hilokal
Latest round
- Seed
Last raised
- May 2022
Total raised
- $0.1M
Investors
- 4
About hilokal
Founded in 2020 and headquartered in Seoul, South Korea, hilokal operates as a language exchange platform., KUKBO Design, and The Invention Lab.Hilokal specializes in a language exchange platform that facilitates free speaking practice among users globally. The core product offering is a mobile application that connects users seeking to improve their language skills with native speakers, enabling real-time conversations and cultural exchanges. This service aims to address the challenges of language learning by providing practical speaking opportunities, thus enhancing the users' fluency and confidence. The application is designed for a diverse client base, including language learners, travelers, and expatriates, with a particular focus on English, Korean, Spanish, and several other languages.Hilokal generates revenue primarily through a freemium model, where the basic services are offered for free while premium features may require a subscription. Users can engage in language exchanges without charge, but there are options for enhanced capabilities such as personalized tutoring or advanced learning resources that come at a cost. The company may establish partnerships with educational institutions or language schools, allowing these entities to utilize the Hilokal platform as part of their curriculum. The company plans to introduce new product offerings aimed at enhancing user engagement and expanding its service capabilities. Furthermore, hilokal is targeting expansion into new markets, particularly in regions where language learning demand is growing, although specific regions and timelines for this expansion were not disclosed.
Who invested in hilokal
4 investors across 2 rounds
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Questions about hilokal
Who invested in hilokal?
hilokal has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has hilokal raised?
hilokal has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did hilokal last raise money?
hilokal's most recent round on record is a Seed, in May 2022.
What does hilokal do?
Founded in 2020 and headquartered in Seoul, South Korea, hilokal operates as a language exchange platform.
Where is hilokal headquartered?
hilokal is headquartered in Seoul, South Korea.
Which VCs invest in companies like hilokal?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back internet companies at hilokal's stage. Their profiles are linked below.
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