kahoot! has established itself as a leader in the EdTech market. The company’s mission is to make learning awesome, and it continues to innovate and grow with the support of its strategic investors.
About Goldman Sachs Asset Management
Goldman Sachs Asset Management is a leading investment manager that provides a range of investment products and services to institutional and individual clients worldwide. Its Private Equity team has a proven track record of investing in high-growth companies and supporting their long-term growth.
About General Atlantic
General Atlantic is a leading global growth equity firm that invests in innovative companies across the globe. The company’s technology EMEA team has a strong focus on supporting the growth of EdTech companies like Kahoot!.
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