Polish edtech Multilango secures €400k from Pathfinder and EKIPA Investments
Polish edtech startup Multilango.com has secured around €400,000 (PLN 1.75 million) investment from Tar Heel Capital Pathfinder, EKIPA Investments, and an undisclosed private investor. The startup is developing a platform enabling employers to offer foreign language learning as an employee benefit.
- Founded in 2021 by Łukasz Skrzypek, Michał Paszko, and Cezary Chałupa, Multilango is a platform for entrepreneurs who want to meet the expectations of employees and provide them with the benefit of learning foreign languages.
- Under the subscription, the user can learn one or several languages of their choice. Learning takes place online on a one-on-one basis, with experienced instructors tailored to the user’s needs and proficiency level.
- Currently, the platform provides access to instructors of sixteen different languages, from English and German to less common ones like Korean or Japanese, with plans for further expansion. The company’s clients are primarily medium and large enterprises, including brands such as Atman, Daimler Trucks Polska, and Canal+.
Who are the investors?
- Tar Heel Capital Pathfinder is one of the lead investors in the company. It is an experienced venture builder and a venture capital fund investing in early stage projects. Based in Poland, it co-creates thriving global tech businesses.
Employee benefits have become an integral part of the battle for employee attention. Learning foreign languages stands out against market standards: it is encountered less frequently than, for example, medical or sports benefits, and as one of the few types of benefits, it brings additional value to the employer by allowing employees to expand skills useful to the organization. Multilango responds to an important market need and can boast an experienced founding team, so we are pleased to invest in this project,Radosław Czyrko, Managing Partner at Tar Heel Capital Pathfinder, comments.
- EKIPA Investments is the other disclosed investor. It is also a Poland-based investment firm that focuses on pre-seed to seed rounds, investing up to €230,000 across various industries.
- New investors join the Czysta3.VC fund, which previously invested in Multilango. In total, the startup has raised nearly €690,000 (PLN 3 million) in funding so far.
Thanks to the fresh capital, the company plans to increase its presence in the market and scale sales, as well as to further develop the product’s functionalities, including work on machine learning and speech recognition features.