# NovaKid

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

- Industry: Education/Training
- Headquarters: San Francisco, US
- Website: www.novakidschool.com
- Total disclosed funding: $40M
- Latest round: Series B (Aug 2, 2021)
- Investors on record: 8

## About

Founded in 2017 and based in California, US, NovaKid Inc. develops an online learning platform that offers English lessons for children via virtual classroom experience. In August 2021, NovaKid Inc. raised USD 35 million in series B funding co-led by new investors Goodwater Capital and Owl Ventures, with participation from returning investors PortfoLion, Learn Capital, TMT Investments, Xploration Capital, LETA Capital, and BonAngels. As of 2021, the company is led by its co-founder Max Azarov and Dmitry Malin.

NovaKid Inc. will use the funding to get more students into its universe of tools and help expand into international markets with high populations of speakers who want to learn English.

## Funding rounds

- Series B, Aug 2, 2021, $35M — PortfoLion, Learn Capital, TMT Investments, BonAngels Venture Partners, LETA Capital, Goodwater Capital, OWL Ventures, Xploration Capital
- Series A, Nov 10, 2020, $4.3M — PortfoLion, Learn Capital, TMT Investments, Xploration Capital
- Seed, Jun 19, 2019, $0.8M — BonAngels Venture Partners

## Investors

- BonAngels Venture Partners (https://capitalatlas.ai/funds/bonangels-venture-partners) — Seed, Series B
- PortfoLion (https://capitalatlas.ai/funds/portfolion) — Series A, Series B
- Learn Capital (https://capitalatlas.ai/funds/learn-capital) — Series A, Series B
- TMT Investments (https://capitalatlas.ai/funds/tmt-investments) — Series A, Series B
- Xploration Capital (https://capitalatlas.ai/funds/xploration-capital) — Series A, Series B
- LETA Capital (https://capitalatlas.ai/funds/leta-capital) — Series B
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series B
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series B