# CodeMonkey Studios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/codemonkey-studios

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.playcodemonkey.com
- Total disclosed funding: $2.2M
- Latest round: Seed (Feb 3, 2017)
- Investors on record: 5

## About

CodeMonkey Studios Inc. offers an interactive educational platform that teaches children coding through engaging game-based experiences, fostering essential programming skills in a fun environment.Founded in 2014 and headquartered in Brooklyn, US, CodeMonkey Studios Inc. specializes in coding education for children. The company was co-founded by David Macias, Ido Schor, and Jonathan Schor, with Jonathan Schor currently serving as CEO. In February 2017, the company raised USD 1.5 mn in a Seed funding round led by Japan Twentyone Co., Ltd., with participation from EduLab Capital Partners and Invictus Capital Partners. This was the company's fifth deal, following its most recent funding round.CodeMonkey offers an educational platform that teaches children coding through engaging, game-based experiences, utilizing real programming languages like CoffeeScript and Python for ages 5 to 14. Its product range includes learning modules such as CodeMonkey Jr., Coding Adventure, and Banana Tales, aimed at developing foundational coding skills. The platform serves schools, after-school programs, and individual families primarily in North America, Latin America, Europe, and parts of Asia, providing a self-paced learning environment that integrates seamlessly into educational curricula.CodeMonkey generates revenue through subscription-based plans for educators and parents, offering various pricing structures tailored to schools and individual users. These plans include access to a full curriculum for grades K-8, featuring tools like the Classroom Dashboard for curriculum management and student performance tracking. The company collaborates with educational institutions and engages in direct-to-consumer sales, providing essential tools for nurturing the next generation of coders.Following the Seed funding round in February 2017, CodeMonkey plans to utilize the USD 1.5 mn raised to enhance its product offerings and expand its reach. The company is designing upcoming products that will further engage young learners in coding and is targeting expansion into additional markets in North America and Europe by 2025. CodeMonkey aims to solidify its presence in school systems and after-school programs, ensuring that coding education remains accessible and effective.

## Funding rounds

- Seed, Feb 3, 2017, $1.5M — Invictus Capital Partners, EduLab Capital Partners, Japan Twentyone Co., Ltd.
- Seed, Aug 1, 2014, $0.5M — co.lab, MindCET
- Angel, May 25, 2014, $0.2M — MindCET
- Seed, Nov 1, 2013, $0M — MindCET

## Investors

- MindCET (https://capitalatlas.ai/funds/mindcet) — Seed, Angel
- co.lab — Seed
- Invictus Capital Partners (https://capitalatlas.ai/funds/invictus-capital-partners) — Seed
- EduLab Capital Partners (https://capitalatlas.ai/funds/edulab-capital-partners) — Seed
- Japan Twentyone Co., Ltd. — Seed