Norwegian ed-tech company Kahoot is aiming to expand into Asian markets through acquisitions with the backing of its lead investor Japan based SoftBank and a listing on the main Oslo stock exchange. Kahoot was established in 2013 and has raised $325m in funding.
The company is currently valued at $6bn, had $45m of revenue in 2020, and includes Microsoft and Disney as shareholders. The company plans to double its revenue in the current year and reach sales of $200m by 2023. The quiz-based learning products are primarily free to use for school and family consumers with the majority of revenue being derived from corporate training clients including Facebook and Nasdaq.
