# Lingoda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lingoda

- Industry: Education/Training
- Headquarters: Berlin, Germany
- Website: www.lingoda.com
- Total disclosed funding: $70M
- Latest round: Series B (Apr 1, 2021)
- Investors on record: 7

## About

Lingoda GmbH is an online language school providing structured courses in various languages, including English, German, French, Spanish, and Italian, through interactive live classes with native teachers.Founded in 2012 and headquartered in Berlin, Germany, Lingoda GmbH operates as an independent language education provider. The company was co-founded by Fabian Wunderlich and Felix Wunderlich, and its CEO is Dominic Rowell. Lingoda has completed a total of 4 deals, with its most recent funding round being a Series B in April 2021, where it raised EUR 57 million from lead investor Summit Partners. The company has raised a total of EUR 57 million, and its current valuation stands at EUR 731.01 million.Lingoda offers comprehensive online language courses tailored to various learning needs across multiple languages, such as English, German, French, Spanish, and Italian. Their curriculum is delivered through live classes, available in both group and private formats, focusing on interactive learning with native-level teachers. Each class accommodates a maximum of five students, ensuring personalized attention. Lingoda also provides a digital study area with practice tools including flashcards and quizzes, enabling flexible engagement with the material.In the most recent fiscal year, 2022, Lingoda generated revenue of EUR 36,487,610.40, with reported EBITDA of EUR -418,824.80.Following its Series B funding round in April 2021, Lingoda GmbH plans to utilize the EUR 57 million raised to expand into new markets and enhance its live classroom experiences. The company is focusing on increasing its presence in North America, Europe, and Asia, aiming to accelerate its growth trajectory and introduce new products designed for diverse learner needs.

## Funding rounds

- Series B, Apr 1, 2021, $67M — Summit Partners
- Series B, Feb 17, 2015, $2.9M — Novel TMT Ventures, pd ventures, F2 Venture Capital, Mountain Internet
- Seed, Mar 9, 2014 — German Startups Group
- Seed, Jun 24, 2013 — Global Founders Capital

## Investors

- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- German Startups Group (https://capitalatlas.ai/funds/german-startups-group) — Seed
- Novel TMT Ventures (https://capitalatlas.ai/funds/novel-tmt-ventures) — Series B
- pd ventures (https://capitalatlas.ai/funds/pd-ventures) — Series B
- F2 Venture Capital (https://capitalatlas.ai/funds/f2-venture-capital) — Series B
- Mountain Internet — Series B
- Summit Partners (https://capitalatlas.ai/funds/summit-partners) — Series B