What is Clever?
Headquartered in San Francisco, California, Clever provides a specialized Single Sign-On portal designed to streamline distance learning for educational institutions. Their platform automates rostering and offers a curated catalog of digital resources for teachers, enhancing efficiency and accessibility in the education industry. The company's focus on secure and user-friendly technology has positioned it as a key player in the edtech landscape, facilitating seamless digital integration for schools and districts.
How much funding has Clever raised?
Clever has raised a total of $43.3M across 4 funding rounds:
Other Financing Round
$20K
Angel/Seed
$3M
Series A
$10.3M
Series B
$30M
Other Financing Round (2012): $20K with participation from Y Combinator and Start Fund
Angel/Seed (2012): $3M led by Alexis Ohanian, Floodgate, Ben Parr, Jessica Livingston, Uncork Capital, Mitchell Kapor, Y Combinator, Jeff Clavier, Paul Buchheit, Yuri Milner, Kapor Capital, GV, Ashton Kutcher Network, SV Angel, and GSV Acceleration
Series A (2014): $10.3M supported by Steamboat Ventures
Series B (2014): $30M featuring Lightspeed Venture Partners, Steamboat Ventures, and GSV Capital
Key Investors in Clever
Y Combinator
Y Combinator is a renowned startup accelerator that provides seed funding and mentorship to early-stage companies, helping them scale and achieve significant growth.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global venture capital firm that invests in early and growth-stage technology companies across various sectors, partnering with founders from seed through IPO/M&A.
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses by providing essential resources, strategic insights, and a vast network.
What's next for Clever?
With substantial enterprise-level backing and a recent strategic investment, Clever is poised for accelerated growth. The company's trajectory, marked by consistent funding rounds from seed to Series B, indicates strong investor confidence in its business model and market potential. This capital infusion will likely support the enhancement of its secure log-in software, expansion into new educational markets, and further development of its digital resource catalog. Clever's strategic focus on simplifying digital access for students and educators positions it for continued leadership in the evolving edtech ecosystem.
See full Clever company page
