HobSpace

HobSpace

Platform for extra-curricular activities online and offline for kids between 3-14 years.

HQ location
Mumbai, India
Launch date
Employees
Enterprise value
$18—27m
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DateInvestorsAmountRound
investor investor investor investor investor investor

€0.0

round
investor

€0.0

round
*

$4.5m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-466 %467 %1 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

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More about HobSpace
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HobSpace is a startup focused on providing a structured and engaging chess curriculum for children aged 5 to 14. The company operates in the educational technology (ed-tech) market, specifically targeting parents who want to enhance their children's cognitive skills through chess. HobSpace offers personalized learning experiences curated and delivered by Grandmasters, ensuring high-quality instruction.

The primary clients of HobSpace are parents and their children, as well as teachers who use the platform to deliver lessons. The company aims to help children develop better decision-making skills, pattern recognition, and strategic thinking by learning chess at a young age. HobSpace believes that early childhood is the ideal time for skill-building, as children are more adaptable and have untapped potential.

HobSpace's business model revolves around offering online chess classes, practice tournaments, and game analysis sessions. The company generates revenue through subscription fees paid by parents for their children's participation in these activities. Additionally, HobSpace may offer premium services or special classes that require additional payments.

The platform also provides regular feedback and game analysis to help children improve their chess skills continuously. By creating a hyperlocal solution, HobSpace ensures that its services are accessible and tailored to the specific needs of its users.

In summary, HobSpace is dedicated to making chess education accessible and effective for young children, leveraging the expertise of Grandmasters and a structured curriculum to foster cognitive development.

Keywords: chess education, children, Grandmasters, cognitive skills, online classes, practice tournaments, personalized learning, ed-tech, skill-building, subscription model.

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