What is Lingo Live?
Lingo Live specializes in equipping employees of global enterprises with fluency in English and other foreign languages through interactive, one-on-one video lessons conducted by native instructors. Headquartered in San Francisco, CA, the company leverages technology to deliver scalable and effective language learning solutions tailored to the professional development needs of its corporate clientele. The company's approach focuses on practical communication skills essential for international business operations.
How much funding has Lingo Live raised?
Lingo Live has raised a total of $6.7M across 4 funding rounds:
Other Financing Round
$40K
Other Financing Round
$1.1M
Series A
$5.2M
Debt
$350K
Other Financing Round (2014): $40K with participation from Entrepreneurs Roundtable Accelerator
Other Financing Round (2015): $1.1M led by Entrepreneurs Roundtable Accelerator, Compound, and Alpine Meridian Ventures
Series A (2017): $5.2M supported by Owl Ventures, Fresco Capital, Alpine Meridian Ventures, and Entrepreneurs Expansion Fund
Debt (2020): $350K featuring PPP
Key Investors in Lingo Live
Owl Ventures
Owl Ventures is a global leader in education technology investing, focusing on innovative solutions that enhance learning experiences and support workforce upskilling.
Fresco Capital
Fresco Capital is an investment firm that supports companies in various sectors, including technology and education, with a focus on growth and market expansion.
Alpine Meridian Ventures
Alpine Meridian is an advisory and investment firm specializing in technology sectors, assisting early-stage companies in developing digital strategies and securing capital for growth.
What's next for Lingo Live?
The recent major strategic investment in Lingo Live signals a phase of accelerated growth and market expansion. This capital infusion is expected to fuel further development of its learning platform, enhance its instructor network, and broaden its reach to more multinational corporations seeking to improve their workforce's linguistic capabilities. Lingo Live is poised to solidify its leadership in the corporate language education technology space, capitalizing on the increasing demand for cross-cultural communication proficiency in the global economy.
See full Lingo Live company page
