Codédex Update - April 2025

Fundraise wrap up! The hockey stick growth continues. 🏒

Author

Sonny Li
May 13, 2025

Hi Codédex Investor community,

Apologies for the late investor update! It’s been another busy month.

We reached $60K MR and our numbers continue to climb. We’ve also officially signed an NDA with Microsoft/GitHub for a multi-partnership deal. 😮

Let’s get into it.

Fundraise Wrap Up

We’ve secured $1.3M+ in commitments and are wrapping up this round without a formal lead. With more capital coming in, I’m shifting my focus back to building. Our goal is to reach profitability within 2-3 months as we roll out major product & curriculum updates (our v1.0 essentially), solidifying Codédex as a world-class brand.

Q1 Update Video

Taking a page from The Browser Company and our favorite creators, we’re leaning more into long-form videos. While we’ve cracked short-form, long-form content lets us build a deeper connection with our community – taking them behind the scenes of our startup journey and giving them a chance to get to know the team better.

Our 24-hour image carousel showcasing a day in the life of four team members (Naomi, Asiqur, Lil, and myself) was a massive hit. So let’s give ’em more of this!

Key Metrics (MoM)

  • Total Registered Users: 628,087 (+25%)

  • MAU: 141,660 (-9%)

  • MRR: $36,082 (+45%)

  • MR: $59,699 (+29%)

Run Rate (with GitHub deal): $796,388 🔥

Note: Codédex Club is $12.99/month. On track to reach $70-75K MR in May!

Hockey Stick Growth Continues…

We’ve been riding a hockey stick growth curve for the past 3-4 months. And May’s already shaping up to continue the trend. LFG! 🆙

Total Registered Users

Stripe Data (not including PayPal)

April Highlights

Curriculum

Product (Eng & Design)

  • 🐣 Revamped #30NitesOfCode (see below).

  • 🏷️ Shipped feedback tags for Project Reviews.

  • 🖼️ Shipped CSS and JavaScript course headers.

  • 🧾 Added receipts in Settings > Billings.

  • 🧹 Shipped 42 papercuts & fixed 28 bug reports.

Marketing & Community

Others

  • 🎯 Finalized Q2 OKRs.

  • 📈 Got to page 1 in “learn to code” Google query.

  • 🧑🏾‍💻 Hired Yakin as a Project Reviewer (contractor).

  • 🗽 Two teammates (Eric and Colin) visited the office for the first time.

  • 😱 Three users reached Platinum rank (level 16) on Codédex!

#30NitesOfCode Revamp

We originally launched this feature in March 2024, and since then, over 42,000 users have adopted a pet, with the #30NitesOfCode hashtag generating more than 18,400 tweets! But it was due for a major redesign. Our goal? To clear up common confusion while making the habit-building experience more immersive, fun, and effective.

Here are the main updates:

Here’s a deep dive Introducing the New #30NitesOfCode blog post (by Jackie)!

Lowlights

Our IT costs have climbed thanks to skyrocketing traffic... growth comes at a price.

Here are our top 5 bills in April, ranked:

  1. ☁️ Google Cloud: $19,137

  2. 🚀 Vercel: $7,463

  3. 📊 Amplitude: $3,429

  4. 🤖 OpenAI: $2,878

  5. 💌 Mailchimp: $1,976

Good problems to have. We’ve met with the Google, Vercel, Amplitude teams, and kicked off Firebase optimizations to tighten expenses without sacrificing performance.

Customer Quotes

Final Note

Wow. Of the 14 categories on YC's Request for Startups list, two focus on education: “AI Personal Tutor for Everyone” and “The Future of Education.” Who would’ve thought? Education is hot again, now that the final puzzle piece has fallen into place.

But after a decade in this space, here’s what YC (and most of the industry) overlooks:

The next big disruption in education won’t be a chatbot or an adaptive course; it’ll be a platform built in the intersection of education / multiplayer / gamification, with AI tutors and personalization layered on top.

That’s where the real magic happens. And that’s where we’re planting our flag.

One step at a time. We are SO close to profitability, and are focused on getting there by Codédex’s 3rd birthday. Let’s throw a party if we do. 🎈

- Sonny

P.S. Sharing a great recap from the iconic Jony Ive at Stripe Sessions 2025, reminding us to reintroduce joy and humor into the products we build: