Kahoot! begins buying and selling on the primary Oslo Inventory Trade immediately, one other massive step for the corporate to make studying nice
Oslo, Norway, March 18, 2021 / PRNewswire / – Kahoot!, the worldwide studying platform firm, immediately began buying and selling on the Oslo Inventory Trade, marking a milestone within the firm’s historical past and imaginative and prescient to develop as a studying platform for main worldwide. Kahoot! ASA is listed beneath the image KAHOT.OL.
Since its launch in 2013, Kahoot! has develop into a worldwide popular culture phenomenon, with over 5 billion cumulative gamers accessing Kahoot! platform thus far. Kahoot! has skilled extraordinary development with the speedy adoption of digital studying know-how globally, changing into a trusted studying and engagement platform for faculties, companies, households and social teams. Final 12 months alone, over 250 million video games have been performed with over 1.5 billion gamers collaborating in 200 international locations. look this video to see the highlights of the Kahoot! journey.
With Kahoot !, customers can create their very own studying recreation in minutes or select from over 50 million ready-to-play Kahoot. The video games might be performed in particular person or through video convention, or shared as a problem at your personal tempo, to interact learners from any location. Resulting from growing international demand, the Kahoot! The app is already out there in 5 international languages, together with English, Spanish, Portuguese and French, and several other different languages will probably be out there quickly, together with German and Italian.
Increase the Kahoot! platform to create the last word studying vacation spot
The Kahoot! The group additionally expanded its studying platform with the acquisition of 5 corporations, together with award-winning apps DragonBox and Poio in 2019, the primary taking math studying to the following stage and the second permitting children to be taught to learn by way of play. Kahoot! acquired the Actimo worker engagement platform and the Drops language studying platform in 2020. In February, Kahoot! acquired Whiteboard.fi, a web based whiteboard device for all educators, academics and school rooms.
In October 2019, Kahoot! has been listed on Euronext Progress – an fairness buying and selling marketplace for SMEs – and already has a strong base of over 20,000 buyers throughout Europe, United States and Asia, together with institutional and international buyers reminiscent of SoftBank, Microsoft and Disney. With the transfer to the primary itemizing of the Oslo Inventory Trade, Kahoot! will probably be out there to a fair bigger international investor base obsessed with creating nice studying!
An progressive method that defines Kahoot! a component
Kahoot’s scalable cloud-based know-how platform! Is supported by a viral distributed mannequin, the choices of Kahoot! The group corporations, together with a globally acknowledged and trusted model throughout all person teams, underpin the extremely differentiated aggressive place of Kahoot !. The corporate takes a user-centric, data-driven method to product improvement and innovation, having fun with an excellent market alternative with a booming e-learning market.
Kahoot! maintained a worthwhile development path with optimistic working money move over the previous 5 quarters, in addition to sturdy funding for continued investments in organics improvement and non-organic development alternatives. With that, Kahoot! plans to convey much more thrilling new affords, options and initiatives to its customers and proceed to make studying superior around the globe.
“We’re delighted to mark this essential milestone in Kahoot’s journey! As we take the following step in direction of our imaginative and prescient of changing into the world’s main studying platform, ”mentioned Eilert Hanoa, CEO, Kahoot !. “We thank everybody who contributed to our unimaginable journey, together with our customers, our buyers and our passionate group. We stay up for increasing and strengthening our platform within the subsequent part of development.
Proceed to generate strong development
Within the final firm presentation of March 2021, Kahoot! introduced sturdy development in customers, paid subscriptions and income. The Kahoot! has over 24 million lively accounts prior to now 12 months, with paid subscriptions reaching over 550,000 (over 200% development from 2019) for professionals, academics and private use, together with 100,000 paid subscriptions from the acquisition of Drops Language Studying in This fall 2020. Revenues billed in 2020 elevated to over $ 45 million (Progress of 247% 12 months on 12 months).
In studying areas and person teams, Kahoot! continues to increase its attain. Over 7 million educators and academics and lots of of thousands and thousands of scholars worldwide use Kahoot! to make studying superior. Kahoot! can be utilized by 97% of Fortune 500 corporations, in addition to lots of of 1000’s of organizations around the globe, supporting enterprise studying, group collaboration, engagement, and company tradition.
Along with the primary itemizing on the Oslo Inventory Trade, Kahoot! explores the chance for secondary registration in 2021.
For extra info on buying and selling Kahoot! shares, go to the investor web page and the Kahoot! investor prospectus. Please go to Kahoot! Information to remain updated with firm information and updates.
Kahoot! is on a mission to make studying superior! We wish to empower everybody, together with kids, college students and workers to unleash their full studying potential. Our studying platform makes it simple for any particular person or enterprise to create, share and play studying video games that generate compelling engagement. Launched in 2013, the imaginative and prescient of Kahoot! Is to create the world’s main studying platform. Over the previous 12 months, over 250 million video games have been performed on the Kahoot! platform with 1.5 billion collaborating gamers in 200 international locations. The Kahoot! The household additionally contains award-winning math studying apps DragonBox, Poio be taught to learn app, Drops language studying apps, Actimo worker engagement platform and Whiteboard.fi, the whiteboard device. on-line for all educators, academics and school rooms. The Kahoot group is headquartered in Oslo, Norway with workplaces in USA, UK, France, Finland, Estonia, Denmark and Spain. Let’s play!