Codelicious Secures Nearly $1M in Funding
INDIANAPOLIS - An Indianapolis-based computer science curriculum startup has closed on a new round of funding. Codelicious has secured $940,000 in funding, nearly double its goal of $500,000. The company says it will use the money to scale up sales and marketing efforts, build out intellectual property and add critical personnel, though specific jobs numbers were not given.
Codelicious develops computer science curricula for teachers in grades 3-8. The company says its platform helps teachers build their coding skills while doing the same for their students. Codelicious offers its platform through a "Curriculum-as-a-Service" subscription model and currently has private, charter, and public schools among its clientele with more in the works.
"At Codelicious, we are creating access and removing barriers to teaching and learning computer science," said Christine McDonnell, chief executive officer of Codelicious. "We believe in the importance of building foundational skills early to prepare the workforce of tomorrow. This belief drives our focus to develop courses that any educator can confidently teach, regardless of their computer science background and that engages students of all learning styles."
The funding round included investments from Collina Ventures, GRE Capital and Elevate Ventures, among others. Elevate Ventures CEO Chris LaMothe calls Codelicious a "rare opportunity."
"The startup is poised to impact not only the state's current entrepreneurial ecosystem but also its future one," said LaMothe. "Through the platform, students are better poised to fill high-demand tech positions and perhaps build their own future startups here in Indiana. Our decision to invest in Codelicious’ long-term goals is validated by the state’s and Governor Holcomb’s priorities to focus on the growth of our talent."
McDonnell appeared on our special all-women's edition of Inside INdiana Business with Gerry Dick earlier this year to talk about the company. You can view that interview by clicking the link below: