# Class Technologies Inc.

Class Technologies Inc. is an EdTech based in New York, United States.

## Overview

- **Organization type:** EdTech
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** classtechnologies.com
- **LinkedIn:** https://www.linkedin.com/company/class-technologies-inc

## Regulatory record

- **Reports private funds:** No

## About

Chasen co-founded Class alongside CTO Wesley Boyer in September 2020, after selling Blackboard for $1.64 billion (per Providence Equity deal, 2011) and a stint running PrecisionHawk's drone-analytics business. The company set out to solve a specific problem: Zoom was built for meetings, not teaching. Class adds attendance tracking, test proctoring, one-to-one student breakout discussions, and integrated gradebooks directly into the Zoom client. The firm sells a SaaS platform to higher-education institutions, K–12 school districts, and corporate L&D departments. Its product suite layers instructional tools—interactive whiteboards, quizzing, seating charts, hand-raise queues—on top of Zoom's video backbone. Deployment is predominantly in North America, with a growing footprint across EMEA and APAC through reseller partnerships. Class landed on the Inc. 5000 list in 2024, reflecting sustained revenue growth since its launch. The company raised $105 million in a SoftBank Vision Fund 2-led Series B in 2021, with participation from earlier backers including Insight Partners, Owl Ventures, and Salesforce Ventures (per the firm, July 2021). Total disclosed venture funding exceeds $190 million. It acquired Blackboard Collaborate from Anthology in 2023, reuniting Chasen with the virtual-classroom product he originally built, and integrated it into a unified platform. Professional headcount is not publicly disclosed, though the firm operates across the United States with offices in New York and Washington, DC. Class's structural differentiator is its Zoom-first architecture. Rather than building yet another standalone video platform, it created a category by embedding instructional software inside the tool that corporate and academic IT departments had already deployed at scale during the pandemic—making procurement a lightweight add-on rather than a rip-and-replace decision.

## Sectors

- Enterprise Software
- Education
- AI/ML

## Offices

- Washington, DC

## People

- Michael Chasen — Co-Founder & CEO
- Wesley Boyer — Co-Founder & CTO

## Questions

### How does Class Technologies add value on top of Zoom?

Class is not a standalone video platform—it runs as a layer inside the Zoom client. It adds tools purpose-built for instruction: attendance automation, proctoring, hand-raise queues, breakout rooms with instructional supervision, integrated gradebooks, and real-time quizzing. The architecture means institutions already licensed for Zoom can deploy Class without replacing their core video infrastructure.

### Who are Class's primary investors?

SoftBank Vision Fund 2 led a $105 million Series B in July 2021. The cap table also includes Insight Partners, Owl Ventures, Salesforce Ventures, and Emergence Capital (per the firm, 2021). Total disclosed venture funding stands at over $190 million.

### How does the Blackboard Collaborate acquisition change Class's competitive position?

In 2023, Class acquired Blackboard Collaborate from Anthology. The deal brought the original virtual-classroom product Chasen built at Blackboard back under his control, along with its installed base of higher-education clients. It allowed Class to consolidate two overlapping synchronous-learning products and offer migration paths for legacy Collaborate customers.

### Does Class sell only to universities, or does it target corporate training as well?

Class sells to a mix of higher-education institutions, K–12 school districts, and corporate learning-and-development departments. The platform's feature set—proctoring, compliance reporting, instructor dashboards—serves both academic credit-bearing courses and regulated corporate training environments equally.

## Related profiles

- [Clary Financial](https://altss.com/profile/clary-financial-inc)

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Last updated: 2026-06-03T20:00:00.000Z

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