About ROYBI
ROYBI is a company based in San Francisco (United States) founded in 2017 by Rong Cheng and Elnaz Sarraf.. ROYBI has raised $4.2 million across 2 funding rounds from investors including xEdu. ROYBI has completed 2 acquisitions, including Kadho and KidSense. ROYBI operates in a competitive market with competitors including Wonder Workshop, Swivl, PCS Edventures, Zyrobotic and Kiri, among others.
- Headquarter San Francisco, United States
- Founders Rong Cheng, Elnaz Sarraf
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Sectors
ConsumerTechnology Education
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Phone
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Website
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Social
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- Legal Name Roybi, Inc
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Funding Insights of ROYBI
ROYBI has successfully raised a total of $4.2M across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $4.2 million completed in July 2019. 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 Total Funding
- Total Rounds 2
- Last Round Angel Round — $4.2M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2019 | Amount | Angel Round - ROYBI | Valuation |
investors |
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| Dec, 2018 | Amount | Seed - ROYBI | Valuation | xEdu |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ROYBI
ROYBI has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include xEdu. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Education startups are accelerated by xEdu in Finland.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ROYBI
ROYBI has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Kadho and KidSense. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Embedded automatic speech recognition for children is provided by KidSense.
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2015 | ||||
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Gamified apps are developed to enhance cognitive and language skills.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ROYBI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Roybi Comparisons
Competitors of ROYBI
ROYBI 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 Wonder Workshop, Swivl, PCS Edventures, Zyrobotic and Kiri, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Educational toy robots for children's learning are provided.
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| domain | founded_year | HQ Location |
Automated video collaboration tools are offered for education.
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| domain | founded_year | HQ Location |
Hands-on STEM Education products for K12 Toys and activities for learning
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| domain | founded_year | HQ Location |
Social robotic coach and smart toys
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| domain | founded_year | HQ Location |
Children's language learning is facilitated by a screenless Montessori toy.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Roybi
Frequently Asked Questions about ROYBI
When was ROYBI founded?
ROYBI was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is ROYBI located?
ROYBI is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of ROYBI?
Elnaz Sarraf is the current CEO of ROYBI. They have also founded this company.
Is ROYBI a funded company?
ROYBI is a funded company, having raised a total of $4.2M across 2 funding rounds to date.
What does ROYBI do?
ROYBI was founded in 2017 in San Francisco, United States, within the edtech sector. An AI-driven robot is offered to deliver personalized tutoring for children. Courses in technology, mathematics, science, and various languages are included in the curriculum. Operations focus on interactive learning experiences facilitated by artificial intelligence, with the platform accessible via roybirobot.com. Leadership is provided by co-founders Elnaz Sarraf as CEO and Rong Cheng as CTO.
Who are the top competitors of ROYBI?
ROYBI's top competitors include Swivl, Wonder Workshop and PCS Edventures.
Who are ROYBI's investors?
ROYBI has 1 investor. Key investors include xEdu.
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