Kahoot!

Company Overview

Kahoot provides a game-based learning platform used as educational technology in schools and other educational institutions as well as in many organisations. It offers learning games for any subject, in any language, on any device, and for all ages.

Kahoot's Imapct on Society

Kahoot can have a positive effect on learning performance, classroom dynamics, students’ and teachers’ attitudes and students’ anxiety.

Studies reported the classes using Kahoot! saw increased attendance, student participation, engagement, motivation, as well as interaction between students and teachers and students and peers.

One of the challenges that some studies noted is teachers’ concern that the element of competition would increase students’ anxiety. However, nearly all of the studies that examined this effect found that Kahoot! actually reduced student anxiety, compared to traditional teaching approaches or other online tools.

Students who played Kahoot! in the classroom reported feeling more confident answering quiz questions, particularly with Kahoot!’s option to play anonymously, and also felt more comfortable asking questions in the discussion period of class. Teachers confirmed this finding, as they reported an increase in their students’ participation — even among shy students — as well as improved concentration, motivation, and understanding of the content.

Kahoot's Current Investors

Goldman Sachs Asset Management, M12, General Atlantic, KIRKBI, SoftBank, Glitrafjord, Date Invest, TRK Group and many more.

Kahoot's Use of Funds Raised

The company plans to use the funds to fuel growth through new partnerships, joint ventures, and acquisitions.

Kahoot! operates a two-pronged business. While one side of its business focuses on schools and home learning, the other centres on corporate clients looking to make training sessions and presentations. Its game-based platform and easy-to-use features make e-learning, training, and presentations engaging. Based on its mission of making learning awesome, the Norwegian company delivers engaging and fun learning to over one billion players at school, at work, and at home, allowing users to create and host games in a live session, or assign self-paced games for remote training.

Kahoot! is experiencing strong momentum and accelerated adoption as enterprises increasingly seek engaging, trustworthy and user-friendly ways to build corporate culture, educate and interact. At the same time, schools and educators are looking to enhance the learning experience, whether virtually or in the classroom. The company intends to use the net proceeds from the private placement to finance accelerated growth through value-creating non-organic opportunities and continue to build a unique platform company.

Risks of Kahoot

Main challenges mentioned by students include hard to read questions and answers on a projected screen, not being able to change answer after submission, stressful time-pressure for giving answers, not enough time to answer, afraid of losing, and hard to catch up if an incorrect answer had been given. Further, challenges mentioned by teachers include getting the difficulty level of questions and answers right, problems related to network connectivity, scoring based on how quickly the students answer reducing student reflection and causes some students to guess without thinking and that some students can have a problem with failing a quiz.

Kahoot mitigates these risks by incorporating an anonymous profile system and is implementing various ways of scoring to prevent student anxiety and other potential risks.