# Whitehat Education Technology Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/whitehat-education-technology-private

- Industry: Education/Training
- Headquarters: Mumbai, India
- Website: www.whitehatjr.com
- Total disclosed funding: $11M
- Latest round: Series A (Aug 30, 2019)
- Investors on record: 3

## About

Whitehat Education Technology, based in India, offers innovative online education focused on coding and STEM skills for children, aiming to equip the next generation with essential tech competencies.Whitehat Education Technology Private Limited, founded in 2018 in Mumbai, India, specializes in online coding education for children aged 6 to 18. The company was acquired by Think & Learn Private Limited in August 2020 for USD 300 mn from Nexus Venture Partners, Omidyar Network India, and Owl Ventures, supporting BYJU'S US expansion strategy. The company has completed three funding deals to date, with the latest being an Add-on, Trade Sale round led by Byju's, raising a total of USD 709.96 mn. Ananya Tripathi serves as the CEO.WhiteHat Jr. specializes in providing online education services, primarily focused on coding and STEM (Science, Technology, Engineering, and Mathematics) skills for children. Their core offerings include a range of interactive coding courses designed for children aged 6 to 18. These courses utilize a hands-on approach, allowing students to learn through real-world projects, thereby enhancing their problem-solving skills. The platform aims to address the growing demand for programming proficiency in a technology-driven world, ultimately preparing students for future opportunities in tech fields. WhiteHat Jr. serves a diverse customer base, including students and parents who seek quality educational resources, with significant market penetration in regions such as India, the United States, and several other international markets.WhiteHat Jr. generated revenue of USD 65.20 mn in 2021. The company operates on a direct-to-consumer model, offering subscription-based courses that cater to parents looking to enhance their children's education. Clients enroll their children in classes that are structured as monthly or annual subscriptions. Pricing tiers vary based on course complexity and duration, focusing on foundational coding skills, robotics, and app development. This business structure fosters repeat engagement from users, ensuring a steady revenue stream through ongoing educational commitments from families invested in their children’s learning.Following its acquisition, Whitehat Education Technology plans to leverage the recent funding to accelerate product development and expand its market reach, particularly in the United States. The company is focused on launching new coding courses tailored for younger children, scheduled for release within the next year. Additionally, strategic initiatives are in place to penetrate other international markets, aiming for significant growth by 2022, particularly in regions identified as underserved in coding education.

## Funding rounds

- Series A, Aug 30, 2019, $9.9M — Nexus Venture Partners, Omidyar Network, OWL Ventures
- Seed, Dec 26, 2018, $1.3M — Nexus Venture Partners, Omidyar Network

## Investors

- Nexus Venture Partners (https://capitalatlas.ai/funds/nexus-venture-partners) — Seed, Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Seed, Series A
- OWL Ventures (https://capitalatlas.ai/funds/owl-ventures) — Series A