According to TC, Clever has raised a $30 million round of financing led by Lightspeed Venture Partners and includes participation from existing investor Sequoia Capital, as well as new investors GSV Capital and Peter Thiel.

Clever is the simplest way for districts to keep their learning software in sync with their student information systems. In the last year, over 6,000 schools across the United States have adopted the Clever technology, and over 100 innovative software applications have joined the Clever platform, including Amplify, Imagine Learning, and Think Through Math. In November 2012, the SIIA named Clever the 'Most Innovative Company in Education,' and in March 2013, Clever was awarded first place in the SXSWedu competition.