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Classtime

Can a formative-assessment SaaS platform become the default real-time learning analytics layer for K-12 and higher-education institutions across DACH and North America?

HQZurich, Switzerland
FoundersJan Rihak, Micha Riser, Adam Eberle, Valentin Ruest
Latest roundSeries A, February 2024
IndustryVertical SaaS / Education
The story

Classtime is a Zurich-based EdTech company offering a formative and summative assessment platform for teachers and students, trusted by millions of educators globally. The company raised a Series A in February 2024 to scale in DACH, UK, and US markets and to embed generative AI capabilities into its core platform. There is no evidence of a significant embedded-finance pivot; the company's monetization relies on SaaS subscription tiers (Basic, Premium, School License) rather than financial products.

Last 12 months
2024-02
Product timeline
2024
Secured Series A growth financing from Swiss Post Ventures and SuperCharger Ventures to expand in DACH, UK, and US markets.· funding
2024
Announced use of generative AI to assist teachers with routine tasks and generate in-depth question content on the Classtime platform.· pivot
The stack
Accounting gap: none