Classmates, Inc.

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Classmates, Inc. - overview

Established

1995

Location

Seattle, WA, US

Primary Industry

Internet

About

Classmates, Inc. operates an online platform that connects individuals with their high school alumni networks, enabling users to maintain relationships through profiles, photos, and reunion planning. Founded in 1995 and headquartered in Seattle, US, Classmates, Inc. focuses on reconnecting individuals with their high school communities.


In August 2015, the company was acquired by PeopleConnect Holdings, Inc. for USD 30 mn, with the aim to enhance its service offerings. The acquisition marked a strategic shift to operate under a new parent entity while maintaining its distinct operations. The company was co-founded by Andrew Humphries, Ben Cook, and Mashuq Bin Mizan Mimo, with Ben Cook currently serving as CEO.


Classmates. com offers a comprehensive online platform designed to connect individuals with their high school communities through a variety of services. The core product includes a vast directory of high school alumni and class lists, allowing users to search by name or maiden name. Users can view profiles, share photos, and communicate with former classmates, effectively solving the challenges of reconnecting and maintaining relationships with peers from school.


The platform also provides tools for organizing reunions and events, catering to the needs of socializing and reminiscing about high school experiences. The company serves a diverse customer base across the United States and Canada, focusing on individuals interested in reconnecting with their past and sharing memories through photographs and yearbooks, accessible on multiple devices including laptops, tablets, and smartphones. Revenue generation for Classmates. com primarily relies on subscription models and service fees associated with its offerings.


Customers engage with the platform through subscription plans that grant access to exclusive features, such as viewing detailed profiles and using the reunion planning tools. Transactions facilitate direct-to-consumer interactions, allowing users to purchase individual services or subscriptions based on their needs. Flagship services include access to digital yearbooks and reunion tools, with pricing plans designed to cater to a variety of user preferences. The company’s revenue structure is supported by a mix of standard and premium offerings, providing users with flexibility in how they interact with the platform.


Following the acquisition in August 2015, Classmates, Inc. plans to leverage the resources of PeopleConnect Holdings, Inc. to enhance its service offerings. The company aims to introduce new features aimed at improving user engagement and support for reunion planning tools.


With the recent funding of USD 30 mn, Classmates intends to expand its market presence in Canada and further develop its digital yearbook capabilities. The investment is expected to facilitate enhancements to its online platform, thereby increasing user interactions and retention.


Current Investors

PeopleConnect Holdings, Inc.

Primary Industry

Internet

Sub Industries

Schools, Social Networking & Communication Platform, Search Engines

Website

www.classmates.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Classmates, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedClassmates, Inc.-

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Classmates, Inc. - employee data

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Classmates, Inc. - key contacts

NamePositionStart DateEnd DateVcardBio 
President & Board MemberBM
Chairman, Board of DirectorsBM

BM Board Member

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