About Lingumi
Lingumi is a company based in London (United Kingdom) founded in 2015 was acquired by NovaKid in September 2024.. Lingumi has raised $7.68 million across 4 funding rounds from investors including NovaKid, LocalGlobe and Entrepreneur First. The company has 14 employees as of December 31, 2023. Lingumi operates in a competitive market with competitors including Tandem, Voxy, Babbel, Rosetta Stone and Busuu, among others.
- Headquarter London, United Kingdom
- Employees 14 as on 31 Dec, 2023
- Stage Minicorn
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Sectors
EducationConsumer Technology
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Email
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Phone
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Website
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Social
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- Legal Name Lingumi Ltd.
- Date of Incorporation 09 Nov, 2015
- Jurisdiction LONDON, UNITED KINGDOM
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Funding Insights of Lingumi
Lingumi has successfully raised a total of $7.68M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.2 million completed in January 2020. 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 A — $5.2M
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First Round
First Round
(09 Dec 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - Lingumi | Valuation | North Summit Capital | |
| Jan, 2018 | Amount | Seed - Lingumi | Valuation | Accelerated Digital Ventures | |
| Jun, 2016 | Amount | Seed - Lingumi | Valuation | LocalGlobe |
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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 Lingumi
Lingumi has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include NovaKid, LocalGlobe and Entrepreneur First. 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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Venture capital firm focused on seed-stage investments
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Founded Year | Domain | Location | |
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Provider of a program turning individuals into funded technology company founders
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Founded Year | Domain | Location | |
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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 Lingumi
| 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 - Lingumi
| 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 |
Lingumi Comparisons
Competitors of Lingumi
Lingumi 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, Voxy, Babbel, Rosetta Stone and Busuu, 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 |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
SaaS-based language learning solutions are offered through interactive courses.
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| domain | founded_year | HQ Location |
Speech-recognition technology is utilized for language learning software solutions.
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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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| 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 Lingumi
Frequently Asked Questions about Lingumi
When was Lingumi founded?
Lingumi was founded in 2015.
Where is Lingumi located?
Lingumi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Lingumi a funded company?
Lingumi is a funded company, having raised a total of $7.68M across 4 funding rounds to date. The company's 1st funding round was a Seed of $728K, raised on Dec 09, 2015.
How many employees does Lingumi have?
As of Dec 31, 2023, the latest employee count at Lingumi is 14.
What does Lingumi do?
Lingumi was established in 2015 in London, United Kingdom, within the educational technology sector. Learning cubes are supplied to interact with tablets and smartphones, enabling instruction in English sounds, words, and phrases for children aged 2 to 6. Augmented reality is employed to support tactile play-based learning. A designated box serves as a playing surface, accompanied by a stand for devices. iOS and Android applications are provided to facilitate operations.
Who are Lingumi's investors?
Lingumi has 5 investors. Key investors include NovaKid, LocalGlobe, Entrepreneur First, North Summit Capital, and Accelerated Digital Ventures.
What is Lingumi's valuation?
The valuation of Lingumi is $21.8M as of Jan 2020.