# Xeropan International Kft.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xeropan-international-kft

- Industry: Software
- Headquarters: Debrecen, Hungary
- Website: www.xeropan.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Aug 15, 2018)
- Investors on record: 1

## About

Xeropan International Kft. is an EdTech company specializing in innovative language learning solutions, offering a dynamic platform that enhances language acquisition through interactive AI-powered lessons and targeted content across various proficiency levels.Founded in 2011 and headquartered in Debrecen, Hungary, Xeropan International Kft. provides a comprehensive language learning platform. The company has undergone strategic pivots to enhance its offerings, focusing on interactive and tailored language education. Attila AlGharawi, who also serves as CEO, is the founder. In August 2018, the company raised USD 0.48 mn in Seed funding from Hiventures, marking a significant step in its growth journey. The total amount raised by the company to date is USD 0.48 mn, following a single funding round.Xeropan offers an innovative language learning platform primarily focused on English, Spanish, French, German, and Hungarian. The core service includes AI-powered interactive lessons that cater to learners at various proficiency levels, from beginners to advanced users aiming for professional fluency. The platform features specialized courses in sectors such as Business, IT, Legal, and Medical, providing tailored content that enhances vocabulary and speaking skills through real-life simulations. With over 3 million users, Xeropan serves a diverse clientele that includes individual learners, educational institutions, and corporate organizations aiming to improve language skills in their workforce. The services are available in multiple geographical markets, notably in North America, Europe, and Asia, which positions Xeropan as a global player in the EdTech sector.For the year 2023, Xeropan reported a revenue of USD 1,212,361.50 and an EBITDA of USD 237,022.80. Revenue is generated primarily through subscription-based models designed for both individual users and organizations. Customers can opt for different subscription tiers, including a PRO version that offers unlimited access to learning materials without advertisements and enhanced customer support. Educational institutions can integrate Xeropan’s services into their curricula, often benefiting from partnerships that provide discounted rates or unique modules tailored to specific educational needs. This transactional relationship allows Xeropan to establish a steady revenue stream from both B2C and B2B sectors, demonstrating the versatility and demand for its language learning solutions.Xeropan plans to leverage its recent Seed funding of USD 0.48 mn raised in August 2018 to expand its product offerings and enhance its platform. Upcoming new products are in the design phase, aimed at introducing additional languages and specialized courses tailored to different professional sectors. The company is targeting expansion into more diverse markets, particularly in Asia and North America, by the end of 2024, to reach a broader audience and increase its user base.

## Funding rounds

- Seed, Aug 15, 2018, $0.5M — Hiventures

## Investors

- Hiventures (https://capitalatlas.ai/funds/hiventures) — Seed