Kahoot! announces strategic secondary investment from General Atlantic to support continued expansion as a leading learning and engagement platform
OSLO, Norway, Sept. 16, 2022 /PRNewswire/ -- Kahoot!, the global learning and engagement platform company, today announced that General Atlantic, a leading global growth equity firm, has joined its investor base to support the company's next phase of expansion. Existing investor SB Northstar LP, a fund managed by a 100% directly owned subsidiary of SoftBank Group Corp., partner to Kahoot! since 2020, is selling its full 15% stake in the company to General Atlantic. Upon completion of the transaction, General Atlantic is expected to become Kahoot!'s largest shareholder. With a mission of making learning awesome for millions of people around the world, Kahoot! plans to partner with General Atlantic to accelerate further growth initiatives, drive innovation, and expand its global footprint in homes, schools, and corporations.
- Group has grown into a multifaceted offering and a portfolio of leading brands at the intersection of digital learning and audience engagement.
- continues to pursue its mission to improve lifelong learning by building a leading global learning and engagement platform, we are thrilled to add a partner of General Atlantic's caliber.
- Our learning platform makes it easy for any individual or corporation to create, share, and host learning sessions that drive compelling engagement.
- General Atlantic is a leading global growth equity firm with more than four decades of experience providing capital and strategic support for over 445 growth companies throughout its history.