Estonian edtech startup Lingvist raises €5.1 million to scale its language learning application to many more languages

Funding Rounds

▤ Summary

In this new round, Lingvist is backed by a group of prominent investors led by the Dutch VC firm Rubio Impact Ventures, and joined by other investors like Rockaway Capital and the Tallinn-based VC firm Metaplanet Holdings, which is chaired by Skype’s co-founder, Jaan Tallinn. Lingvist is an edtech startup which set out to make language learning faster and more efficient using big data and AI. It has developed an award-winning algorithm that enables the application to swiftly customize and adapt course content to each user. Other members of the founding team include Andres Koern, Ott Jalakas and Tanel Hiir. “This funding enables Lingvist to hire a separate scientific research team to experiment with radical ideas and bring them into production.

$ Funding

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Amount $5.9M Total raised
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Date October 27, 2021 Announcement date
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Investors - Lead investors
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Company http://www.lingvist.com Funded company

▥ Classifications

industries
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applications
Data Mining

◇ AskAI Classifications

Labels
SaaS EdTech Language Learning Software

▦ Linked Companies