About NovoEd
NovoEd is a company based in San Francisco (United States) founded in 2012 was acquired by Devonshire Investors in October 2018. NovoEd has raised $4.8 million across 2 funding rounds from investors including Foundation Capital, Maveron and Costanoa. NovoEd offers products and services including Learn+, Mentor+, Practice+, and NovoAI. NovoEd operates in a competitive market with competitors including 360Learning, OpenSesame, Intrepid Learning, CrossKnowledge and LearnUpon, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyEducation
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.8 M (USD)
in 2 rounds
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Latest Funding Round
$4.8 M (USD), Series A
Apr 28, 2014
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Investors
Foundation Capital
& 6 more
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Employee Count
Not available
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Acquired by
Devonshire Investors
(Oct 16, 2018)
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Products & Services of NovoEd
NovoEd offers a comprehensive portfolio of products and services, including Learn+, Mentor+, Practice+, and NovoAI.
Enables creation of interactive learning experiences for organizational alignment.
Fosters employee growth through personalized guidance and feedback.
Delivers immersive scenarios for practical skill development and application.
Enhances learning with AI tools for creation and delivery across platforms.
People of NovoEd
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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.
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.
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Venture capital firm focused on early-stage fintech, enterprise, web 3, consumer, and multiple sectors
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Venture capital investments in consumer businesses, emphasizing technology and human behavior.
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Venture capital firm focused on early stage fintech, data, AI, and security companies
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Investor details for NovoEd
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Investments & Acquisitions by NovoEd
Investment portfolio details for NovoEd
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Financial Statements - NovoEd
Detailed financials for NovoEd
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Novoed Comparisons
Peer comparison for NovoEd
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Competitors of NovoEd
NovoEd operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as 360Learning, OpenSesame, Intrepid Learning, CrossKnowledge and LearnUpon, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Corporate learning management platform
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E-learning courses for corporate training are traded via online marketplace.
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SaaS-based learning management platforms for corporations are provided.
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Cloud-based distance learning solutions are offered to companies worldwide.
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Learning Management System for corporates
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Detailed competitors of NovoEd
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Latest news on Novoed
Complete news archive for NovoEd
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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 360Learning, OpenSesame and Intrepid Learning.
NovoEd offers Learn+, Mentor+, Practice+, and NovoAI.
NovoEd has 7 investors. Key investors include Foundation Capital, Maveron, Costanoa, Ulu Ventures, and Kapor Capital.