Education Technology Startup Language Your Way Closes Pre-Seed Funding Round

Guía de Regalos

  • Raised an undisclosed amount from a group of Melbourne-based angel
    investors.
  • Develops an online education platform for English training schools in
    China.
  • Focused on China’s growing appetite for online English learning.

MELBOURNE, Australia–(BUSINESS WIRE)–#AngelList–Based on its trajectory to significant growth in student numbers and
revenue in the next 12 months EdTech startup, Language Your Way has
closed its pre-seed funding round from local angel investors including
several successful venture capitalists.


Since its launch in 2015, the Melbourne based company has been on the
ground in China developing and testing its game-based online education
platform for teaching English to Chinese school students. During that
period Language Your Way has reached several key milestones including
signing up its first schools and students to the platform and generating
initial revenue. LYW initial target areas are the second and third tier
provinces with the initial focus specifically in Sichuan province.

Language Your Way provides existing English training schools with an
online platform that encourages game based learning supplemented with
online tutoring. The platform is currently used in multiple English
training schools in Sichuan and has recently generated interest from
some key players in the local education market.

The funds raised will be used to sign additional schools in the target
market and commence the Version 2 of the platform, which will feature
enhanced gamification and adaptive learning capabilities.

Language Your Way CEO, Pawan Lalwani said “The participation of
successful investors and business leaders in our pre-seed round is an
endorsement of the LYW business model and the milestones we have
achieved to date in a very short time period. With a targetable market
of over 200 million Kindergarten to Year 12 students, the growing
acceptance of online learning among parents and the rapid growth of
broadband Internet access, China offers a significant market for
Language Your Way to service their growing needs for English language
learning”.

“The next twelve months is shaping up to be a significant and exciting
time for our company. We expect Version 2 of our platform to go live in
early 2017 and our reach will grow significantly with a number of
schools signing up for the LYW offering.”

“We are excited by the opportunities the Chinese ESL market is offering
us. Our regular visits to meet local Chinese partners over the last
couple of years have generated some high level contacts and strong
relationships on the ground which is vital when building a business in
China.”

Language Your Way was recently a finalist at Chengdu Innovate, a
recipient of an Australia-China Council grant. The EdTech startup has
accompanied the delegation that visited Chengdu to build bilateral trade
and innovation exchange between Australia and China.

The funding announcement follows the launch of the Turnbull government’s
landing pad initiative in Shanghai, which is a part of AUD$1.1billion
National Innovation and Science Agenda.

Contacts

Language Your Way
Pawan Lalwani, +61-404-775-658
pawan@languageyourway.co