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LingoAce

From EverybodyWiki Bios & Wiki


LingoAce
Private
ISIN🆔
IndustryEdTech
Founded 📆2017[1]
Founder 👔Hugh Yao[2]
Headquarters 🏙️,
Singapore[3]
Area served 🗺️
Worldwide
Key people
Hugh Yao (Founder and CEO)[4][5][6]
Products 📟 Online Multilingual Education
Members
Number of employees
4,000+[7][8]
🌐 Websitehttps://www.lingoace.com/
📇 Address
📞 telephone

LingoAce is an educational technology company based in Singapore, established in 2017 by Hugh Yao.[9][10][11][12][13] The company specializes in providing language education services for Mandarin Chinese and English, catering to children between the ages of three and fifteen.[9][10][11][14][15][16][17][18]

History

LingoAce was founded by Hugh Yao in 2017 in Singapore.[11][19][20]

LingoAce has raised funding, reaching a total of US$180 million. In 2021, the company secured an investment of US$160 million through Series B and C funding rounds, with leading venture capital firms.[9][10][17][21][22][23]

In 2022, LingoAce announced the appointment of Jeremy Lin as its Global Brand Ambassador. Jeremy Lin, a former Asian-American basketball player and NBA championship winner, joined the company to serve in this ambassadorial role.[11][24][25]

The company has also established partnerships with several organizations, including Zoom Video Communications.[9][18][26]

The company earned recognition by being included in the GSV EdTech 150, a list highlighting leading companies in the education technology sector.[20][27][28][29][30]

LingoAce has achieved recognition for its achievements, receiving the Singapore SME100 Award for Fast Moving Companies.[31]

Products and services

LingoAce offers a comprehensive and interactive language learning experience that incorporates live coaching, games, and animation. The company leverages communication-enabling technologies such as Zoom Video Technology to enhance their platform. In 2022, LingoAce introduced English Live, a program taught by English language instructors following the Common European Framework of Reference (CEFR) for Languages standard.[12][18][32][33][34]

In Singapore, LingoAce implements a blended curriculum that combines online and in-person learning for their Chinese language program. This program has received certification from the Ministry of Education in Singapore.[14][16] LingoAce's Chinese language teachers are equipped with the necessary accreditation to teach Chinese to non-native speakers and may hold teaching certifications issued by the Chinese Ministry of Education.[16][35]

References

  1. ↑ "Sequoia-Backed LingoAce Seeking $200 Million in New Funds, Sources Say". bloomberg.com.
  2. ↑ "How LingoAce makes learning Chinese fun and effective for children: Startup Stories". kr-asia.com.
  3. ↑ "Sequoia-Backed LingoAce Seeking $200 Million in New Funds, Sources Say". bloomberg.com.
  4. ↑ "Singapore-based edtech company LingoAce Gets $160M in Fresh Funding". thesiliconreview.net.
  5. ↑ "LingoAce Appoints Chief Product Officer to Advance Online K-12 Language Learning Offerings and Capabilities". linkedin.com.
  6. ↑ "Here are the top 15 start-ups to work for in Singapore, according to LinkedIn". cnbc.com.
  7. ↑ "Sequoia-Backed LingoAce Seeking $200 Million in New Funds, Sources Say". bloomberg.com.
  8. ↑ "LINGOACE RAISES $160 MILLION IN NEW FUNDING AMIDST RAPID GLOBAL EXPANSION" (PDF). lingoace.com.
  9. ↑ 9.0 9.1 9.2 9.3 "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2023-06-22.
  10. ↑ 10.0 10.1 10.2 "Chinese Language Learning Platform LingoAce Raises $6M in Series A+ Round - EdTechReview". 2020-11-10. Retrieved 2023-06-22.
  11. ↑ 11.0 11.1 11.2 11.3 "Sequoia-Backed LingoAce Seeking $200 Million in New Funds, Sources Say". Bloomberg.com. 2022-10-10. Retrieved 2023-06-22.
  12. ↑ 12.0 12.1 "Entrepreneur builds business out of teaching his kid Chinese, now Sequoia and Tiger Global are backing it". Entrepreneur builds business out of teaching his kid Chinese, now Sequoia and Tiger Global are backing it. 1975-10-27.
  13. ↑ "How LingoAce makes learning Chinese fun and effective for children: Startup Stories". KrASIA. 2020-11-21. Retrieved 2023-06-22.
  14. ↑ 14.0 14.1 Yong, Yimie (2023-01-18). "Singapore's LingoAce aims to open a world of opportunities for children through tech-enabled, immersive learning [Q&A]". TechNode Global. Retrieved 2023-06-22.
  15. ↑ Chiang, Sheila (2022-05-11). "Why Chinese learning edtech LingoAce put its eggs in the English basket". The Ken Southeast Asia. Retrieved 2023-06-22.
  16. ↑ 16.0 16.1 16.2 antaranews.com (2022-05-31). "Pentingnya belajar bahasa Inggris sejak dini". Antara News. Retrieved 2023-06-22.
  17. ↑ 17.0 17.1 "Chinese language-learning app LingoAce chalks up US$105 million in new funding". South China Morning Post. 2021-12-03. Retrieved 2023-06-22.
  18. ↑ 18.0 18.1 18.2 Daud, Dafizeck (2022-04-08). "LingoAce Launches English Live For Young Students". SME & Entrepreneurship Magazine. Retrieved 2023-06-22.
  19. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2023-06-22.
  20. ↑ 20.0 20.1 Lee, Loraine (2022-02-10). "His son struggled with Chinese, so he built a S'pore edtech firm that makes learning fun for kids". Vulcan Post. Retrieved 2023-06-22.
  21. ↑ FinSMEs (2021-12-06). "LingoAce Raises $160M in Funding". FinSMEs. Retrieved 2023-06-22.
  22. ↑ Sainul. "Interactive learning platform LingoAce nabs US$160M to scale its teams in US, Europe, SEA". e27. Retrieved 2023-06-22.
  23. ↑ Anderson, Dan (2021-12-14). "Education Tech Company LingoAce Raises $160 Million". Pulse 2.0. Retrieved 2023-06-22.
  24. ↑ "Basketball star Jeremy Lin named LingoAce ambassador". thepienews.com. 2022-05-23. Retrieved 2023-06-22.
  25. ↑ Olanday, Clifford. "Basketball Superstar Jeremy Lin Champions Equitable Access to Education and Opportunities". Tatler Asia. Retrieved 2023-06-22.
  26. ↑ Writer, Staff (2022-06-10). "Zooming in on LingoAce's digital refresh". Frontier Enterprise. Retrieved 2023-06-22.
  27. ↑ Primasiwi, Andika (2022-01-19). "LingoAce Terpilih sebagai GSV EdTech 150 - Suara Merdeka". LingoAce (in Bahasa Indonesia). Retrieved 2023-06-22.
  28. ↑ Redaksi. "Majalah ICT – LingoAce Terpilih sebagai GSV EdTech 150" (in Bahasa Indonesia). Retrieved 2023-06-22.
  29. ↑ ?? (2022-01-19). "??????????LingoAce ??GSV EdTech 150?????". www.163.com. Retrieved 2023-06-22.
  30. ↑ "Merevolusi Dunia Pendidikan, LingoAce Masuk Daftar GSV EdTech 150 - Semua Halaman - Info Komputer". infokomputer.grid.id (in Bahasa Indonesia). Retrieved 2023-06-22.
  31. ↑ Ady (2022-05-06). "Raih Penghargaan, LingoAce Dipercaya Bantu Anak Belajar Mandarin". Retrieved 2023-06-22.
  32. ↑ Che, Chang (2022-01-14). "LingoAce bags $100 million to teach foreigners Chinese". The China Project. Retrieved 2023-06-22.
  33. ↑ "Learning Chinese, made fun for little ones". TODAY. Retrieved 2023-06-22.
  34. ↑ "Top SE Asian Startups In 2022 - Grit Daily News". 2022-02-07. Retrieved 2023-06-22.
  35. ↑ ???. "Virtual education growing opportunity for foreign companies". global.chinadaily.com.cn. Retrieved 2023-06-22.

External links


This article "LingoAce" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:LingoAce. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.


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