Novakid acquires Lingumi in expansion into AI tutoring for children Page 1

San Francisco, California–(Newsfile Corp. – September 19, 2024) – Novakid, the online school transforming the way children ages 4 to 17 learn English, has acquired British EFL app Lingumi in a groundbreaking deal. The partnership brings hundreds of thousands of users to Novakid, furthering its mission to make quality English education accessible to young learners. It offers an affordable alternative to expensive tutoring and enables students of all ages to learn English, regardless of income, with an engaging, intelligent platform.

Since its founding in 2017, Novakid has been providing online English lessons for children using an innovative curriculum with 25-minute learning blocks and trained teachers. Their rapid growth led to a $35 million Series B raise from prestigious companies including Owl Ventures and Goodwater Capital, helping the company achieve its 2023 revenue targets. Today, Novakid has over 70,000 active users in more than 50 countries.