Fluentify: Difference between revisions
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Fluentify was founded in February 2013 and launched into public beta in May 2013. The same month, the company was selected to join London-based Accelerator Academy for three months of training. In March 2014, Fluentify announced that it had raised $410k in angel funding from the banker Stefano Marsaglia.<ref>{{cite news|title=Language Learning Platform Fluentify Takes In $410K Angel Investment|url=https://techcrunch.com/2014/03/31/fluentify-angel/|publisher=TechCrunch|accessdate=31 July 2014|date=31 March 2014}}</ref> Marsaglia is a prominent M&A banker, currently the co-head of corporate and investment banking at [[Mediobanca]],<ref>{{cite news|title=Mediobanca Names Barclays' Marsaglia Investment Banking Co-Head|url=https://www.bloomberg.com/news/2013-12-03/mediobanca-names-barclays-marsaglia-investment-banking-co-head.html|publisher=Bloomberg}}</ref><ref>{{cite news|title=Mediobanca hires veteran adviser to expand European operations|url=http://www.ft.com/cms/s/0/f3aff70c-5b72-11e3-a2ba-00144feabdc0.html|publisher=Financial Times}}</ref> [[Italy]]’s biggest publicly traded [[investment bank]].<ref>{{cite news|title=A little less tangled, Italian finance is at last being reshaped|url=https://www.economist.com/news/finance-and-economics/21580156-italian-finance-last-being-reshaped-little-less-tangled|publisher=The Economist}}</ref> | Fluentify was founded in February 2013 and launched into public beta in May 2013. The same month, the company was selected to join London-based Accelerator Academy for three months of training. In March 2014, Fluentify announced that it had raised $410k in angel funding from the banker Stefano Marsaglia.<ref>{{cite news|title=Language Learning Platform Fluentify Takes In $410K Angel Investment|url=https://techcrunch.com/2014/03/31/fluentify-angel/|publisher=TechCrunch|accessdate=31 July 2014|date=31 March 2014}}</ref> Marsaglia is a prominent M&A banker, currently the co-head of corporate and investment banking at [[Mediobanca]],<ref>{{cite news|title=Mediobanca Names Barclays' Marsaglia Investment Banking Co-Head|url=https://www.bloomberg.com/news/2013-12-03/mediobanca-names-barclays-marsaglia-investment-banking-co-head.html|publisher=Bloomberg}}</ref><ref>{{cite news|title=Mediobanca hires veteran adviser to expand European operations|url=http://www.ft.com/cms/s/0/f3aff70c-5b72-11e3-a2ba-00144feabdc0.html|publisher=Financial Times}}</ref> [[Italy]]’s biggest publicly traded [[investment bank]].<ref>{{cite news|title=A little less tangled, Italian finance is at last being reshaped|url=https://www.economist.com/news/finance-and-economics/21580156-italian-finance-last-being-reshaped-little-less-tangled|publisher=The Economist}}</ref> | ||
== | ==Business model== | ||
Fluentify scales by increasing the number of students and tutors and matching them with each other.<ref>{{cite news|last=Choudary|first=Sangeet|title=A Platform Thinking Approach to Innovation|url=https://www.wired.com/2014/01/platform-thinking-approach-innovation/|publisher=WIRED|date=1 August 2014}}</ref> The company claims that top tutors can earn up to £2,500 per month.<ref>{{cite web|title=Company blog - How to become a tutor|url=http://www.fluentify.com/blog/?p=97|publisher=Company blog|accessdate=1 August 2014|archive-url=https://web.archive.org/web/20151006030712/http://www.fluentify.com/blog/?p=97|archive-date=6 October 2015|url-status=dead}}</ref> | |||
== References == | == References == | ||
Revision as of 17:02, 15 June 2021
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Fluentify is an online language tutoring website. Founded in 2013 and headquartered in London, United Kingdom, the company is privately owned and operated by Fluentify LTD.[1] The platform offers online language classes with selected native speakers.
History
Fluentify was founded in February 2013 and launched into public beta in May 2013. The same month, the company was selected to join London-based Accelerator Academy for three months of training. In March 2014, Fluentify announced that it had raised $410k in angel funding from the banker Stefano Marsaglia.[2] Marsaglia is a prominent M&A banker, currently the co-head of corporate and investment banking at Mediobanca,[3][4] Italy’s biggest publicly traded investment bank.[5]
Business model
Fluentify scales by increasing the number of students and tutors and matching them with each other.[6] The company claims that top tutors can earn up to £2,500 per month.[7]
References
- ↑ "Company Overview of Fluentify LTD". Companies House UK. https://beta.companieshouse.gov.uk/company/11511871. Retrieved on 18 August 2018.
- ↑ "Language Learning Platform Fluentify Takes In $410K Angel Investment". TechCrunch. 31 March 2014. https://techcrunch.com/2014/03/31/fluentify-angel/. Retrieved on 31 July 2014.
- ↑ "Mediobanca Names Barclays' Marsaglia Investment Banking Co-Head". Bloomberg. https://www.bloomberg.com/news/2013-12-03/mediobanca-names-barclays-marsaglia-investment-banking-co-head.html.
- ↑ "Mediobanca hires veteran adviser to expand European operations". Financial Times. http://www.ft.com/cms/s/0/f3aff70c-5b72-11e3-a2ba-00144feabdc0.html.
- ↑ "A little less tangled, Italian finance is at last being reshaped". The Economist. https://www.economist.com/news/finance-and-economics/21580156-italian-finance-last-being-reshaped-little-less-tangled.
- ↑ Choudary, Sangeet (1 August 2014). "A Platform Thinking Approach to Innovation". WIRED. https://www.wired.com/2014/01/platform-thinking-approach-innovation/.
- ↑ "Company blog - How to become a tutor". Company blog. http://www.fluentify.com/blog/?p=97. Retrieved on 1 August 2014.