What is Verbling?
Verbling offers a modern platform for language learning through video chat with native, verified teachers across over 70 languages. With a community of more than 2,000 expert tutors, the service provides flexible scheduling and affordable lessons tailored to individual needs. It caters to both individual learners and companies seeking group language training. Verbling aims to make language learning accessible and effective for everyone, allowing users to learn at their own pace and on their own schedule. The company operates within the burgeoning EdTech market, leveraging technology to bridge geographical gaps and provide personalized educational experiences.
How much funding has Verbling raised?
Verbling has raised a total of $3.7M across 2 funding rounds:
Angel/Seed
$1M
Series A
$2.7M
Angel/Seed (2013): $1M with participation from Meck Investments, SV Angel, FundersClub, Learn Capital, Kevin Moore, Hydrazine Capital, Y Combinator, Start Fund, Inspovation, Rothenberg Ventures, DFJ, and Ace & Company
Series A (2014): $2.7M led by Bullpen Capital, Hydrazine Capital, Draper Fisher Jurvetson (DFJ), Rich Nelson, Peter Livingston, Canyon Creek Capital, Joshua Schachter, Daniel Curran, Payam Zamani, John Stockdale, and One Planet Ops
Key Investors in Verbling
Bullpen Capital
Bullpen Capital is a venture capital fund that specializes in investing post-seed capital into early-stage companies that have identified a special product-market fit but are often overlooked. They focus on helping these businesses grow and thrive.
Draper Fisher Jurvetson (DFJ)
Draper Fisher Jurvetson is a leading venture capital firm with a global presence, dedicated to identifying and funding extraordinary entrepreneurs anywhere who are determined to change the world. They back companies across many sectors, including industry-changing catalysts.
Canyon Creek Capital
Canyon Creek Capital focuses on building innovative companies alongside exceptional entrepreneurs, aiming to maximize flexibility and returns for its investors. They target clients looking for strategic partnerships and investment opportunities.
What's next for Verbling?
The recent major strategic investment signals Verbling's transition into a scaling phase, likely focusing on enhancing its technological infrastructure, expanding its tutor network, and increasing its market penetration in key international regions. Future growth may involve deeper integration of AI for personalized learning paths, development of new course offerings, and strategic partnerships with educational institutions or corporations. The company's ability to attract significant backing indicates strong investor confidence in its business model and its potential to disrupt traditional language education.
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