We've been ranked 39th out of #150 in Europe's Leading Start-up Hubs by Financial Times, Statista, and Sifted We've been ranked 39th out of #150 in Europe's Leading Start-up Hubs by Financial Times, Statista, and Sifted
We've been ranked 39th out of #150 in Europe's Leading Start-up Hubs by Financial Times, Statista, and Sifted We've been ranked 39th out of #150 in Europe's Leading Start-up Hubs by Financial Times, Statista, and Sifted

Case Study: Readmio’s Journey with Rubik Scale to USA Accelerator (2024)

In 2024, Readmio, an innovative ed-tech startup, joined the Rubik Scale to USA Accelerator as part of its cohort. Co-founder Ilya Novodvorskiy participated in the program’s highly impactful immersion trip to two of the most prominent entrepreneurial ecosystems in the United States: San Francisco (Palo Alto and Silicon Valley) and Austin.

About Readmio

Readmio is a cutting-edge educational platform that leverages voice recognition technology to transform storytelling into an immersive experience. The problem they address is critical:
 
  • Children today face passive and superficial entertainment.
  • Parents are spending less quality time with their kids.
  • The prevalence of excessive screen time and visual stimuli has led to a decline in attention spans.

 

Readmio counters these challenges by:

  • Offering interactive and educational entertainment that supports mental development.
  • Fostering stronger parent-child bonds through shared storytelling experiences.
  • Engaging children with interactive narratives that combine fun and learning.

Achievements During the Accelerator

The Rubik Scale to USA program played a pivotal role in accelerating Readmio’s growth. According to Ilya:

“Rubik Hub facilitated amazing connections and great pitch nights in the US. You feel like you’re getting a year’s worth of progress done in just a matter of days.”

Highlights of their achievements include:

 

  • Networking Success: At the program’s pitch events, Ilya met key collaborators, including a strategic partner and a prominent angel investor.
  • Revenue Growth: Since joining the accelerator, Readmio achieved a milestone by breaking even. Over the past three months, they reported an impressive 20% month-over-month growth in revenue.
  • Financial Metrics:
    • Annual Recurring Revenue (ARR) for 2024 is projected at €575,000.
    • Monthly Recurring Revenue (MRR) stands at €65,000, with a consistent 20% MoM growth.

Highlights of the USA Immersion Trip

The USA immersion trip was transformative for Readmio, offering unparalleled opportunities to connect, pitch, and grow:

 

  1. Ecosystem Insights:
    • Exposure to fast-paced U.S. markets where connections and deals happen rapidly.
  2. Strategic Growth Opportunities:
    • Pitching to U.S.-based angel investors.
    • Establishing partnerships that laid the groundwork for revenue expansion and broader market reach
  3. Pitch Success:
  • At the Second Pitch Event in Palo Alto on February 29, 2024, Readmio was voted Best Startup by the Jury
  • At the Last Pitch Event in Austin on March 6, 2024, they received the Cohort Award Winner title.
  •  

According to Ilya:

“The highlight was meeting key figures in the US who facilitated opportunities in investment, partnerships, and overall revenue growth. It opened our eyes to how much faster things happen in the US.”

Why Ilya Recommends Rubik Scale to USA

For Ilya, the Rubik Scale to USA accelerator is more than just a program—it’s a transformative experience:

 

  • Learning by Doing: “It’s such a great experience to dip your toes in the water and see what it’s like to communicate with people and make connections.”
  • Supportive Network: “Having the Rubik Hub team’s support, along with insights from other founders, is incredibly valuable and something every startup founder would cherish.”

Apply to Rubik Scale to USA 2025

If you’re a founder of a pre-Series A startup with proven traction in Europe, the Rubik Scale to USA accelerator offers a unique opportunity to expand to the U.S. market.

 

  • Three Key Benefits of our Equity-Free Accelerator:
    • Exclusive access to resources, mentorship, and US-based strategic connections.
    • An immersion trip to New York City, where you’ll connect with key investors and partners.
    • A minimum investment opportunity of €150,000 from Fortech Investments.

 

Learn more and apply now to be part of our 2025 cohort.

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