LOS ANGELES, April 06, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- IBN, a multifaceted communications organization engaged in connecting companies to the investment community, is pleased to announce the release of the latest episode of The Bell2Bell Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels.
The Bell2Bell Podcast delivers informative updates and exclusive interviews with executives operating in fast-moving industries. Bell2Bell’s latest podcast features Elnaz Sarraf, Founder & CEO of ROYBI, the creator of children’s intelligent educational robots and digital content.
To begin the interview, Sarraf discussed her motivation for founding ROYBI.
“Before ROYBI, I spent 5-6 years with my first company, iBaby, which had baby monitors. I spent a lot of time with parents, getting to know their needs and pain points,” Sarraf said. “Education has always been something that would come up. They were even asking about educational lullabies for babies. From that point, I developed a huge passion for technology and education. So, I decided to start my new journey by founding a technology company that implements educational content.
“Long story short, we did a lot of research in the market beginning in 2017. Finally, we came up with the idea for ROYBI Robot, an educational robot for kids ages 3-7. We focus on language learning, vocabulary acquisition and communication skills. We started the company in 2019, and we are now available in major retail stores. We also have some pilot programs with schools. I would say ROYBI really started as a passion, and we are also really focused on the impact of our work on children’s lives.”
Sarraf then examined some of the key challenges presented in developing ROYBI and provided insight into how the company overcame them.
“When you found a startup company, you face different kinds of challenges every day. We went into manufacturing at the end of 2019, and, by the time we launched the product in 2020, we hit the pandemic. Everything with the supply chain and manufacturing went crazy and caused so many other issues,” Sarraf explained. “Aside from that, in the beginning, fundraising was the biggest challenge. ROYBI Robot is a complicated product. It has voice-recognition technology, a hardware component and many other things that made it difficult to convince investors that this product is needed. We finally built a semi-functional prototype to show investors. This helped us raise $4.2 million in our seed round in 2019.”
Join IBN’s Jonathan Keim and Bell2Bell’s latest guest to learn more about how ROYBI is using artificial intelligence and machine learning to enhance the learning experience for children.
To hear the episode and subscribe for future podcasts, visit https://podcast.bell2bell.com.
The latest installment of The Bell2Bell Podcast continues to reinforce IBN’s commitment to the expansion of its robust network of brands, client partners, followers, and the growing IBN Podcast Series. For more than 17 years, IBN has leveraged this commitment to provide unparalleled distribution and corporate messaging solutions to 500+ public and private companies.
To learn more about IBN’s achievements and milestones via a visual timeline, visit: https://IBN.fm/TimeLine
About ROYBI
ROYBI’s mission is to create the ultimate virtual platform providing one-to-many educational impact for students of all ages. The company’s products and services include its educational robot and digital content for children. At the same time, RoybiVerse will offer the digital experience through various content for all age groups, K-12 to college-level skills. The company expects to grow quickly as it finalizes world-class partnerships. The partnerships will bring users a wealth of knowledge, content and experience unlike any other platform. Whether learning on robots or the metaverse, ROYBI aims to ensure that learning continues anywhere at any time. For more information, visit the company’s website at www.ROYBIRobot.com
About IBN
IBN consists of financial brands introduced to the investment public over the course of 17+ years. With IBN, we have amassed a collective audience of millions of social media followers. These distinctive investor brands aim to fulfill the unique needs of a growing base of client-partners. IBN will continue to expand our branded network of highly influential properties, leveraging the knowledge and energy of specialized teams of experts to serve our increasingly diversified list of clients.
Through our Dynamic Brand Portfolio (DBP), IBN provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) Press Release Enhancement to ensure maximum impact; (4) full-scale distribution to a growing social media audience; (5) a full array of corporate communications solutions; and (6) total news coverage solutions.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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