Clever
Financials
Estimates*
EUR | 2016 | 2017 | 2018 | 2019 | 2020 |
---|---|---|---|---|---|
EBITDA | <1m | <1m | <1m | - | - |
Profit | <1m | <1m | <1m | <1m | <1m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$20.0k | Seed | ||
$3.0m | Seed | ||
$10.3m | Series A | ||
$30.0m | Series B | ||
$468m Valuation: $468m | Acquisition | ||
Total Funding | AUD66.9m |
Recent News about Clever
EditClever is a leading technology company that specializes in providing a secure and streamlined digital learning environment for K-12 education. The company offers a Single Sign-On (SSO) platform that consolidates all educational applications into one secure portal, making it easier for students, teachers, and administrators to access the tools they need. Clever serves a broad range of clients, including students, parents, teachers, tech coaches, and district administrators, primarily in the United States. Impressively, over 60% of U.S. schools, including 95 of the largest 100 districts, use Clever's platform, reaching 15 million students monthly.
Operating in the educational technology market, Clever's business model revolves around partnerships with educational institutions and application providers. Schools and districts integrate Clever into their systems to simplify the login process and enhance security, while application partners benefit from increased accessibility and user engagement. Clever generates revenue through subscription fees paid by schools and districts for using its platform, as well as through partnerships with educational app developers who want to be included in Clever's App Gallery.
Clever's mission is to improve education for millions of students by making digital learning more accessible and efficient. The company is led by a seasoned team of professionals, including CEO and co-founder Tyler Bosmeny, and other key executives who bring a wealth of experience in education and technology.
Keywords: K-12 education, Single Sign-On, digital learning, secure portal, educational technology, student access, school districts, app integration, subscription model, U.S. schools.