Novakid Inc Secures $35 Million in Series B Funding to Revolutionize Online English Learning for Kids

Novakid Inc, a dynamic Series B EdTech startup specializing in English as a Second Language for children aged 4 to 12, is thrilled to announce a substantial funding round, successfully raising $35 million in its latest investment campaign. This brings Novakid’s total funding to $41.5 million, enabling the company to further its mission of providing immersive, engaging, and effective English language learning to kids around the globe. Since its inception in 2017, Novakid has delivered over 15 million English lessons and is proud to report double-digit revenue growth in 2023. The latest funding will be allocated towards expanding the platform’s innovative curriculum, enhancing teacher recruitment, and furthering technological advancements to ensure a seamless learning experience. Recognized for its excellence, Novakid secured a spot on the 2023 Inc 5000 list at position 105 and was awarded the Best Digital Language Learning Product of the Year in the Digital Education Awards. With its unique approach of combining one-to-one and group lessons with gamified learning experiences, Novakid fosters a safe environment where children can practice real-life English speaking skills and build future academic and career success. The company's mission to create a global community of young English learners promotes cross-cultural friendships and enriches the lives of its students. For those interested in being part of this exciting journey, Novakid has several job openings available, which can be explored on their careers page. Join Novakid as they pave the way for the next generation of English language learners!