Toucan Technologies

SoftwareSeedLos Angeles, USjointoucan.com

Latest round

Seed

Last raised

Apr 2021

Total raised

$7.5M

Investors

17

About Toucan Technologies

Toucan Technologies, Inc.Founded in 2019 in Los Angeles, US, Toucan Technologies, Inc. provides a unique language learning solution via its browser extension. The company was co-founded by Brandon Dietz, Paul Murphy, Shaun Merritt, and Taylor Nieman.Toucan offers a unique language learning solution through its free browser extension, which integrates language acquisition into the user's everyday internet browsing experience. The core functionality allows users to see instant translations of words and phrases in their target language while browsing the web, promoting immersive learning. The platform also includes interactive quizzes and games that enhance users' language skills, appealing to various proficiency levels.Toucan operates primarily through a direct-to-consumer model, generating revenue from its language learning services. The company employs a freemium model, providing basic functionality for free while offering premium features through subscription plans. Users engage with the platform by installing the extension and selecting their preferred language, allowing for seamless integration into online activities.In September 2023, Babbel GmbH, a portfolio company of NGP Capital and REV Venture Partners, acquired Toucan Technologies, Inc. The acquisition aims to expand its market reach with the browser extension.

Who invested in Toucan Technologies

17 investors across 2 rounds

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Funding rounds

  1. Seed

    Apr 27, 2021

    Amount

    $4.5M

    Investors

    Locked

  2. Seed

    Sep 11, 2020

    Amount

    $3M

    Investors

    Locked

Questions about Toucan Technologies

Who invested in Toucan Technologies?

Toucan Technologies has 17 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 Toucan Technologies raised?

Toucan Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Toucan Technologies last raise money?

Toucan Technologies's most recent round on record is a Seed, in Apr 2021.

What does Toucan Technologies do?

Toucan Technologies is a software company.

Where is Toucan Technologies headquartered?

Toucan Technologies is headquartered in Los Angeles, US.

Which VCs invest in companies like Toucan Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Toucan Technologies's stage. Their profiles are linked below.

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