We hope you will be as happy as we are to hear that we’ve been running a successful investment funding campaign on Crowdcube. With just eight days left of our campaign we are confident that we will raise the £150,000 we aimed to. This additional round of funding will allow us to take Lingos to the next level. We have developed Lingos to enable teachers to upload and sell digital courses (more on this soon!).
With this extra capital we are all set to launch our next promotion phase of language teachers and their digital courses in the very near future.
Why not be inspired by Lingos and watch our pitch to investors here:
Basically, Lingos has a simple mission:
To enable language learners around the world to learn directly from language teachers through online courses and private lessons.
We’ve already taken our first steps in this process by building Lingos.co where language teachers can register, create a profile, be verified, advertise availability, manage students bookings and payments..whilst language learners can register to easily find a language teacher to suit them for lessons online or in-person nearby.
Lingos recruited 2,417 teachers and acquired 2,695 learners in 2014.
Moving forward it is our aim to build:
The ultimate digital platform and language teaching resource for language teachers to empower language teachers in finding and managing new students incl. bookings and payments AND in creating and selling digital language lessons to language students around the world.
Teachers are evidently key to Lingos.co – we wish to create platform which helps language teachers manage and build on their role as a language teacher in order that to extend their reach, in terms of finding new language students and using their expertise in teaching to create digital lessons which can be sold infinitely around the world.
According to a new Ambient Insight report, the global market for language learning is $56billion of this $1.8bn comes from digital and $33.7bn from offline English learning; non-English learning contributes $1.1bn from digital and $19.7bn from offline.
The trend for language learning is distinctly shifting towards digital and mobile learning. At $1.12bn, the investments made to learning technology companies across the planet in the first quarter of 2015 were the highest for a single quarter in the history of the learning technology industry .
However, because the vast majority of language learning still takes place offline, Lingos has ensured that our platform allows language learners to find teachers and take lessons with them face-to-face as well as online.
(source: Ambient Insight whitepaper, “Q1 2015 Global Analysis of Learning Technology Investment Patterns.”)