Episode 137: Founder and CEO of Roybi, Elnaz Sarraf talks about launching an ed-tech company from lean years to raising a 4.2 million seed round. Guest Biography 14 years ago, Elnaz Sarraf moved to the US from Iran. From a very young age, her parents made sure that she learned to paint, speak English, play music, and even how to assemble a computer. Her diverse education sparked her interest in both the arts and technology. In Iran, she majored in fine arts and software engineering at the Science and Technology University in Tehran. Before ROYBI, she co-founded and led a consumer electronics company, iBaby, serving as the company's President launching into more than 5,000 storefronts globally and making the baby monitors one of the most coveted products. As an immigrant and a female founder, Elnaz has received honors including being selected as NASDAQ Entrepreneurial Center Milestone Maker 2018, named the Woman of Influence through Silicon Valley Business Journal in 2016, and Entrepreneur of The Year in 2016 in Silicon Valley. She has been a speaker at Mobile World Congress, ASU GSV Summit, SXSW, and is on the board of Consumer Technology Association, Small Business Council, the producer of CES. In this episode, you'll learn: How Elnaz built an education technology company from the ground up in less than 3 years. The amazing story of raising significant money from investors with just an early prototype. The importance of making a positive impact on the world by helping children. Show notes: http://www.inspiredmoney.fm/137 Find more from our guest: www.roybirobot.com LinkedIn facebook Instagram Mentioned in this episode: Roybi Robot on Digital Trends Time for Kids Cover Story CNBC One of the World's Most Promising Startups 2-XL Robot Inspired Money ep 101 - Thousands of Meaningful Conversations with Engel Jones Runnymede Money Tip of the Week Build your kids’ money skills while they’re home from school Thanks for Listening! To share your thoughts: Leave a note in the comment section below. Share this show on Twitter or Facebook. Join us at the Inspired Money Makers groups at facebook and LinkedIn To help out the show: Write a review at Podchaser! Reviews4Good: Every Review & Reply on Podchaser sends 25 cents to Meals on Wheels Leave an honest review on Apple Podcasts. Your ratings and reviews really help, and I read each one. Email me your address, and I'll mail you an autographed copy of Kimo West and Ken Emerson's CD, Slackers in Paradise. Subscribe on Apple Podcasts. Special thanks to Jim Kimo West for the music.
This is a fun interview today. Meet Elnaz Sarraf, creator of Roybi Robot A revolutionary play-based learning smart toy, that uses facial recognition and emotion detection, teaching a variety of subjects, including math, science, English, geography, and more. It comes with 70,000 words and 50+ languages, delivering personalized content to children (ages 3-7) based on their pace and interests.
Elnaz has a great story of how she created this amazing company and product. For more information on Roybi go to www.RoybiRobot.com
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On today's show, we sit down with Elnaz Sarraf, who is a serial entrepreneur with over 15 years of experience in technology, business, sales, and marketing. She is currently the CEO and Founder of ROYBI; an investor backed EdTech company focusing on early childhood education, that recently raised $4.2 million in its seed round. Before starting ROYBI, Elnaz co-founded and led a consumer electronics/IoT company, iBaby, serving as the company's President. As an immigrant and female founder, Elnaz has made worthy accomplishments in a short duration living in the US. Honors include being selected as Nasdaq Entrepreneurial Center Milestone Maker 2018, named the Woman of Influence through Silicon Valley Business Journal in 2016 and Entrepreneur of The Year in 2016 in Silicon Valley. She has been a speaker at several conferences such as the Mobile World Congress, ASU GSV Summit, Consumer Technology Association, and more. In this episode, you’ll learn:How many pitch events or investor meeting might it take to raise capital?What is it like to raise $4.2 million on just an idea?Growing a hardware company, what are the struggles one might have to face?What are some of the limits to Artificial Intelligence and how the collection of data help improve user experiences?HELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!Tweet your comments about this episode directly to Shawn Flynn and the rest of The Investor’s Podcast Community using #TIPSiliconValley.BOOKS AND RESOURCESDownload your free audiobook at Audible.Find the best job candidate at Ziprecruiter.Capital One. This is Banking Reimagined.Roybi websiteElnaz Sarraf on LinkedInEmail Elnaz SarrafCapital One. This is Banking Reimagined.Experience a real estate investing platform that is powered by an investor-first model with Fundrise. Make your money work harder with Wealthsimple.Affordable, private online counseling. Anytime, anywhere with Betterhelp.GET IN TOUCH WITH SHAWNShawn Flynn’s Twitter AccountShawn Flynn’s LinkedIn AccountSilicon Valley LinkedIn Group AccountShawn Flynn’s Facebook AccountEmail: Shawn@TheInvestorsPodcast.com