About Mondly
Mondly is a company based in Brasov (Romania) founded in 2013 by Tudor Iliescu and Alexandru Iliescu was acquired by Pearson in April 2022.. Mondly operates in a competitive market with competitors including Gymglish, OckyPocky, HelloTalk, Speakly and Hello English, among others.
- Headquarter Brasov, Romania
- Founders Tudor Iliescu, Alexandru Iliescu
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Sectors
Media & EntertainmentEducation 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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Software Development Team
2 people
VR Team
2 people
Human Resources and Administration
1 people
Full Team
1 people
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Funding Insights of Mondly
| 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 Mondly
Mondly has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Pearson. 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 evidence-based learning products and solutions for learners and educators
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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 Mondly
| 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 - Mondly
| 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 |
Mondly Comparisons
Competitors of Mondly
Mondly 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 Gymglish, OckyPocky, HelloTalk, Speakly and Hello English, 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 |
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| domain | founded_year | HQ Location |
Adaptive English lessons are delivered via daily emails.
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| domain | founded_year | HQ Location |
Vernacular-based English learning app for preschool kids is provided.
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| domain | founded_year | HQ Location |
Language learning is enabled through a peer-to-peer mobile app.
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| domain | founded_year | HQ Location |
Online language learning resources are provided via spaced repetition.
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| domain | founded_year | HQ Location |
Provider of English language learning solutions
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| domain | founded_year | HQ Location |
Collaborative language learning is facilitated online through reading and listening.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Mondly
Frequently Asked Questions about Mondly
When was Mondly founded?
Mondly was founded in 2013.
Where is Mondly located?
Mondly is headquartered in Brasov, Romania. It is registered at Brasov, Brasov, Romania.
Who is the current CEO of Mondly?
Alexandru Iliescu is the current CEO of Mondly. They have also founded this company.
What does Mondly do?
Mondly is an app-based platform that offers audio-visual language learning courses in 30 languages. Each course teaches 5K words phrases with over 100 hours of learning split into 500 interactive lessons. Also contains exercises aimed to develop listening, speaking, reading, and writing skills. Uses speech recognition technology to correct pronunciation. Also offers VR-based apps for language learning. The apps are available for iOS Android platform. Claims to have over 25 million users.
Who are the top competitors of Mondly?
Mondly's top competitors include OckyPocky, Hello English and Gymglish.
Who are Mondly's investors?
Mondly has 1 investor. Key investors include Pearson.
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