Language Learning Platform Fluentify Takes In $410K Angel Investment

Funding Rounds

▤ Summary

Another point of difference it flags up is that all conversations take place over fluentify’s own platform, with no other videoconferencing tech pulled into the mix. What really separates fluentify from Verbling or Italki is that our tutors are not only teachers of English but also working professionals in their fields (bankers, web developers, musicians, etc.). Users don’t need to download any software or switch to other videoconferencing platform (such as Skype or google handouts) as they must do with our competitors. The vetting procedure is extended via an ongoing user feedback system aimed at keeping quality levels up. The startup, co-founded by three Italian entrepreneurs Giacomo Moiso, Andrea Passadori, Matteo Avalle & Claudio Bosco, says it plans to use the funding for new hires and to concentrate on perfecting the service in Southern Europe, where it’s had some early traction, before scaling more widely.

$ Funding

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Amount $410.0K Total raised
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Date March 31, 2014 Announcement date
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Investors Ozie Group LLC, Fluentify Lead investors
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Company http://www.fluentify.com Funded company

▥ Classifications

industries
Fintech & Banking
applications
Collaboration & Communication

◇ AskAI Classifications

Labels
e-learning software language learning software SaaS

▦ Linked Companies

Fluentify
$1M to $5M