Novakid
Financials
Estimates*
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $780k | Seed | |
N/A | $750k | Seed | |
$1.5m | Seed | ||
* | $4.3m | Series A | |
* | $35.0m | Series B | |
Total Funding | AUD65.3m |
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Recent News about Novakid
EditNovakid is a Series B EdTech startup ($41,5M raise) with double-digit revenue growth in 2023. This online English as a Second Language learning platform for children aged 4 to 12 has delivered over 14 million English lessons for kids since inception in 2017.
This award-winning online English school offers one-to-one and group lessons with qualified and experienced teachers. Kids learn efficiently through full language immersion and fun games and activities, mastering English for academic and career success. The ability to master the English language from an early age is important for a child's future academic and career goals. Novakid complements school learning by giving kids a safe place for real-life English speaking practice, and the methodology is based on learning games - representing the new generation of online learning.
Novakid’s mission is to build a global community of young English learners designed to encourage deep and meaningful friendships across different cultures.
Novakid has been recognised by a number of organisations across the world:
- According to J’son & Partners Consulting (2021), the Novakid ESL platform is the leader in its segment in Europe
- Novakid has been included on the 2023 Inc 5000 list - Novakid was placed at position 105, and is 1st in the Education category
- In 2023, Novakid won the Best Digital Language Learning Product of the Year Award in the Digital Education Awards
- Novakid was recognised as a finalist in the 2022 and 2023 EdTech Digest Awards in the category of Best Language Learning Solution
- Novakid was nominated as a finalist in the ‘Early Years’ category of the EdtechX Awards 2023
- Novakid was listed in the GSV EdTech top 150 list of the leading private companies in the digital learning space
- Novakid was included on the Forbes Top 500 list of America’s Best Startup Employers 2022