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Fluentify

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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]

Fluentify and the founders have received the attention of the media in Italy. In April 2014, the two founders of the company were invited to be a guest on the TV show Che Tempo Che FA, one of the most famous programs in Italy organized by Fabio Fazio.[6][7]

In May 2014, Wired Monthly Technology Magazine chose Fluentify as one of the top 6 tools to learn online foreign languages.[8]

Business model

Fluentify scales by increasing the number of students and tutors and matching them with each other.[9] The company claims that top tutors can earn up to £2,500 per month.[10][11]

References

  1. ↑ "Company Overview of Fluentify LTD". Companies House UK. https://beta.companieshouse.gov.uk/company/11511871. Retrieved on 18 August 2018. 
  2. ↑ "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. 
  3. ↑ "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. 
  4. ↑ "Mediobanca hires veteran adviser to expand European operations". Financial Times. http://www.ft.com/cms/s/0/f3aff70c-5b72-11e3-a2ba-00144feabdc0.html. 
  5. ↑ "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. 
  6. ↑ "Il made in Italy a Londra: con Fluentify l'inglese lo impari online da artisti e professionals della City" (in it). 2014-06-28. https://www.huffingtonpost.it/silvia-lombardo/fluentify-londra_b_5224959.html. 
  7. ↑ Iovane, Giorgia (2014-04-27). "Che Tempo che fa, 27 aprile 2014, tutte le interviste" (in it). https://www.tvblog.it/post/571263/che-tempo-che-fa-puntata-27-aprile-2014-diretta-ospiti. 
  8. ↑ "Sei modi per imparare le lingue online" (in it-IT). 2014-05-22. https://www.wired.it/internet/web/2014/05/22/sei-modi-per-imparare-le-lingue-online/. 
  9. ↑ Choudary, Sangeet (1 August 2014). "A Platform Thinking Approach to Innovation". WIRED. https://www.wired.com/2014/01/platform-thinking-approach-innovation/. 
  10. ↑ "Company blog - How to become a tutor". Company blog. http://www.fluentify.com/blog/?p=97. Retrieved on 1 August 2014. 
  11. ↑ Online Tutors - TeacherOn