Norwegian Kahoot! collect 83 million – and Microsoft as a shareholder – digi.en

Microsoft is in the ownership of the Norwegian game and læringsteknologiselskapet that has grown rapidly in the last few years.

Kahoot collect 10 million dollars in fresh funds. It is equivalent to nok 83 million for the current course.

Money collected through a private placement to three investors. Besides, Microsoft Ventures also offers investment funds Northzone and Creandum purchased.

Kahoot has since quiz-solution was launched in 2013 received a large number of users. In an announcement, write founder and ceo Johan Brand that they now have over 30 million active users a month, a library consisting of over 10 million lærespill, which is created and shared by users in 180 countries.

140 million

the rights Issue that was known yesterday is in addition to a seed investment of 6.5 million dollars from last year summer. Oppstartselskapet has thus been added closer to 140 million in a just over a year.

Currently, it is unclear where the large holdings that have changed hands. In advance set co-founders of between 10 and 12.3 per cent. The shares are in practice somewhat diluted after the last share issue, but founders and key employees will still have an overall great ownership, according to the imf.

the Refill of the fresh funds will go to further international growth, to develop new spillformater, as well as the infrastructure and operation for the up-and-coming Norwegian IT-oppstartselskapet.

Fredrik Syversen in the ICT-Norway compares Kahoot with Opera Software and Tandberg, at least when it comes to the early willingness to invest and international ambitions. Aftenposten. Image: Marius Jørgenrud

– In the same class as Opera and Tandberg

Fredrik Syversen is a director for business development in the ICT-Norway, and is working towards oppstartmiljøer both international and inland.

He draws some of the biggest IT companies of Norway has managed to foster, when he shall compare the willingness to invest Kahoot has managed to trigger.

” I put it in the same class as Opera and Tandberg. They also had a clear orientation and focused very by to collect the money to go international. It is also the Kahoot do now. They pull a krigskasse to really get rolled their solutions out in the world, ” says Syversen to the digi.no.

– Worth hundreds of millions

It is currently unclear how much the last placement rates edtech company, but it is not small change.

” We’re talking hundreds of millions of dollars in valuation, believes ICT-Norway-director.

He believes Kahoot has managed to create a unique product. There is also nothing in the way with the level of ambition of the company, which aims to “contribute to better learning for all”.

They have said that they shall be the greatest in the field of education, but not by go the way of tenders or sell to the schools. They give instead the solution away to teachers and students, and is aiming to grow that way. They have very clear plans to get to value creation, but first, they should have the users in place. They also have a great brukermasse which provides the most valuable data and free research and development in a way – and this is all the time to further develop the product, ” says Fredrik Syversen.