About Slang App
Slang App is a company based in Bogota (Colombia) founded in 2013.. Slang App has raised $14 million across 2 funding rounds from investors including Inter-American Development Bank, DILA Capital and ALIVE Ventures. Slang App operates in a competitive market with competitors including Voxy, Babbel, Rosetta Stone, NovaKid and Memrise, among others.
- Headquarter Bogota, Colombia
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14 M (USD)
in 2 rounds
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Latest Funding Round
$14 M (USD), Series A
Dec 20, 2021
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Investors
Inter-American Development Bank
& 6 more
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Employee Count
Employee Count
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Funding Insights of Slang App
Slang App has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $14 million completed in December 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 2
- Last Round Series A — $14.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Slang App | Valuation | DILA Capital , ALIVE Ventures | |
| Jun, 2019 | Amount | Seed - Slang App | Valuation |
investors |
| 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 Slang App
Slang App has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Inter-American Development Bank, DILA Capital and ALIVE Ventures. 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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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Investments in tech startups are managed by Roble Ventures.
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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 Slang App
| 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 - Slang App
| 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 |
Slang App Comparisons
Competitors of Slang App
Slang App 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 Voxy, Babbel, Rosetta Stone, NovaKid and Memrise, 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 |
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 |
Online tutoring platform providing English lessons to kids
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| domain | founded_year | HQ Location |
Languages are learned via crowdsourced content on an online 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 Slang App
Frequently Asked Questions about Slang App
When was Slang App founded?
Slang App was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Where is Slang App located?
Slang App is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
Is Slang App a funded company?
Slang App is a funded company, having raised a total of $14M across 2 funding rounds to date.
What does Slang App do?
Slang App was founded in 2013 in Bogota, Colombia, within the edtech sector. Online SaaS platforms and mobile applications are utilized to deliver English language learning services. Personalized and adaptive learning experiences are created based on user-input data. The app supports both Android and iOS devices, enabling access across various geographies. Operations focus on scalable digital tools for language education.
Who are the top competitors of Slang App?
Who are Slang App's investors?
Slang App has 7 investors. Key investors include Inter-American Development Bank, DILA Capital, ALIVE Ventures, Roble Ventures, and Salesforce Ventures.