Lingoda, a Berlin-based online language learning school, has raised €57 million in a round led by Summit Partners and joined by existing investor Conny Boersch, founder of Mountain Partners, an early investor in Lingoda.
Lingoda plans to expand into new markets and further growth, as well as enhance its live classroom experience.
Founded in 2013, Lingoda offers live small group and private language learning courses courses covering English, German, French, and Spanish.
It claims that it teaches over 450,000 classes each year via a network of more than 1,400 native-speaking teachers. “To date, we have taught over 3 million hours of coursework to more than 70,000 students, and our community is growing daily as we continue to build our platform to serve more learners worldwide,” said Lingoda CEO Michael Shangkuan.