No Isolation AS

No Isolation AS develops innovative telepresence solutions designed to combat school absenteeism, enabling students with long-term illnesses to actively participate in educational environments remotely with the help of telepresence robots. Founded in 2015, No Isolation AS is based in Oslo, Norway. The company specializes in telepresence technology to support students facing significant barriers to education, such as chronic illness. Co-founded by Karen Dolva and Matias Doyle, the company has raised NOK 40 million in its latest funding round, Series A, on December 13, 2018, attracting investments from DNB Asset Management, Idekapital, and MP Pensjon.

To date, No Isolation has successfully completed 5 funding deals. No Isolation's primary product offering is the AV1 telepresence robot, which allows students to attend classes remotely, thereby ensuring educational engagement and social inclusion. The AV1 robots are used in primary and secondary schools in various countries including Sweden, Germany, and the UK. The company also provides resources, training, and support to assist educational institutions in integrating the technology effectively.

In the most recent financial year of 2023, No Isolation reported a revenue of NOK 4,290,939. 60 and an EBITDA of NOK -1,098,284. 20, reflecting their operational performance within the educational technology sector. No Isolation AS plans to enhance its product lineup with new features for the AV1 robot, aiming for a launch by the end of 2024.

Additionally, the company seeks to expand its market presence in France and the Netherlands, targeting entry by mid-2025. The NOK 40 million raised in the Series A funding round will support product development and market expansion initiatives.