# Novakid Inc: E-learning, London, United Kingdom

> Novakid Inc: Novakid Inc is a global EdTech startup founded in 2017, focusing on online English language education for children aged 2 to 14.

Source: https://millionrounds.com/startup/novakid-inc (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [E-learning startup](https://millionrounds.com/companies)

# Novakid Inc

Novakid Inc is a global EdTech startup founded in 2017, focusing on online English language education for children aged 2 to 14.

Funding reported Last round: Series B

E-learning London, United Kingdom

Company summary

- **Founded:** 2017 9 years old
- **Team:** 1,700 1,000+ people
- **Funding reported:** 41.5M as listed, currency not stated
- **Last round:** Series B Aug 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Novakid Inc has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Novakid Inc

Novakid Inc is a global EdTech startup founded in 2017, focusing on online English language education for children aged 2 to 14.

The company delivers live, gamified lessons through a virtual classroom, serving students in over 50 countries. With a mission to create a global community of young English learners, Novakid aims to prepare children for success in a connected world. The company operates a subscription-based online English school that features one-on-one and group lessons with certified teachers. Its curriculum is designed to meet CEFR standards and emphasizes speaking skills through interactive activities. Novakid also utilizes AI technology for progress tracking and personalized learning paths. In 2024, Novakid expanded its offerings by acquiring Lingumi, a UK-based app that provides AI-assisted English lessons for early learners. With a user base of over 940,000 parents and more than 24 million lessons delivered, Novakid is recognized as a leader in the education sector.

## What company datasets say Novakid Inc raised

Funding, as reported

Reported in all **41.5M** in the source's currency

Rounds **4**

Last round **Series B**

Last round size **35M**

Last round date **Aug 2021**

Investors listed **8**

## Founders and team

From Novakid Inc's own website: 2 founders, 9 on the team.

**Max Azarov** Co-Founder and Chief Executive Officer

**Dmitry Malin** Co-Founder and Chief Operations Officer

- **Oksana Moiseeva** Chief Financial Officer
- **Anna Kudryavtseva** New Business Development Director
- **Denis Arendt** Marketing Director
- **Elena Campanella** Teaching and Product Director
- **Elvira Mambetova** Educational Content Development Lead
- **Maria Greku** Culture & Internal Comms Lead
- **Michael Lisovski** Engineering Director
- **Olegs Ustinkovs** HR Director
- **Olena Strutynska** Customer Success Director

## On 2 portfolio pages

Investors who name them

- [Owl Ventures](https://millionrounds.com/fund/owl-ventures-3)
- [TMT Investments](https://millionrounds.com/fund/tmt-investments)

Each firm lists Novakid Inc on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

cefr-aligned curriculum personalized learning for children multilingual support consumers native english speakers ai tutoring elearning educational technology for kids elementary english education english for kids teacher training english proficiency child-friendly interface peer interactions short lessons fun learning

Built with from their website

Amazon SES Google Tag Manager Amazon CloudFront Canva WebRTC WordPress.org HREF Lang AWS Trusted Advisor Atlassian CallMiner Eureka

+8 more

Google Ads Clarity SDM YouTube GitHub Google Workspace Viewport Meta Copilot IBM ILOG CPLEX Optimization Studio

- **Sector:** E-learning
- **Industry code:** NAICS 61169, 611630, SIC 8299
- **Region:** England
- **Revenue:** 9M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/novakid)

## E-learning in United Kingdom

Startups like it

- [**FutureLearn** London · founded 2012 *Raised*](https://millionrounds.com/company/futurelearn)
- [**Memrise** London · founded 2010 *Raised*](https://millionrounds.com/company/memrise)
- [**Mrs Wordsmith** London · founded 2015 *Raised*](https://millionrounds.com/company/mrs-wordsmith)
- [**Perlego** London · founded 2017 *Raised*](https://millionrounds.com/company/perlego)
- [**Lirica** London · founded 2017 *Raised*](https://millionrounds.com/company/lirica)
- [**Magma Maths** London](https://millionrounds.com/startup/magma-maths)
- [**HegartyMaths** Harrow · founded 2015](https://millionrounds.com/startup/hegartymaths)
- [**Inquisitive** London · founded 2015](https://millionrounds.com/startup/inquisitive-2)

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