ARLINGTON, Va. – April 28, 2021 – SmartGurlz, makers of programmable robots, apps, and action dolls, as well as the Smart Buddies educational program, has conducted a successful investment crowdfunding campaign on the WeFunder platform, raising more than $357,000. That campaign will close soon, leaving limited time for interested investors to get involved.
Founded by a woman of color, SmartGurlz is a fast-growing company that has generated $2M in revenue to date in its quest to teach coding to kids, with a specific focus on girls and kids of color.
As seen on Shark Tank and in coverage from ABC, CNN, Forbes, and the Financial Times, SmartGurlz makes programmable robots and action dolls that reflect a diverse society and help teach kids coding skills. SmartGurlz has also released Smart Buddies, a coding kit for schools that covers fundamental coding concepts and also contains a literacy component and materials covering social-emotional learning and STEM career paths.
SmartGurlz has earned the confidence of investors from Morgan Stanly as well as New York University’s Impact Investment Fund (NIIF). NIIF invests in enterprises that will make a lasting social impact, and in July 2020, NYU announced that SmartGurlz had beaten competitors to win a $25,000 investment from that fund.
SmartGurlz and NYU have also partnered to apply for a $3M Department of Defense (DoD) STEM grant, and they recently learned they are shortlisted for that grant.
“This program would educate thousands of military kids from DoD-heavy communities including Arlington, VA, San Diego, and New York, says co-founder and CEO Sharmi Albrechtsen. “The project is very exciting and could open up new opportunities with military schools and communities and would include the sale of 2,200 Smart Buddies robots.”
Designed to address kids’ preferred learning styles and brain function, the Smart Buddies digital learning program is poised to capture a share of the $40 billion ed-tech market, which has been experiencing double digit growth for over 10 years, with the coding robot segment being one of the strongest.
“Unfortunately,” says Albrechtsen, “most companies have developed product based on the stereotype that coding is for boys and with no recognition for the severe under-representation of women and minorities in that field. SmartGurlz and Smart Buddies address this opportunity.”
For more information, please visit the SmartGurlz WeFunder page.
A minority- and female-owned digital learning company, SmartGurlz offers a line of award-winning robots, apps, and action dolls, as well as Smart Buddies, a coding kit for schools or at-home learning. The SmartGurlz team includes a former vice president of Hasbro, executive vice president of LeapFrog, and host of MythBusters.
Company Name: SmartGurlz
Contact Person: Sharmi Albrechtsen
Email: Send Email
Address:2221 South Clark Street
State: VA 22202
Country: United States