NovoEd

San Francisco, United States Founded: 2012 • Age: 14 yrs Acquired By Devonshire Investors
Online learning and training programs platform

About NovoEd

NovoEd is a Technology company based in San Francisco (United States) founded in 2012, and was acquired by Devonshire Investors in October 2018. Online learning and training programs platform. It operates in the Technology and Education sectors. NovoEd has raised $4.8 million across 2 funding rounds from investors including Foundation Capital, Maveron and Costanoa. Its website novoed.com draws about 126 thousand monthly visits. NovoEd offers products and services including Learn+, Mentor+, Practice+, and NovoAI. Its focus areas include Enterprise Applications, HRTech, LMS and Collaborative Learning. Its competitors include OpenSesame, Intrepid Learning and Intellum; 3 of its 3 listed competitors have raised funding.

Company details

NovoEd was founded in 2012 in San Francisco, United States, as an edtech platform. Courses from industry veterans and professors at top universities are offered through its online interface. Social tools are integrated to enable student networking and collaborative projects. Eighteen partnerships with institutions like University of Maryland, Wharton, Princeton University, and UC Berkeley are established. Corporate clients including ING, GE, and Cemex utilize the services for training programs.

  • Headquarters San Francisco, United States
  • Stage Acquired
  • Sectors
    Technology
    Education
  • Website category Business and Consumer Services · Business Services
  • Email
    ••••••••
  • Website novoed.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Devonshire Investors (Oct 2018)
Key Metrics

Products & Services of NovoEd

NovoEd offers a comprehensive portfolio of products and services, including Learn+, Mentor+, Practice+, and NovoAI.

Learn+
Learning Platform

Enables creation of interactive learning experiences for organizational alignment.

Mentor+
Mentoring Tool

Fosters employee growth through personalized guidance and feedback.

Practice+
Skill Building

Delivers immersive scenarios for practical skill development and application.

NovoAI
AI Features

Enhances learning with AI tools for creation and delivery across platforms.

Funding Insights of NovoEd

NovoEd has successfully raised a total of $4.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.8 million completed in April 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $4.8M
  • Total Rounds 2
  • Last Round Series A — $4.8M
  • Investors Count 6

All 2 funding rounds of NovoEd with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2014$4.8MSeries A–Costanoa
Jan 2013Seed–Ulu Ventures, Foundation Capital
–
Valuation history

7 investors in total: 7 institutional.

Investors in NovoEd

NovoEd has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Foundation Capital, Maveron and Costanoa.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
1995foundationcapital.comPalo Alto, United States
Venture capital investments in consumer businesses, emphasizing technology and human behavior.
maveron.com
Venture capital firm focused on early stage fintech, data, AI, and security companies
costanoa.vcPalo Alto, United States
Seed-stage funding is provided to innovative founder teams.
uluventures.comPalo Alto, United States
Seed stage venture capital firm investing in US
kaporcapital.comOakland, United States
Learn Ventures is focused on building educational technology ventures.
learn.vcSan Mateo, United States
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Investor details for NovoEd

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of NovoEd

22 people are tracked at NovoEd (9 in leadership, 13 in team).

NameRoleGroup
Lei Bao
Sr. Director of User ExperienceLeadership
Scott Kinney
Executive Chairman and CEOLeadership
Farnaz Ronaghi
Co-Founder & Chief Technology OfficerLeadership
Daniel F.
VP Of EngineeringLeadership
Angelica R.
Director Of Customer Enablement And SupportLeadership
Lynn Christiansen Esquer
Director of Demand Generation and Digital MarketingLeadership
Richard Caccavale
VP Of MarketingLeadership
Calynn Ihnat
Head Of Revenue OperationsLeadership
Lisa Brefini
Senior Director Of Customer SuccessLeadership
Molly Moss
Senior Customer Success ManagerTeam
Simon Trigg
Senior Customer Success ManagerTeam
Erika L.
Senior User Experience DesignerTeam
🧶 Juliano Gomes
Backend Tech LeadTeam
Kwok Fong
Software QA EngineerTeam
Luis Adrián Chávez Fregoso
Ruby DeveloperTeam
Lauren Gardenhire
Customer Success ManagerTeam
Oswaldo Martínez Guillén
Senior Frontend DeveloperTeam
Hanna Hollins
Customer Support ManagerTeam
Rebecca Dozier, MBA, PMP
Senior Solutions ConsultantTeam
Rhys Goulbourn
Solutions ConsultantTeam

2 more people are available in the full profile.

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Complete people profiles for NovoEd

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of NovoEd

4 dated milestones of NovoEd across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded NovoEd is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $4.8M.
  4. Exit Acquired by Devonshire Investors.

Competitors of NovoEd

NovoEd has 3 listed competitors in our database, 3 of them funded. They include OpenSesame, Intrepid Learning and Intellum.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
opensesame.com2011Portland, United States$102.23M240
E-learning courses for corporate training are traded via online marketplace.
intrepidlearning.com1999Seattle, United States$15.95M275
SaaS-based learning management platforms for corporations are provided.
intellum.com2000Atlanta, United States$25M80
Web-based learning management systems and courseware are provided by Intellum.
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Detailed competitors of NovoEd

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of NovoEd

The website of NovoEd (novoed.com) receives about 126.3K visits a month and ranks #264,037 among all websites worldwide, #7,468 in Business Services.

  • Monthly visits
    126.3K

    ▲ 1.3% vs previous month

  • Unique visitors
    36.3K

    per month

  • Global rank
    #264,037

    among all websites

  • Category rank
    #7,468

    Business and Consumer Services · Business Services

Similar websites

Websites whose visitors overlap most with NovoEd. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
plusacumen.org
plusacumen.org
100%
–
dupress.com
dupress.com
90%
–
designkit.org
designkit.org
90%
#525,225–
mentorcliq.com
88%
107.7K#387,441View details
quality.org
88%
#234,521View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 10 similar websites and full traffic analytics for NovoEd

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 10 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in HR & Workforce Technology

3 companies that operate in the same segment as NovoEd (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Novoed

Frequently Asked Questions about NovoEd

NovoEd was founded in 2012 and raised its 1st funding round 1 year after it was founded.

NovoEd is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

NovoEd is a funded company, having raised a total of $4.8M across 2 funding rounds to date.

NovoEd was founded in 2012 in San Francisco, United States, as an edtech platform. Courses from industry veterans and professors at top universities are offered through its online interface. Social tools are integrated to enable student networking and collaborative projects. Eighteen partnerships with institutions like University of Maryland, Wharton, Princeton University, and UC Berkeley are established. Corporate clients including ING, GE, and Cemex utilize the services for training programs.

NovoEd's top competitors include OpenSesame, Intrepid Learning and Intellum.

NovoEd offers Learn+, Mentor+, Practice+, and NovoAI.

NovoEd has 7 investors. Key investors include Foundation Capital, Maveron, Costanoa, Ulu Ventures, and Kapor Capital.

Yes. NovoEd was acquired by Devonshire Investors in October 2018.

The website of NovoEd receives about 126 thousand visits a month and ranks #264,037 among all websites worldwide.

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