
Nomad Education
Offline mobile education app for the Francophone world.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
* | €800k | Seed | |
Total Funding | 000k |
EUR | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 56 % | 18 % | 42 % | 17 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | - | 36 % | 32 % | 34 % | 11 % |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (13 %) | 18 % | 9 % | 10 % | (3 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Nomad Education is a Paris-based EdTech company founded in 2011 by Caroline Maitrot and François Firmin, former executives at the French education media group Studyrama. Maitrot, the current CEO, spent 13 years at Studyrama and was inspired to create a business with a social impact. Firmin, an entrepreneur in the education sector for over 30 years, shared the vision of using smartphones as a learning tool. The company launched its mobile application to make education more accessible, particularly for French-speaking students aged 10 to 25.
The company provides a free educational mobile app that is also accessible offline, ensuring access regardless of internet connectivity. The content, covering over 400 diplomas from primary school to higher education (Bac+3), is developed by more than 350 teachers from the French National Education system. The platform includes interactive quizzes, mini-lessons, corrected exercises, summary sheets, and podcasts to make learning engaging. Nomad Education utilizes artificial intelligence and machine learning to create personalized learning paths for users based on their performance and needs.
Operating on a freemium business model, Nomad Education generates revenue primarily by connecting its user base with over 350 higher education institutions and companies for recruitment and marketing purposes, which finances the free content. A premium subscription, Nomad+, was introduced in 2021, offering advanced features and is projected to constitute 25% of turnover by 2025. The company reported revenues of 3 million euros in 2020 and 4 million euros in 2021. The platform serves millions of users annually across France and 29 countries in Francophone Africa.
Nomad Education is a certified B Corporation and has been recognized as a mission-driven company. It is a laureate of the French Tech 2030 program, identifying it as a strategic emerging player responding to major societal challenges. The company has also received support from Bpifrance through the i-Nov innovation competition for its AI-driven project.
Keywords: EdTech, mobile learning, offline education, French-speaking countries, Francophonie, personalized learning, K-12 education, higher education, adaptive learning, AI in education, freemium model, social impact, B Corp, academic support, test preparation, student recruitment, digital curriculum, gamification, educational content, remote learning, Francophone Africa