CodeBerry School Kft.
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CodeBerry School Kft. - overview
Established
2016
Location
Budapest, -, Hungary
Primary Industry
Internet
About
CodeBerry School Kft. is an educational platform that specializes in providing accessible programming education through interactive courses and hands-on projects, catering to a diverse global audience eager to learn coding skills. Founded in 2016 in Budapest, Hungary, CodeBerry School Kft. offers computer science education and has engaged approximately 200,000 students across 43 countries.
The company was co-founded by Ádám Freisinger and Dam Freisinger. In May 2018, CodeBerry secured a EUR 0. 23 million investment led by BaConsult, with participation from SpeedInvest. CodeBerry's core offering is an online learning platform designed to provide comprehensive computer science education.
Its interactive courses cater to both beginners and advanced learners, enabling users to acquire coding skills from the ground up. The curriculum aims to simplify the learning process and stimulate interest in technology, targeting markets in Europe, Asia, and North America. In the most recent year, 2023, CodeBerry reported revenue of EUR 159,250. 6 and an EBITDA of EUR -79,470.
8. The company generates revenue primarily through subscription-based access to its educational content, allowing users to engage via annual or monthly plans for continual learning opportunities. Following the investment in May 2018, CodeBerry School Kft. plans to leverage this funding to enhance its platform and expand its educational offerings.
The company aims to introduce new products and courses designed to address emerging technological trends. Additionally, there are plans to expand into new markets across Europe and Asia by 2025, further broadening its global reach and impact in programming education.
Current Investors
Speedinvest, STRT Holding
Primary Industry
Internet
Sub Industries
Education & Training Website, Education & Training Services, Web Applications, Education & Training Software
Website
www.codeberryschool.com
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
CodeBerry School Kft. - timeline of key events
CodeBerry School Kft. - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 10,812,125 | 34,434,426 | 52,177,223 | 83,340,682 | - | - | - |
| % Revenue Growth (YoY) | - | 218.5% | 51.5% | 59.7% | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - |
| NET Income (USD) | (16,115,000) | (18,022,000) | (19,178,000) | (112,394,000) | - | - | - |
| % Net Margin | (149.0%) | (52.3%) | (36.8%) | (134.9%) | - | - | - |
CodeBerry School Kft. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unspecified Round | Completed | CodeBerry School Kft. | - | ||||||||
| Seed | Completed | CodeBerry School Kft. | - |
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CodeBerry School Kft. - employee data
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