Codeyoung, an Edtech startup that provides live online coding classes to K12 students, has raised an undisclosed amount in a seed round of funding led by US-based VC firm Guild Capital.
Founded by IIT- Delhi alumni Shailendra Dhakad and Rupika Taneja in November 2019, Codeyoung offers programs for courses in Coding and Robotics to kids between 5-16 years of age in small groups. The curriculum is designed to instil creativity among kids and empower them to express their various interests and ideas through coding. It extends beyond the drag & drop environment & equips kids with skills to create industry-standard programs on popular languages like Python and Java.
The company has been able to generate massive traction by engaging 15000+ students globally in less than a year.
About Guild Capital
Guild Capital is an early-stage venture capital firm investing in growth-stage teams who can evolve into great companies. They share best practices and leverage Guild’s ecosystem solutions to actively assist companies in hiring talent, raising capital, generating actionable intelligence, and establishing communication strategies. They add such value to early-stage portfolio companies through specialized teams collectively called the Guild Platform.
About the Investment
Codeyoung plans to launch several coding courses and engagement initiatives that will address the learning gaps. Thus contributing towards the child’s overall educational well-being. The raised funds will be used to scale up in International Markets as well as strengthen Academics Research, Technology and Product teams.
The edtech sector is on the rise and requires investments extensively. Such an investment will help Codeyoung to reach out to a wider audience with the help of various courses.
Tekie, another edtech company, was covered by us. Click here to know more.