Codeverse, an Immersive Coding Studio for Kids, Raises $10 Million in...

Financing

Codeverse, an Immersive Coding Studio for Kids, Raises $10 Million in Seed Funding

Aug 24, 2018

VERSED IN CODE (AND CASH): Codeverse, an immersive coding studio for kids aged 6-13, has raised $10 million in seed funding. Katy Lynch, the company’s co-founder and chief marketing officer, declined in an interview to share more details about who contributed to the round, only offering that it included a mix of venture firms and individual donors from across the country and overseas.

Founded in 2016, Codeverse offers weeklong camps and after-school weekend and evening classes. Lynch said what makes Codeverse unique is its interactive studio in Chicago’s Lincoln Park neighborhood, where kids can program the hardware in real time, and KidScript, the proprietary coding language it developed.

“Our self-guided tutorials and our adaptive learning platform really allows kids to learn at their own pace and their own skill level,” Lynch claims.

Codeverse currently operates one studio in Chicago, and is adding two new interactive studios to the Chicago area, which will open this fall. The company plans to use the rest of the funds in part to hire new instructors, invest in its KidScript software and expand beyond Illinois.

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