Tech Company Financing Transactions
Novakid Funding Round
On 8/5/2021, Novakid landed $35 million in Series B funding from Goodwater Capital, Owl Ventures and BonAngels Venture Partners.
Transaction Overview
Company Name
Announced On
8/5/2021
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series B
Investors
Goodwater Capital (Lead Investor)
Owl Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand into new markets in Asia, strengthen its position in existing markets (Europe and MENA), develop original educational content, and launch a new gamification platform to increase customer loyalty and satisfaction.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
548 Market St. 8291
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Overview
NovaKid is a next generation early English learning platform that allows kids around the world to learn English through a remote practice with native-speaking teachers and through engagement with AI-powered games and training apps that promote English speaking and comprehension based with the use of authentic content in English language.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Max Azarov
Chief Operating Officer
Dmitry Malin
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