![]() Patel said, Helping businesses avoid whats known in the field of learning and development as linguistic debt, is becoming more important in a globalized economy. While LingoLive does most of its business by training learners who are non-native English speakers, it also offers courses in French, Japanese, Mandarin, Portuguese and Spanish. The company has: grown revenue 20% month over month consecutively since launching in 2014 trained 180 coaches to teach language using a proprietary, task-based curriculum and attained a student satisfaction rate just over 98 percent across the board. Owl Ventures Partner Amit Patel said his firm backed LingoLive after seeing some impressive metrics. Prior to raising their Series A, LingoLive raised $1 million in seed funding and participated in the Entrepreneurs Roundtable accelerator in New York where its company is now headquartered. ![]() The investors represent a mix of edtech-focused and enterprise software-focused firms. Owl Ventures led the investment in Lingo Live joined by the companys earlier backers Entrepreneurs Expansion Fund, Alpine Meridian Ventures, and Fresco Capital. Companies pay Lingo Liveper employee, and usually sign their people up for six to twelve months of courses, Muse says, though it is possible to sign up an employee for a one-month brush-up. The startups platform works on desktop or mobile, and allows learners to meet their coaches online for scheduled live sessions any time they want. You elect skills you are looking to develop, whether its writing more concise emails or delivering a great public speech. Its also around your learning style, your goals, the specific English skills you need to develop, and the times you want to study with a person who has the right expertise. Heres how it works, Muse says, We match students to coaches around more than just language. Today, New York-based LingoLive works with clients ranging from Eventbrite, to Twitter and Holiday Inn. ![]() Now, LingoLive has closed a $5.2 million Series A round of venture funding to grow its marketplace of language coaches for high-potential professionals. Lingo Liveis out to help workers develop the polish and communications skills they need to progress to leadership roles in their careers. Most language learning apps, even tutoring platforms, can only help students gain basic proficiency in a non-native language, Muse says. But the CEO of Lingo Live, Tyler Muse, asserts its not possible to become fluent at a professional level without human teachers in the picture and task-based lessons. The rise of social media and smartphones inspired a new wave of language learning apps like Duolingo, OKPanda, or Lingua.ly, to name a few. ![]() About … icon-addNote android4 Answer apple4 icon-appStoreEN icon-appStoreES icon-appStorePT icon-appStoreRU Imported Layers Copy 7 icon-arrow-spined icon-ask icon-attention icon-bubble-blue icon-bubble-red ButtonError ButtonLoader ButtonOk icon-cake icon-camera icon-card-add icon-card-calendar icon-card-remove icon-card-sort chrome-extension-ru chrome-extension-es-mx chrome-extension-pt-br chrome-extension-ru comment comment icon-cop-cut icon-cop-star Cross Dislike icon-editPen icon-entrance icon-errorBig facebook facebook-logo flag flag_vector icon-globe google-logo icon-googlePlayEN icon-googlePlayRU icon-greyLoader icon-cake Heart 4EB021E9-B441-4209-A542-9E882D3252DE Created with sketchtool.Tech startups have tried to make language learning possible without human tutors since way back in the 90s when CD-ROMs and Rosetta Stone were state-of-the-art.
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