About Lingoda
Lingoda is a company based in Berlin (Germany) founded in 2012.. Lingoda has raised $72.2 million across 4 funding rounds from investors including ProGlove, Signavio and Mountain Partners. Lingoda operates in a competitive market with competitors including Tandem, Busuu, Speak, Verbling and Cakap, among others.
- Headquarter Berlin, Germany
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Sectors
Education
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lingoda Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72.2 M (USD)
in 4 rounds
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Latest Funding Round
$68 M (USD), Series C
Apr 15, 2021
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Investors
ProGlove
& 7 more
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Employee Count
Employee Count
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Software Development Team
25 people
Product Management Team
11 people
Senior Team
7 people
Human Resources and Administration
7 people
Data Analysis and Operations Team
7 people
Sales and Marketing
7 people
Creative and Marketing Team
6 people
Leadership Team
6 people
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Funding Insights of Lingoda
Lingoda has successfully raised a total of $72.2M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $68 million completed in April 2021. 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 4
- Last Round Series C — $68.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series C - Lingoda | Valuation | Summit Partners | |
| Apr, 2016 | Amount | Series A - Lingoda | Valuation | Mountain Partners , Grazia Equity |
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| Jun, 2015 | Amount | Seed - Lingoda | Valuation | STS Ventures |
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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 Lingoda
Lingoda has secured backing from 8 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include ProGlove, Signavio and Mountain Partners. 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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Global tech investments are made by venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital investments are made in innovative startups by Grazia Equity.
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Founded Year | Domain | Location | |
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Cologne-based early stage venture capital
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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 Lingoda
| 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 |
Financial Statements - Lingoda
| 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 |
Lingoda Comparisons
Competitors of Lingoda
Lingoda 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, Verbling and Cakap, 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 |
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 Lingoda
Frequently Asked Questions about Lingoda
When was Lingoda founded?
Lingoda was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Lingoda located?
Lingoda is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Lingoda?
Dominic Rowell is the current CEO of Lingoda.
Is Lingoda a funded company?
Lingoda is a funded company, having raised a total of $72.2M across 4 funding rounds to date.
What does Lingoda do?
Lingoda was founded in 2012 in Berlin, Germany, as an online platform for language education. Courses in English, French, German, and Spanish are taught by native speakers through audio and video sessions. Custom learning plans are created by students, who select their schedules and environments. Group and private one-on-one classes, each lasting 60 minutes, are available, along with interactive materials, videos, and completion certificates.
Who are Lingoda's investors?
Lingoda has 8 investors. Key investors include ProGlove, Signavio, Mountain Partners, Grazia Equity, and STS Ventures.
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