NovaKid

NovaKid

United States
Novakid is a next-generation English as a Second Language (ESL) online learning platform that allows children around the world to learn English with native-speaking teachers. The platform uses gamification and VR technologies in order to create an English-speaking environment and helps students to learn in a fun and interesting way. The Novakid educational program complies with the Common European Framework of Reference (CEFR) and is developed considering the individual interests and age of the children. The proprietary progress evaluation method (over 1500 parameters, A/B testing, and other components of a data-driven approach) ensures great results and lets teachers adapt the program for their students' specific requirements. Incorporated in the US and now in its fifth year of operation, Novakid has over 2,000 teachers and 500,000 clients in its customer base across the 49 countries in which it operates, 70,000 of which are active users. Over 2,4 million classes were delivered by Novakid teachers during 2021, more than double the total lessons given in 2020. In 2021, Novakid was recognised as the number one online English school for children in Europe by J'son & Partners. Novakid was included on the Forbes Magazine Top 500 list of America's Best Startup Employers (as at 8 March 2022). Novakid was founded in 2017 and is based in San Francisco, CA, USA.
Founded date
12/12/2017
# of employees
251-500
Company type
For Profit

General & financials

Estimated revenue
$1M to $10M
# of funders
2
Founders
Dmitry Malin, Maxim Azarov
Industry group
Community and Lifestyle, Education, Software

Founding

Top 5 investors
BonAngels Venture Partners, Goodwater Capital, PortfoLion Capital Partners, TMT Investments, LETA Capital
# of funding runds
4
Last founding
$35.000.000
Total funded
$41.527.796

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