Lingo Live, a Brooklyn, NY-based education technology startup, raised $5.2m in Series A funding.
The round was led by Owl Ventures, with participation from existing investors Alpine Meridian Ventures, Fresco Capital, and Entrepreneurs Expansion Fund.
The company plans to use the funds to build tools for employees of all skill levels, including native English speakers, to learn topics ranging from public speaking to active listening, impromptu speech, and effective email composition and to continue to develop its proprietary algorithm which pairs coaches to students based on the student’s needs and goals.
Led by founder and CEO Tyler Muse, Lingo Live provides businesses with a platform to train their employees to improve their English communication skills via coaches, who are available 24/7 and trained on a proprietary Task Based Learning methodology, which focuses on the cultural and communication skills employees need to be more confident and productive in their job.
The platform, which is available in seven languages, can be deployed to employees throughout the globe and reporting dashboards allow Training & Development professionals to measure progress and engagement across their organization.
Customers include Twitter, Holiday Inn and Eventbrite, among other Silicon Valley household names.
FinSMEs
13/01/2017