Founded in 2005, Quizlet is a learning platform that uses adaptive study activities, flashcards, and various games and tests to help students reach their learning objectives. The application has different study modes, tools for teachers, and class activities. As of March 2021, the company reported more than 60 million monthly users across 130 countries with two in three US high school students and one in two US college students using the platform.
In January 2021, the company announced an integration with TikTok allowing creators of educational content to link Quizlet study sets to their videos for a more interactive learning experience.
In March 2021, Quizlet acquired Slader, an educational technology platform used by high school and college students. Slader offers detailed explanations of textbook concepts and practice problems; providing step-by-step solutions, subject-matter expertise, and a global network of student contributors. In August 2021, the platform launched “explanations”, a step-by-step guide providing learners with solutions to millions of popular problem sets in textbooks that are written and verified by experts.
In September 2021, Quizlet announced that it was planning an initial public offering (IPO). Financial information made available by the company was limited except that it had reportedly doubled its revenue in FY2020.
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