# Kinoo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kinoo

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.kinoo.com
- Latest round: Series A (Feb 1, 2021)
- Investors on record: 1

## About

Kinoo Inc. is a company specializing in innovative educational tools that enhance early literacy skills through playful, AI-driven learning solutions, focusing on creating engaging experiences for children and families.Founded in 2020, Kinoo Inc. is headquartered in Mountain View, US. The company focuses on developing educational tools aimed at improving literacy skills in children. The founders include Barbara Chase, Jim Marggraff, Jonathon Nostrant, MJ Marggraff, and Mark Schlichting. The company has raised a total of USD 13.00 mn in funding, with their most recent deal occurring on November 2, 2021, during which they secured USD 13.00 mn from investors including Galaxy Interactive and Learn Capital.Kinoo Inc. specializes in developing educational tools to enhance early literacy skills, prominently featuring the Kibeam Wand. This screen-free device interacts with traditional paper books to create an engaging reading environment through real-time prompts and play-based activities. The Kibeam Wand is utilized by parents, educators, and over 60,000 families across the United States, offering valuable data on reading engagement and literacy development.Kinoo Inc. generates revenue through direct-to-consumer sales and partnerships with educational institutions. Their offerings include the Kibeam Wand and associated reading systems, which involve both one-time purchases and subscription-based services. This diversified revenue model supports a range of clients from families to schools in pilot programs, positioning the Kibeam Wand as a premium educational tool.Kinoo Inc. plans to utilize the USD 13.00 mn raised in November 2021 to further develop its product offerings and expand into new markets. Upcoming products include enhancements to the Kibeam Wand and additional educational tools aimed at improving literacy. The company is targeting expansion into international markets by 2023, increasing its reach to more families and educational institutions globally.

## Funding rounds

- Series A, Feb 1, 2021 — Galaxy Asset Management

## Investors

- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A