Codeyoung, an Edtech startup dedicated to introducing coding to K12 students at an early age, secures a seed round of funding led by Guild Capital
Codeyoung, a start-up 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, Codeyoung is on a mission to develop cognitive skills and creative thinking among children through coding. The ed-tech startup offers coding courses to K12 students between 5-16 years of age. It is in line with India’s new education policy. The amendment prescribes courses in programming and web development for students in class 6 and above. Exposing students to coding at the K-12 level is a way of preparing them to adapt to the future. Coding helps instil a habit of curiosity in their impressionable minds; thus pushing students to question, observe, analyse and record everything around them. Fanning the curiosity of young, inquisitive minds is the cornerstone of Codeyoung’s mission, and something the platform aims to achieve in its community.
Rupika Taneja, Co-founder of Codeyoung, said “ Our main focus has been to develop the most hands-on curriculum with very distinct learning goals. We started our journey by making programs in Coding as a way to impart necessary skills to school kids in an enjoyable and engaging way. Now we have more than 15000+ kids globally enrolled in our various programs. The funding will help us in reaching out to more students and launching more programs aligned with our vision.”
The focus on developing creativity and original thinking rather than just programming skills has encouraged kids to express their interests in liberal arts & pure sciences through coding. Codeyoung’s curriculum extends beyond the drag & drop environment & equips kids with skills to create industry-standard programs on popular languages like Python and Java. A hallmark of the program is the collaborative approach to learning as a team, a crucial skill required by the next generation of entrepreneurs & technologists.
Speaking on the investment, Apoorv Gautam, Guild India Head and COO says “We at Guild Capital were quite inspired by the vision of the founders to democratise coding education globally. We see it as a critical enabler among K12 students to become future ready in today’s world. We believe coding will be as important as any other language skill in the coming days and introducing such courses at an early age will be crucial. We are proud to partner with the Codeyoung team and help them achieve their vision.”
According to Shailendra Dhakad, Co-founder of Codeyoung, “ We believe that the time is ripe for Codeyoung's products & services. We have seen that people are finding value in introducing their kids to coding at an early age and seeing a lot of positive impact on a kid's creativity and confidence. Being true to our values, we plan 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 trust shown by investors has further fueled our desire to make coding more fun and contextual for school kids across the world.”
The raised funds will be used to scale up in International Markets as well as strengthen Academics Research, Technology and Product teams.
Codeyoung was founded in November 2019 and is based out of Bangalore. They offer 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 Rupika Taneja
Rupika, a young IIT Delhi alumnus, has always been passionate about education and making a positive impact on society. Her stint in Flipkart as Business Analyst just after college showed her the impact technology can make at scale. Following the drive to take on a bigger and more meaningful personal challenge while also doing something good for society, she co-founded Codeyoung. She is currently the core administrator of the company heading core functions of Sales, Operations and Academics.
About Shailendra Dhakad
Shailendra is a young IIT Delhi alumnus and was actively involved in various social-entrepreneurial projects on campus. He always wanted to follow a path that is driven by meaning and impact. As a fresh graduate, he joined an early-stage startup based in Brisbane as Growth Product Manager. Desire to learn more about entrepreneurship led him into taking risks by moving out of the comfort of a salaried job, and into the role of a digital growth consultant to startups. Seeing the impact of coding and entrepreneurship first hand, he decided to take on the mission to get young kids introduced to technology at an age when they are still creative and energetic. He started a journey to empower kids across the world by giving them a platform and skills to express their ideas and gain creative confidence at an early age. He handles the Product, Marketing and Tech at Codeyoung.
About Guild Capital
Guild Capital is an early-stage venture capital firm investing in growth-stage teams who can evolve into great companies. Our aim is to become a trusted partner by actively supporting founders in developing growth strategies and architecting high-performance cultures. We 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. We add such value to early-stage portfolio companies through specialized teams collectively called the Guild Platform. We plan to bring our established playbook in the US to India which is a key strategic geography for us going forward.