Novakid Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
450
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$35M
- Investors
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11
Novakid General Information
Description
Provider of online language learning software intended for teaching english to children in remote classroom settings. The companys' platform delivers live individual and group lessons with certified teachers, uses interactive video sessions, structured curricula aligned to age and proficiency levels, gamified exercises, virtual classrooms, progress tracking dashboards, lesson recordings, parental management tools, and integrated assessment and feedback machanisms, enabling parents and educational users to support consistent language skill development, monitor learning outcomes, and provide structured english education for young learners across different geographies.
Contact Information
Website
www.novakidenglish.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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Novakid Comparisons
Industry
Financing
Details
Novakid Competitors (5)
One of Novakid’s 5 competitors is SkyEng, a Venture Capital-Backed company based in Moscow, Russia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SkyEng | Venture Capital-Backed | Moscow, Russia | ||||
| Preply | Venture Capital-Backed | Brookline, MA | ||||
| All Right | Venture Capital-Backed | Nicosia, Cyprus | ||||
| Cambly | Venture Capital-Backed | Covina, CA | ||||
| VIPKid | Venture Capital-Backed | Beijing, China |
Novakid Signals
Novakid Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alois Ventures | Venture Capital | Minority | ||
| Iskra Ventures | Venture Capital | Minority | ||
| KB Investment | Venture Capital | Minority | ||
| Goodwater Capital | Venture Capital | Minority | ||
| LearnStart | 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.
-
Where is Novakid headquartered?
Novakid is headquartered in San Francisco, CA.
-
What is the size of Novakid?
Novakid has 450 total employees.
-
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.
-
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?
Alois Ventures, Iskra Ventures, KB Investment, Goodwater Capital, and LearnStart are 5 of 11 investors who have invested in Novakid.
-
Who are Novakid’s competitors?
SkyEng, Preply, All Right, Cambly, and VIPKid are competitors of Novakid.
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