Novel Effect

Overview
News
EdTech: K-12?
Product stageSegments
Go-to-Market
?
Language learning and literacy tools
?

Novel Effect is a platform containing a library of family-friendly e-books and soundscapes. Using smart voice recognition, the app follows the readers’ voices as they read aloud and responds at just the right time with music, sounds, and character voices to bring stories to life, and promote literacy, imagination, and fun among children up to 12 years of age.

Novel Effect is available in three versions: free, premium (providing unlimited access for families), and premium classroom (providing unlimited access for educators). As of May 2018, the app had been downloaded more than 50,000 times and had about 10,000 active monthly users. As of December 2020, the platform hosted a library of about 750 books.

In December 2020, the company partnered with edu-tainment provider, The Jim Henson Company, to include some of Henson’s characters and books on the Novel Effect platform. Under the partnership, hundreds of titles will be added to Novel Effect’s collection, with some new books being published exclusively on the app. Besides books, the two companies are also planning to release voice-interactive television programs over streaming platforms in 2021.

HQ location:
2540 Westlake Ave N Seattle WA USA
Founded year:
2015
Employees:
11-50
IPO status:
Private
Total funding:
USD 3.1 mn
Last Funding:
-
Last valuation:
-
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