Lingumi: against COVID-19 Company
Entity: Lingumi
Category: EdTech
Description: Lingumi is an EdTech startup that teaches English to kids aged 2 to 6 using an app and a range of physical products.
Project: Lingumi against COVID-19.
Summary: Lingumi has launched free activity packs and videos for children and families. It will also donate 20% of its sales during this period to the Global Children’s Fund. Toby Mather, CEO of Lingumi said: “We’ve seen a huge surge in demand from parents around the UK who are worried about their pre-schoolers being school-ready in the autumn, without access to their nurseries or seeing friends regularly. At Lingumi we developed a huge, free resource site alongside our main speaking-focused app to support families in the UK and abroad during this crisis.” The coronavirus pandemic and lockdown has had a significant and potentially lasting effect on education, with edtech seeing accelerated adoption on a mass scale. On a global level, edtech companies saw VC investment grow by 22% in Q1 2020. The UK is a leader in the field, with its startups attracting 41% of all European investment last year according to data from our Data Commons. Edtech investment climbed 91% from 2018 to 2019. In contrast, investment in the US actually fell by 12% and European investment only grew by 8%. Edtech companies in the UK are numerous but tend to be at an earlier stage in development than those in markets like the US. Companies have raised smaller sums of money than those in sectors such as AI, fintech and healthtech and are less well equipped to cope with the sudden demand from parents or schools. Edtech has huge potential around the world to democratise access to education, and UK companies are well-placed to provide services into the international market.
Category: EdTech
Description: Lingumi is an EdTech startup that teaches English to kids aged 2 to 6 using an app and a range of physical products.
Project: Lingumi against COVID-19.
Summary: Lingumi has launched free activity packs and videos for children and families. It will also donate 20% of its sales during this period to the Global Children’s Fund. Toby Mather, CEO of Lingumi said: “We’ve seen a huge surge in demand from parents around the UK who are worried about their pre-schoolers being school-ready in the autumn, without access to their nurseries or seeing friends regularly. At Lingumi we developed a huge, free resource site alongside our main speaking-focused app to support families in the UK and abroad during this crisis.” The coronavirus pandemic and lockdown has had a significant and potentially lasting effect on education, with edtech seeing accelerated adoption on a mass scale. On a global level, edtech companies saw VC investment grow by 22% in Q1 2020. The UK is a leader in the field, with its startups attracting 41% of all European investment last year according to data from our Data Commons. Edtech investment climbed 91% from 2018 to 2019. In contrast, investment in the US actually fell by 12% and European investment only grew by 8%. Edtech companies in the UK are numerous but tend to be at an earlier stage in development than those in markets like the US. Companies have raised smaller sums of money than those in sectors such as AI, fintech and healthtech and are less well equipped to cope with the sudden demand from parents or schools. Edtech has huge potential around the world to democratise access to education, and UK companies are well-placed to provide services into the international market.
Technology:
EdTech
Headquarters:
United Kingdom
Founded Date:
N/A
Employees Number:
N/A
Funding Status:
N/A
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