(I asked some people this question in person and got the answer "no", but wanted to see if the Internet had more to say)$ \newcommand{\FinGrp}{\mathbf{FinGrp}} $
Way back in my first group theory course, Hungerford's (undergrad) textbook explained the classification of groups as breaking up into two steps: (1) classify the finite simple groups (which has now been done), and (2) try to understand extension problems (which is also hard, and probably impossible in general).
Nowadays I know about algebraic $K$-theory, which essentially ignores step (2). Has anyone tried to understand the classification of finite simple groups through the lens of algebraic $K$-theory, or study the $K$-theory spectrum $K(\FinGrp)$? For example $K_0(\FinGrp)$ should be the free abelian group on isomorphism classes of simple groups.
There is a complication here that $\FinGrp$ is not a Waldhausen category: we have a reasonable notion of cofiber sequence $N \rightarrowtail G \twoheadrightarrow G/N$, but pushouts will not exist in general. I imagine you can fix this by working with finitely presented groups, or whatever you get from adjoining pushouts of normal-subgroup-inclusions to $\FinGrp$. Or does this tank the whole idea?