We're super excited to add another world changing company to the StartFast Fund II portfolio!
CodeCombat teaches kids 6-16 to code while playing online games. Students learn naturally through gameplay and progress at their own pace through increasingly sophisticated levels, eventually creating their own games and websites.
CodeCombat is CEO and Co-Founder Nick Winter’s second startup. His first, Skritter, became the number one platform for learning to write in Chinese characters. We are believers in Nick’s mission to inspire a generation of young people to learn how to code, an increasingly crucial skill in the age of AI. The company has attracted top investors, including Andreessen Horowitz and Y Combinator.
The upcoming launch of CodeCombat Worlds on Roblox in August holds the potential to create new and exponential growth opportunities. Roblox is a $2.29 billion online game platform that allows users to program their own games and play games created by other users. Roblox' CEO, David Baszucki, contracted with CodeCombat to reimagine how its under-16 users would create their games within the Roblox experience.
We are impressed by how this team has persevered and adapted to thrive in difficult market conditions. At the beginning of the COVID-19 pandemic, Nick moved the company out of its San Francisco headquarters and drove the business to profitability. The founders have continued to innovate, positioning the company to take advantage of an asymmetric opportunity. These are the hallmarks of winning teams and part of the reason StartFast has joined other CodeCombat investors in a $2 million round aimed at developing both its new Roblox game and an upcoming generative AI product.