About Italki
Italki is a company based in Shanghai (China) founded in 2007.. Italki has raised $3.15 million across 3 funding rounds from investors including Hujiang. Italki has completed 1 acquisition, including Lingbe. Italki operates in a competitive market with competitors including Tandem, Busuu, Speak, Lingoda and Verbling, among others.
- Headquarter Shanghai, China
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Sectors
Education
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Phone
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Website
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Social
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Funding Insights of Italki
Italki has successfully raised a total of $3.15M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in June 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $3.0M
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First Round
First Round
(29 Apr 2009)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Series A - Italki | Valuation | Hujiang |
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| Aug, 2012 | Amount | Angel Round - Italki | Valuation |
investors |
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| Apr, 2009 | Amount | Angel Round - Italki | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Italki
Italki has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Hujiang. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Provider of language learning solutions
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Italki
Italki has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Lingbe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Language practice is enabled via connections with native speakers.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Italki
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Italki Comparisons
Competitors of Italki
Italki operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tandem, Busuu, Speak, Lingoda and Verbling, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A language learning app facilitating user-driven conversation exchanges.
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| domain | founded_year | HQ Location |
Social networking for language learning is enabled via mobile platform.
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| domain | founded_year | HQ Location |
Speak is recognized as an AI-driven language learning application.
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| domain | founded_year | HQ Location |
Online language tutoring is delivered via native speakers.
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| domain | founded_year | HQ Location |
Offering solutions for live video language learning
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| domain | founded_year | HQ Location |
Multiple languages are taught via online SaaS and app platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Italki
Frequently Asked Questions about Italki
When was Italki founded?
Italki was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Italki located?
Italki is headquartered in Shanghai, China.
Is Italki a funded company?
Italki is a funded company, having raised a total of $3.15M across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $150K, raised on Apr 29, 2009.
What does Italki do?
Italki was founded in 2007 by American and Chinese entrepreneurs as an online platform in the language education sector. Users are matched with teachers worldwide based on schedules, budgets, and learning preferences to support language fluency. The company is registered in Hong Kong, with its development center located in Shanghai, China. Operations focus on facilitating personalized virtual tutoring sessions across various languages.
How many acquisitions has Italki made?
Italki has made 1 acquisition, including Lingbe.
Who are Italki's investors?
Italki has 1 investor. Key investors include Hujiang.