NovoEd

NovoEd

NovoEd is a program delivery platform, founded by Stanford University professor Amin Saberi and PhD student Farnaz Ronaghi, that partners with training firms, corporations, educational institutes and foundations to provide blended learning solutions.

NovoEd is a collaborative learning platform allowing organizations to design and deliver entrepreneurial and business cloud-based learning. The platform develops teach programs offering practice, application, coaching, mentorship and group collaboration. Through NovoEd, corporations can train employees, partners, customers and students. The system is designed to help students improve their group learning skills, like team management, their ability to negotiate, their understanding of a role in a team, leadership skills, and communication skills.

History

Launched originally as Venture Lab, NovoEd rebranded to its present name in 2013. Students view lecture videos on the platform as individuals, but students can also collaborate in small teams and submit assignments with classmates.

Investors include Costanoa Venture Capital and Stanford University. NovoEd customers use the platform to create and host a mix of paid and free courses in a variety of topics, such as entrepreneurship, finance, business strategy, design & creativity, and humanities. In the beginning, NovoEd mainly offered courses from Stanford University but has now evolved to become a program delivery platform. Some of Novoed’s customers include, Comcast, IDEO, Nestle and Unilever.

In 2018, Devonshire Investors acquired NovoEd to help grow NovoEd in the corporate and executive education markets. These growth initiatives include investment in product innovation, talent acquisition and expansion of customer support and services.

Timeline

April 29, 2020

NovoEd Announces Acquisition by Devonshire Investors to Accelerate Expansion of Learning Delivery Platform

June 2, 2014

NovoEd raises a $4,800,000 series A round from StartX and Costanoa Venture Capital.

Funding rounds

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2 Results
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People

Name
Role
LinkedIn

Bob Cronin

Vice President, Strategic Accounts

Bob Indihar

Vice President, Sales

Charlie Chung

Vice President, Business Development

Daniel Ferketa

Vice President, Engineering

Farnaz Ronaghi

Co-Founder, Chief Technology Officer

Ilbret Andrade

Vice President, Finance and Operations

Lory Pilchik

Chief Marketing Officer

Mike Straus

Vice President, Product Management

Scott Kinney

Chief Executive Officer, Chairman of the Board

Stefanie Stevens

Vice President, Customer Experience

Further reading

Title
Author
Link
Type
Date

Stanford's NovoEd Brings Collaboration And Group Learning To MOOCs To Help Fight Attrition

Rip Empson

Web

April 16, 2013

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References

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