# Myngle

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

- Industry: Education/Training
- Headquarters: Amsterdam, Netherlands
- Website: www.myngle.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Mar 1, 2008)
- Investors on record: 1

## About

Myngle is an online language learning platform that provides innovative solutions for enhancing language proficiency through virtual and blended courses, tailored for diverse organizational contexts.Myngle, founded in 2007 in Amsterdam, Netherlands, specializes in online language learning solutions. The company was established by Danilo D. and Marina Tognetti, who have experience in the education and language sectors. In March 2009, Myngle raised EUR 1.00 mn in a VENTURE DEBT funding round from Rabobank Group, bringing the total amount raised to EUR 1.10 mn.Myngle specializes in online language learning solutions designed to enhance language proficiency across diverse organizational contexts. Their core offerings include virtual, blended, and e-learning courses, leveraging a combination of human-centered training and advanced digital technology to foster learner engagement. The company serves individual learners and corporate teams, providing tailored training programs that address specific language skill requirements. Myngle’s products are available to clients in Europe, North America, and Asia, contributing to the global enhancement of language capabilities since 2007.The revenue structure of Myngle is primarily derived from business-to-business (B2B) transactions, where organizations partner with the company to deliver language training solutions. Clients engage in subscription-based arrangements for courses designed to meet various language learning objectives. Myngle offers different pricing plans that reflect the scope and scale of services, including options for virtual, in-person, and blended learning formats. Their flagship services, such as the AI Learning Hub and Myngle Talk, are tailored to enhance learning experiences, reinforcing client commitment to ongoing language development initiatives.Myngle plans to utilize the recent funding from Rabobank to enhance its product offerings and expand its market presence. Key initiatives include the development of new language learning products scheduled for launch in 2024, along with targeted expansion into emerging markets in Asia and South America by the end of 2025. The funding will support these strategic initiatives, enabling Myngle to broaden its reach and improve its technological capabilities.

## Funding rounds

- Seed, Mar 1, 2008, $1.1M — henQ

## Investors

- henQ (https://capitalatlas.ai/funds/henq) — Seed