Novakid Overview
- Year Founded
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2017
- Status
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Private
- Employees
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430
- Latest Deal Type
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Series B
- Latest Deal Amount
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$35M
- Investors
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10
Novakid General Information
Description
Provider of an English as a Second Language (ESL) learning platform for young learners designed to offer individual lessons and international group speaking practice. The company's mission is to build a global community of young English learners designed to encourage deep and meaningful friendships across different cultures, it helps kids learn efficiently through full language immersion and fun games and activities, mastering English for academic and career success and complements school learning by giving kids a safe place for real-life English speaking practice with methodology based on learning games representing the new generation of online learning, allowing learners to access quality English learning for free and from as early as 2 years old with wide access for many more children around the world.
Contact Information
Website
www.novakidschool.comCorporate Office
- 548 Market Street
- Suite 8291
- San Francisco, CA 94104-5401
- United States
Corporate Office
- 548 Market Street
- Suite 8291
- San Francisco, CA 94104-5401
- United States
Novakid Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series B) | 03-Aug-2021 | $35M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series A) | 01-Dec-2020 | Completed | Generating Revenue | |||
| 1. Early Stage VC (Series AA) | 19-Aug-2019 | $1.5M | $1.5M | Completed | Generating Revenue |
Novakid Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Series AA-1 | 5,864,254 | $0.000100 | 1% | $0.26 | $0.26 | 1x | $0.26 | 16.72% |
VC Exit Predictor
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Exit Type
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Novakid Comparisons
Industry
Financing
Details
Novakid Competitors (5)
One of Novakid’s 5 competitors is All Right, a Venture Capital-Backed company based in Nicosia, Cyprus.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| All Right | Venture Capital-Backed | Nicosia, Cyprus | ||||
| VIPKid | Venture Capital-Backed | Beijing, China | ||||
| SkyEng | Venture Capital-Backed | Moscow, Russia | ||||
| Preply | Venture Capital-Backed | Brookline, MA | ||||
| Cambly | Venture Capital-Backed | Covina, CA |
Novakid Related Research & Analysis
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Verticals
Novakid Signals
Growth Rate
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Majestic Referring Domains
Novakid Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Iskra Ventures | Venture Capital | Minority | ||
| KB Investment | Venture Capital | Minority | ||
| Goodwater Capital | Venture Capital | Minority | ||
| LearnStart | Venture Capital | Minority | ||
| Owl Ventures | Venture Capital | Minority |
Novakid Acquisitions (1)
Novakid’s most recent deal was a Merger/Acquisition with Lingumi. The deal was made on 17-Sep-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Lingumi | 17-Sep-2024 | Merger/Acquisition | Educational Software |
Novakid Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Lingumi | London, United Kingdom | 2015 |
Novakid FAQs
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When was Novakid founded?
Novakid was founded in 2017.
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Where is Novakid headquartered?
Novakid is headquartered in San Francisco, CA.
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What is the size of Novakid?
Novakid has 430 total employees.
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What industry is Novakid in?
Novakid’s primary industry is Educational and Training Services (B2C).
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Is Novakid a private or public company?
Novakid is a Private company.
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What is the current valuation of Novakid?
The current valuation of Novakid is .
-
What is Novakid’s current revenue?
The current revenue for Novakid is .
-
How much funding has Novakid raised over time?
Novakid has raised $40.7M.
-
Who are Novakid’s investors?
Iskra Ventures, KB Investment, Goodwater Capital, LearnStart, and Owl Ventures are 5 of 10 investors who have invested in Novakid.
-
Who are Novakid’s competitors?
All Right, VIPKid, SkyEng, Preply, and Cambly are competitors of Novakid.
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