Tandem Language Interact
Latest round
- Series A
Last raised
- Jul 2020
Total raised
- $8.1M
Investors
- 10
About Tandem Language Interact
Founded in 2015 in Germany, Tandem Language Interact enables users to learn languages through conversation with partners worldwide.Tandem offers a language exchange app that connects users from around the globe to facilitate language learning through real-time conversation. The platform allows users to find partners based on language preferences, location, and shared interests, enabling them to practice languages such as English, Spanish, German, and many others. The app includes various communication features, including text messaging, voice notes, and video calls, supplemented by in-app language tools for correction and translation, enhancing the user experience.Tandem generates revenue through a freemium model that encourages users to download the app and engage with its core functionalities for free. Users can opt for premium subscriptions, unlocking additional features such as unlimited messaging, advanced filtering options for partner searches, and enhanced language tools. The subscription structure includes monthly and annual pricing plans, catering to a diverse customer base ranging from casual learners to dedicated language enthusiasts. With a focus on direct-to-consumer transactions, Tandem capitalizes on user engagement to drive revenue from premium services while fostering a robust community of language learners. Moreover, the company aims to increase its presence in North America and Asia by targeting the launch of localized versions of the app by 2022, catering to the specific needs of learners in these regions.
Who invested in Tandem Language Interact
10 investors across 4 rounds
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Questions about Tandem Language Interact
Who invested in Tandem Language Interact?
Tandem Language Interact has 10 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tandem Language Interact raised?
Tandem Language Interact has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Tandem Language Interact last raise money?
Tandem Language Interact's most recent round on record is a Series A, in Jul 2020.
What does Tandem Language Interact do?
Founded in 2015 in Germany, Tandem Language Interact enables users to learn languages through conversation with partners worldwide.
Where is Tandem Language Interact headquartered?
Tandem Language Interact is headquartered in Germany.
Which VCs invest in companies like Tandem Language Interact?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back education/training companies at Tandem Language Interact's stage. Their profiles are linked below.
VCs backing education/training startups at Series A
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