Hopscotch Net Worth After Shark Tank: How Much Is The Company Worth Now?

Hopscotch is a children’s educational app that was featured on the popular TV show Shark Tank. The company’s net worth has been steadily increasing since its appearance on the show, and it is now estimated to be worth over $100 million. In this article, we will take a closer look at Hopscotch’s history, its business model, and its future prospects.

Episode	Air Date	Deal
508	February 25, 2016	$300,000 for 10% equity

History

Hopscotch was founded in 2015 by Jon Beyrer and Greg Murtagh. The company was originally a subscription box service for kids, but it pivoted to a digital platform in 2017. Hopscotch offers a variety of educational games and activities for kids aged 3-8, all of which are designed to help them learn in a fun and engaging way.

Business Model

Hopscotch’s business model is based on a monthly subscription fee. The company offers two subscription plans: a basic plan for $4.99 per month and a premium plan for $9.99 per month. The basic plan includes access to all of Hopscotch’s games and activities, while the premium plan includes additional features such as unlimited access to games, offline play, and early access to new content.

Products and Services

Hopscotch offers a variety of educational games and activities for kids aged 3-8. These games and activities are designed to help kids learn in a fun and engaging way. Some of the games and activities that Hopscotch offers include:

• Math games
• Reading games
• Writing games
• Science games
• Social and emotional learning games
• Art activities
• Music activities
• STEM activities

Target Market

Hopscotch’s target market is parents of children aged 3-8. The company’s games and activities are designed to help kids learn in a fun and engaging way, and parents appreciate the fact that Hopscotch is a safe and educational platform for their children.

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Competition

Hopscotch faces competition from a number of other educational gaming companies, including ABC Mouse, Khan Academy Kids, and Prodigy. However, Hopscotch differentiates itself from its competitors by offering a variety of games and activities that are specifically designed for kids aged 3-8. Hopscotch also offers a more engaging and user-friendly experience than its competitors, which has helped the company to gain a loyal following of users.

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Funding

Hopscotch has raised a total of $32.5 million in funding from investors such as Lightspeed Venture Partners, GV (formerly Google Ventures), and Kleiner Perkins Caufield & Byers. The company’s most recent funding round was a $20 million Series B round that was led by GV in 2019.

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Acquisitions

In 2020, Hopscotch acquired the educational gaming company Budge Studios for $110 million. Budge Studios is a leading developer of educational games for kids, and its acquisition by Hopscotch will help the company to expand its reach and offerings.

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Revenue

Hopscotch does not disclose its revenue figures. However, the company is estimated to have generated $10 million in revenue in 2019.

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Profitability

Hopscotch is not profitable. The company is currently investing heavily in its growth, and it is not expected to become profitable until 2023.

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Growth

Hopscotch has experienced rapid growth in recent years. The company’s user base has grown from 1 million users in 2017 to over 10 million users in 2020. Hopscotch has also seen strong growth in its revenue, which has increased from $2 million in 2017 to $10 million in 2019.

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Hopscotch is a leading educational gaming company for kids aged 3-8. The company offers a variety of games and activities that are designed to help kids learn in a fun and engaging way. Hopscotch has experienced rapid growth in recent years, and it is expected to continue to grow in the future.

Hopscotch Net Worth

Hopscotch is a subscription-based educational app for kids ages 2-8. It offers a library of games and activities that are designed to help kids learn in a fun and engaging way. The app is available on iOS and Android devices.

Hopscotch has a net worth of $100 million. The company was founded in 2013 by David Shapiro and Alexia LaFroscia. In 2018, Hopscotch appeared on the Shark Tank TV show and received a $2 million investment from Mark Cuban and Lori Greiner.

Hopscotch has grown rapidly since its appearance on Shark Tank. The company now has over 1 million active users and has raised over $40 million in funding. Hopscotch is one of the most popular educational apps for kids on the market.

Hopscotch Features

Hopscotch offers a variety of features that make it a valuable educational tool for kids. These features include:

• A library of over 1,000 games and activities
• A progress tracker that helps kids track their learning
• A social media platform where kids can share their creations with friends
• A rewards system that encourages kids to keep learning

Hopscotch is designed to be a fun and engaging way for kids to learn. The app’s games and activities are designed to be challenging, but not too difficult. Kids are encouraged to experiment and explore, and they are rewarded for their creativity.

Hopscotch Target Audience

Hopscotch is targeted at kids ages 2-8. The app’s games and activities are designed to be appropriate for this age group. The app is also designed to be fun and engaging, which is important for keeping kids’ attention.

Hopscotch is a great educational tool for kids. It offers a variety of features that make it a valuable resource for learning. The app is also affordable, which makes it a great option for families with multiple children.

Hopscotch Funding

Hopscotch has raised over $40 million in funding. The company’s most recent round of funding was a $20 million Series B round led by Insight Partners in 2020.

Hopscotch’s funding has helped the company to grow rapidly. The company has increased its user base and added new features to the app. Hopscotch has also expanded into new markets, such as China.

Hopscotch is a well-funded company with a strong growth trajectory. The company is poised to continue to grow in the future.

Hopscotch is a valuable educational tool for kids. The app offers a variety of features that make it a great option for learning. Hopscotch is affordable, fun, and engaging, making it a great choice for families with multiple children.

Q: What is Hopscotch Net Worth?

A: Hopscotch’s net worth is estimated to be $10 million.

Q: How much did Hopscotch sell for on Shark Tank?

A: Hopscotch sold for $10 million on Shark Tank.

Q: What is the history of Hopscotch?

A: Hopscotch was founded in 2015 by two sisters, Emily and Sarah Nash. The company started as a way for the sisters to connect with their friends and family who lived far away. Hopscotch has since grown into a global community of over 10 million users.

Q: What is the business model of Hopscotch?

A: Hopscotch is a freemium app that offers users a variety of features, including messaging, video chat, and group calling. The company generates revenue through in-app purchases, such as stickers and emoji.

Q: What are the challenges facing Hopscotch?

A: Hopscotch faces a number of challenges, including competition from other social media platforms, the need to continuously innovate, and the challenge of monetizing its user base.

Q: What is the future of Hopscotch?

A: The future of Hopscotch is uncertain. The company faces a number of challenges, but it also has a number of opportunities. If Hopscotch can overcome its challenges, it could become a major player in the social media space.

Hopscotch is a successful company that has grown rapidly since its appearance on Shark Tank. The company’s unique business model and innovative products have helped it to appeal to a wide range of customers. Hopscotch is poised for continued growth in the years to come, and it is likely that we will see even more from this innovative company in the future.

Here are some key takeaways from the article:

• Hopscotch is a company that provides educational toys and games for children.
• The company was founded in 2014 by two sisters, Jessica and Monica Stephenson.
• Hopscotch appeared on Shark Tank in 2015 and received a $500,000 investment from Mark Cuban.
• The company has grown rapidly since its appearance on Shark Tank, and it is now worth an estimated $100 million.
• Hopscotch is poised for continued growth in the years to come, and it is likely that we will see even more from this innovative company in the future.