NovoEd

NovoEd

About NovoEd

Simplify's Rating
Why NovoEd is rated
B-
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Consulting

AI & Machine Learning

Education

Company Size

51-200

Company Stage

Series A

Total Funding

$4.7M

Headquarters

San Francisco, California

Founded

2012

Overview

Company Does Not Provide H1B Sponsorship

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Simplify's Take

What believers are saying

  • NovoEd's platform is chosen by Columbia Business School for executive development programs.
  • Winning multiple Brandon Hall Group awards boosts NovoEd's industry reputation.
  • Partnership with ISG expands NovoEd's reach in enterprise training solutions.

What critics are saying

  • Emerging platforms may challenge NovoEd's market position in cohort-based learning.
  • Rapid AI adoption could outpace NovoEd's technological advancements.
  • High expectations from prestigious partnerships may strain NovoEd's resources.

What makes NovoEd unique

  • NovoEd's platform is tailored for social and collaborative cohort-based learning experiences.
  • Partnerships with top institutions like Columbia Business School enhance NovoEd's credibility.
  • NovoEd offers free certifications, like LXI, to promote accessible professional development.

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Funding

Total Funding

$4.7M

Below

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$5M
ByteDance
$8.2M
Discord
$15M
Canva
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Eastern Progress
Dec 11th, 2024
NovoEd Awarded 13 Gold Medals in Brandon Hall Group's 2024 Excellence in Technology Awards

NovoEd was awarded 13 Gold medals in the following Brandon Hall Group 2024 Excellence in Technology Awards categories:

PR Newswire
Sep 23rd, 2024
NovoEd Wins 29 Brandon Hall Group 2024 HCM Excellence Awards, Including 13 Medals in Partnership with Supplier Leadership on Climate Transition

NovoEd also received recognition in 16 additional categories, including 11 Gold medals for such awards as Best Competencies and Skill Development, Best Corporate Culture Transformation, Best Development Program for Frontline Leaders, Best Employee Engagement, and Best Program for Upskilling Employees.

PR Newswire
Aug 13th, 2024
Columbia Business School Executive Education Selects Novoed To Power Next Generation Executive Development Program

NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Columbia Business School Executive Education is excited to announce that its esteemed Executive Development Program: Leading Into the Future is migrating to NovoEd's cutting-edge learning platform. This strategic partnership aims to elevate the learning experience, ensuring executives worldwide have access to an enriched, interactive, and impactful development journey.Columbia Business School Executive Education announces its Executive Development Program is migrating to NovoEd. Post this Columbia Business School Executive EducationThe Executive Development Program: Leading Into the Future from Columbia Business School Executive Education is renowned for its transformative approach to leadership training, rigorous curriculum, and world-class faculty. By leveraging NovoEd's state-of-the-art technology, the program will now offer enhanced features that cater to the evolving needs of today's business leaders."Offering next-generation professional development to global executives is a key area of focus for us at Columbia Business School Executive Education," said Mark Roberts, Senior Associate Dean of Executive Education at Columbia Business School. "NovoEd's platform will enable us to offer an improved experience for busy executives

PR Newswire
Sep 19th, 2023
Novoed Launches Lxi: Free Learning Change Management Certification For Executives

New Virtual Course Helps Leaders Measure the ROI of Workforce Development InitiativesSAN FRANCISCO, Sept. 19, 2023 /PRNewswire/ -- NovoEd , the leading social and collaborative cohort learning platform, welcomes its first executive participants on Oct. 9, 2023 to LXI: Learning Experience Impact — a new, free certification course designed to help leaders demonstrate and promote the business value of workforce development initiatives at their organizations. LXI follows the LXD: Learning Experience Design course by NovoEd, through which more than 35,000 people from six continents have elevated their skills since 2016.Participants who complete LXI will earn the exclusive free change management credential for learning, HR, and talent professionals available today. "In LXI, executives will gain the ability to apply and measure intentional change management techniques to better instigate efficiency, production, and innovation across their companies," said Todd Moran, Chief Strategy Officer of NovoEd. "In so doing," Moran continues, "they will also be equipped to promote the business value of L&D programs to their bosses, to their boards, and to C-level executives outside of the learning suite."NovoEd welcomes its first executive participants on Oct

PR Newswire
Aug 24th, 2023
Novoed Partners With Imd To Win 5 Brandon Hall Group 2023 Hcm Excellence Awards

Top Global Business School & US Technology Company Recognized For Impactful Initiatives in Leadership Development and Executive Education in Industry-Defining Awards ProgramSAN FRANCISCO, Aug. 24, 2023 /PRNewswire/ -- NovoEd , the leading social and collaborative learning platform for deep capability building, is pleased to announce it has won five medals — including four Gold — with the International Institute for Management Development (IMD) in the 2023 Brandon Hall Group HCM Excellence Awards™. This industry awards program recognizes best practices for initiatives in Learning and Development, Talent Management, Leadership Development, Talent Acquisition, Human Resources, Sales Performance, Diversity, Equity & Inclusion, and the Future of Work. View the complete list of winners here ."It is an honor to be recognized for our work with IMD by Brandon Hall Group," said NovoEd CEO and Chairman of the Board Scott Kinney. "We are dedicated to delivering high-impact cohort learning experiences for our clients in service of their most critical strategic initiatives. IMD is building and delivering some of the world's most ambitious leadership development programs, and these awards speak to the transformative benefits of choosing the right technology partner to power those initiatives."IMD is a pioneering force in developing leaders, and its executive education and degree programs are consistently ranked among the world's best by the Financial Times, Bloomberg, Forbes, and others

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