NovaKid
Type of site | Educational |
---|---|
Available in | English, Romanian, Turkish, French, German, Polish, Hebrew, Italian, Russian, Spanish, Korean, Japanese, Chinese |
Headquarters | San Francisco, California, U.S. |
Area served | Worldwide |
Owner | Novakid Inc. |
Founder(s) | Max Azarov Dmitry Malin |
Industry | Language learning |
URL | novakidschool |
Commercial | Yes |
Registration | Required |
Users | 70,000 (2024) |
Launched | August 2017 |
Current status | Active |
Native client(s) on | iOS, Android |
NovaKid is an online English-language education platform based in San Francisco, California.[1][2]
History
[edit]NovaKid was founded in 2017 by Maxim Azarov and Dmitry Malin as a platform that uses gamification and virtual reality to engage young learners.[3][4]
In 2018, NovaKid expanded internationally, becoming available in Turkey and Poland; by 2020, it had expanded to Europe, the Middle East, and Asia.[3][4]
During the COVID-19 pandemic in 2020, NovaKid saw user growth on its platform and raised $1.5 million in seed financing, followed by $4.25 million in Series A funding.[5] A year later, in 2021, it raised $35 million in Series B funding.[6][7]
In 2023, NovaKid reportedly became profitable.[6] The following year, it acquired Lingumi, a UK-based app for preschool English learners, and established NovaKid Junior, a division focused on AI-guided learning for children.[6]
Platform
[edit]NovaKid is an online learning platform that delivers English lessons via a virtual classroom.[7] It uses gamification techniques to maintain student engagement, tracks student progress through a parent dashboard, and provides interactive educational content, including exercises, quizzes, and virtual reality tours of landmarks.[3] Its curriculum combines live lessons with vocabulary and grammar exercises.[7]
As of 2024, NovaKid had over 70,000 active users.[6]
References
[edit]- ^ "История основания и развития международной онлайн-школы английского языка с годовым оборотом 9 миллионов долларов". «Жажда» - бизнес-журнал.
- ^ https://www.bloomberg.com/profile/company/1740791D:US
- ^ a b c "Языковые игры: как россияне создали онлайн-школу и нарастили выручку в пандемию". Forbes.ru. September 3, 2021.
- ^ a b "Leta Capital вложилась в образовательный стартап". Ведомости. January 29, 2020.
- ^ Butcher, Mike (December 1, 2020). "Novakid's ESL app for children raises $4.25M Series A led by PortfoLion and LearnStart investors".
- ^ a b c d "Novakid acquires Lingumi to expand into AI tutoring". Tech.eu. September 18, 2024.
- ^ a b c Mascarenhas, Natasha (August 2, 2021). "Novakid's investors bet $35M that it can teach kids English".