provides Voxy with a $10 million credit facility
Summary
New York June 14, 2022 Espresso Capital announced today that it has provided Voxy, an innovative English training solution used successfully by hundreds of institutional clients around the world, with a $10 million credit facility. With Espressos facility, we not only have a line of credit that will grow with our business over time, weve got greater optionality as we pursue M&A targets in strategic markets and expand our presence in Europe and the Asia-Pacific region.Voxys AI-driven platform is built for scale and is facilitated by comprehensive administrative reporting dashboards and metrics. Theyve been open and honest with us from day one, have done everything they said they would, which is exactly what you want in any kind of business partner.Were excited to see Voxy position itself for continued growth with this debt facility from Espresso Capital, said Arrun Kapoor, Managing Director of SJF Ventures. Voxys comprehensive content library covers more than 45 technical and soft skill courses and 25,000+ English lessons taken from renowned resources such as the AP, the Financial Times, Bloomberg, and more. Voxy courses are accompanied by certified teachers who offer round-the-clock, remote live instruction, empowering people to improve communication, foster collaboration, and grow global businesses.
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