London: Tandem, the leading Berlin-based language exchange app, today announces it has raised an approx. €4.9 million Series A round of financing. The round was led by Brighteye Ventures, a leading European education technology fund, along with Trind Ventures, Rubylight Limited and GPS Ventures. Tandem’s latest investment round brings the total amount raised to around €7.5 million.
Launched in 2015, Tandem is a language exchange app with over ten million members across 180 countries. Members fill out a profile, identify the language they would like to learn, and whether they prefer to practice via text, audio, or video chat. The app then pairs members up, enabling them to practice their new language whilst teaching their native one.
Tandem members can choose from more than 300 different languages, including 20 sign languages, 20 indigenous languages, and six fictional ones like Mandalorian or Klingon. Tandem is available on iOS and Android, as well as the web.