Hopscotch is an educational app that teaches kids how to code so they can create and play their own games. Hopscotch founder Samantha John came to Shark Tank for funding for her education platform, and asked Shark for $400,000 for 4% equity.
The Hopscotch platform teaches coding to kids, as the upcoming future is going to be technology. There are all the new technology will be made through coding.
If humans want to survive in the feature, then it is very important for them to come to coding, because without coding no work can be done.
There are many parents who make their kids start learning programming from their childhood so that they can improve their life.
It becomes a huge task for every parent to make their child learn coding at a young age. Because coding is not an easy education.
Coding is such a thing that if there is no interest in it then it is difficult to learn it. This is a big problem in today’s society, programming is seen from such a perspective that it is the most difficult task.
Hopscotch provides its own education platform to teach coding to children at a young age. Using this platform, children can easily develop their own games for coding.
Samantha John and Jocelyn Leavitt do a lot of research on different ideas, once they came up with the idea of creating a coding platform for kids.
Everyone should know to program because there are many companies that are based on programming like Amazon, Google, etc. According to Steve Jobs, “everyone should know programming because it enhances the power of thinking”. Keeping this in mind, Samantha and Jocelyn started this Hopscotch Technologies.
What Is Hopscotch?
Hopscotch is a visual programming device developed by Hopscotch Technologies so that kids can develop their own projects or games.
Hopscotch offers kids a free iOS app whose UI is quite simple. Kids can use their thinking power to create games through animations and Drag & Drop.
After developing the game it can be played with family and friends.
Hopscotch App makes coding very easy for kids, It has very nice colorful graphics and a user-friendly interface that makes coding easy.
After opening this app, there are many different types of characters, monsters, and animals and customized commands Which are used to move the characters.
All this coding will be done through drag-and-drop, in which it is necessary for kids to have the knowledge to control this app.
The Hopscotch app is designed for kids ages 9 to 16 only, but adults can enjoy this coding game.
Hopscotch for Educators:
Educators are not required to learn coding to teach students. Because Hopscotch provides a free relationship plan in which educators are told.
When kids drag and drop blocks to make a game, then a script is created in the background which runs the game. In 2022 this learning platform has been developed only for iPad & iPhone users.
Hopscotch Shark Tank Update
|Product||Through the Education App|
|Asked For||$400k for 4% Equity|
|Final Deal||$400k for 11% Equity|
|Episode (Shark Tank USA)||S12 E15|
|Air Date||February 26, 2021|
|Business Status||In Business|
|Headquarters||Brooklyn, New York, United States|
|Lifetime Worth (Sales)||$6.2M *estimated|
|Go To Amazon||Buy Now|
|Watch On||Amazon Prime|
Another Shark Tank Pitch
Who Is The Founder Of Hopscotch?
The Co-Founder of Hopscotch Technology is Samantha John and the Co-Founder and CEO of the company are Jocelyn Leavitt. Samantha comes from a programming background and Jocelyn comes from a business background.
Samantha John did her Bachelor’s degree in Mathematics from Columbia University in the City of New York.
She was an Entrepreneur in Residence in the YouWeb Incubator for 1 year. Worked as a programmer in Pivotal Labs for 1 year.
After leaving her job, she started building Hopscotch Technologies in 2012.
Samantha has also received “30 Most Important Women Under 30 in Tech”, “Silicon Alley 100”, and “28 Extraordinary Women in New York Tech” Awards.
Jocelyn Leavitt earned her bachelor’s degree from Dartmouth College. Completed MBA degree in Finance at Columbia Business School.
At the beginning of her job career, she worked as an intern. She was a history teacher for 1 year at The Island School and The Dalton School.
She was an associate at the Los Angeles base, Kennedy Wilson. Was Principal at Greencastle Partners for 4 years.
Since 2015, she is also the Advisory Board of NYC Tech Talent Pipeline as well as the CEO & Co-Founder of Hopscotch Technologies.
Hopscotch Technologies Before Shark Tank
Hopscotch Kids Coding Learning App by Hopscotch Technologies was developed in 2012. However, this app was launched for the first time in 2013 for iPad users.
Gradually, seeing the popularity of this coding learning app, it was also developed for iPhone users.
A year after the app was launched, almost 2.5 million projects were created, according to Glamour Magazine.
In 2014, the founder of this innovative startup has also been included in the list of “35 Women Under 35 Who Are Changing the Tech Industry”.
Talking about its price, it gives free access in the first week, after that it charges $9.99 free for every month and $80 for the year.
Hopscotch Technologies is built and maintained by a small team. Apart from Samantha and Jocelyn, Yuanyuan Zhao, Tracey Le, Andrew Tetlaw, and Jesse Squires are included in this team.
There are already many projects on this platform through a small Coder.
They have a drawing game which became quite popular, in this game the user can draw. This game was made 5 years ago, and so far it has been played 2.2 million times.
In 2013, the company raised its first round of venture capital. After that raised in the second round in 2015.
Did Hopscotch Get a Deal on Shark Tank?
Samantha John came to Shark Tank to fund her EdTech startup and asked Shark for $400,000 for 4% equity. The pitch of Samantha in Shark Tank was very good, she was able to put her point well in front of the shark.
Samantha talks about all the problems that led to the start of this startup and also its sales report.
Hopscotch was launched in 2012 and completed 20,000 downloads from Appstore in its first week.
Its current revenue model is a subscription, apart from this the users who download the game have been monetized.
In 2020, there are 200k active users every month on this platform. In 2015, it had grown active users on the platform and it was coming to 400k active users per month.
The subscription model they have is still profitable. The subscription model currently has 6,200 subscribers.
Daymond John says that investing in this business is too dangerous for me, so I am out.
Lori Greiner says that I know how to grow this business so I am out of it.
Kevin O’Leary and Barbara Corcoran also refused to invest in this business.
Mark says that he is a fan of this app because his kids have been using this app for a long time. Mark made his offer of $400,000 for 16% equity. Their reason for making this offer is because there is a lot of work left to do.
Samantha counter-offers to Mark $600k for 10% equity but Mark said I am out of this deal but you have one more chance.
Samantha made a 2nd counter offer to Mark for $600k for 10% equity, Mark countered for $500k for 11% equity, and Samantha made another counter offer of $550k for 11% equity mark calling this offer yes.
What Happened To Hopscotch After Shark Tank?
When Hopscotch’s Shark Tank episode was released, it was covered by many news magazines, including The New York Times, Wired, The Wall Street Journal, Fast Company, etc.
It has got many awards so far, this includes parents magazine awards, Child Technology Review, Parent’s Choice, and ADS All Digital School.
When this episode aired, the download of this layering app got a 500% boost in the Appstore, most of the people used to use its free version.
This July 2022, she opened her merchant store, in which children’s clothes and accessories, etc. are sold.
It is the company’s plan that they will launch the Game Developer Workshop Level 1, in which coding knowledge can be given to the kids. By July 2022, the company’s annual revenue has reached $5 million.
How is Hopscotch Technologies going?
Hopscotch Technologies is doing very well in 2022, its popularity is growing very fast. There are many parents who are giving their children a subscription to this platform.
This code learning app has completed 24 million downloads in the current time and 36 million games have been created on this platform.
This EdTech startup currently runs on the subscription model, their subscription model comes with different types of packages.
|1 Year Subscription with a free trial||$79.99|
Right now this platform is developed only for iPhone and iPad users which is a premium and limited user base.
To grow this business, you should switch your coding learning platform to WebApp and Android also.
Most people use WebApp and Android, if this startup takes its product on both these platforms, then there is more chance of its growth and rapid growth.
The user interface of this app is quite simple, it can be easily understood by any child. In this, it is necessary for parents to have knowledge of it before teaching coding to children.
What Is The Hopscotch Net Worth?
According to some reports, this startup did a revenue projection of $3 million in 2021. In 2022, it has completed annual revenue of about $5 million. Accordingly, this Hopscotch Worth can be $3 million.
Is Hopscotch Still In Business?
The mission of this product is to provide knowledge of coding to children before they go to school and college.
Programming is such a thing that the power of thinking increases a lot. With this coding, the mental development of children will also be done well.
Its new version 3.49.0 has been launched, in which drag-and-drop containers can be edited.
Yes, Hopscotch is still in business as of December 2022.