Algoritmika

Algoritmika

Algorithmics is an international school of programming & mathematics for children aged 6 to 17. The company also offers online and offline bootcamps aimed for lifelong learning.

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DateInvestorsAmountRound
investor

€0.0

round

$10.0m

Early VC
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20182019202020212022
Revenues00000000000000000000
% growth-126 %10 %111 %15 %
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin(5 %)(37 %)(36 %)(102 %)(13 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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Algoritmika is an international online programming school for children and teenagers from 6 to 17 years old. The company offers a range of courses that teach skills in programming, project management, and critical thinking. The curriculum is designed to be engaging and effective, using a combination of gamified tasks, teamwork, and practical projects.

Algoritmika operates on a franchise-based business model, partnering with educational institutions and entrepreneurs in over 70 countries. This model allows for rapid expansion and localization of its content. The company provides its partners with a proprietary learning management system (LMS), detailed lesson plans, and ongoing support. Revenue is generated through franchise fees and royalties on student tuition.

The platform is designed to be user-friendly for both students and teachers. It includes features for tracking student progress, automating homework checks, and facilitating communication. The courses cover a variety of topics, from basic computer literacy to advanced programming languages like Python and C#. By focusing on practical skills and a project-based approach, Algoritmika aims to prepare students for future careers in technology.

Keywords: edtech, programming, online education, franchise, children, teenagers, coding, gamification, learning platform, skill development

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