LingoAce

Founded in 2017 by Hugh Yao, LingoAce is a Singapore-based company that offers a Mandarin-focused online language learning platform that provides kids aged 3 to 15 years with immersive learning experiences across a range of proficiency levels. The platform leverages over 4,500 professionally-certified teachers with international accreditation to provide live, one-on-one and group classes as well as real-time feedback. Additionally, teaching quality and developing curricula and learning experiences are assessed via machine learning-based technology. As of July 2022, the company has offices in the US, Southeast Asia, and China, and serves students across 100 countries. In December 2021, the company reported that it had achieved growth in bookings of nearly 5x since the end of 2019.

In April 2022, the company launched an English language learning program, “English Live”, leveraging its expertise and technology in teaching Mandarin.

Key customers and partnerships 

In July 2022, the company partnered with Workday, an enterprise management solution provider, to streamline its business processes to support its global expansion plans.

Funding and financials   

In December 2021 LingoAce raised USD 105 million in a Series C funding round led by Sequoia Capital India. The funds were used to grow the company’s international employee base with significant hiring in the US, Europe, and Southeast Asia across multiple functions including curriculum, product development, and sales and marketing.