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51Talk - About the company

51Talk is a public company based in Beijing (China), founded in 2011 by Huang Jiajia. It operates as an Online English learning platform. 51Talk has raised $90M in funding. The company has 711 active competitors, including 77 funded and 18 that have exited. Its top competitors include companies like Open English, Tandem and Busuu.

Company Details

51Talk is an online English school providing one-to-one foreign language teacher service. 51Talk offers e-learning courses at affordable prices, with teachers mainly from southeast Asian countries who speak English as their native language. 51talk is also trying to diversify its user experience by setting up offline experience centers, following a similar initiative by major competitor Hujiang. In addition to building such centers in first-tier cities like Beijing and Shanghai.
Key Metrics
Founded Year
2011
Location
Beijing, China
Stage
Public
Total Funding
$90M in 5 rounds
Latest Funding Round
Ranked
Investment & Acquisitions
Similar Companies
Exit Details
Public

51Talk's IPO details

51Talk got listed on Jun 10, 2016.
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51Talk's funding and investors

51Talk has raised a total funding of $90M over 5 rounds. Its first funding round was on 2011. Its latest funding round was a Series D round on 2015 for $*****. 2 investors participated in its latest round. 51Talk has 4 institutional investors.

Here is the list of recent funding rounds of 51Talk:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2015
9576
Series D
5739
4196
9222
3078
Oct 23, 2014
6193033
Series C
7105627
7294513
1082674
Dec 16, 2013
3185102
Series B
9009917
8532097
8345513
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51Talk's founders and board of directors

Founder? Claim Profile
The founders of 51Talk is Huang Jiajia.
Here are the details of 51Talk's key team members:
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51Talk's Competitors and alternates

Top competitors of 51Talk include Open English, Tandem and Busuu. Here is the list of Top 10 competitors of 51Talk, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Open English
Open English
2006, Miami (United States), Series D
Online English learning platform providing live classes and AI-powered tutoring
$119M
77/100
2nd
Logo for 51Talk
51Talk
2011, Beijing (China), Public
Online English learning platform
$90M
76/100
3rd
Logo for Tandem
Tandem
2015, Berlin (Germany), Series A
App-based language learning platform
$8.66M
74/100
4th
Logo for Busuu
Busuu
2008, London (United Kingdom), Acquired
Mobile-based platform providing social networking solutions for learning languages
$11.2M
66/100
5th
Logo for Cambly
Cambly
2012, San Francisco (United States), Series B
Marketplace for language learning tutoring
$60.3M
65/100
6th
Logo for Learnship
Learnship
2008, Cologne (Germany), Acquired
Online corporate language learning solution
-
64/100
7th
Logo for Verbling
Verbling
2011, Walnut (United States), Acquired
Offering solutions for live video language learning
$7.26M
64/100
8th
Logo for Ringle
Ringle
2015, Seoul (South Korea), Series A
Online platform providing English language learning solutions
$26.9M
62/100
9th
Logo for Lingoda
Lingoda
2012, Berlin (Germany), Series C
Online tutoring for learning foreign languages
$83M
60/100
10th
Logo for Lingumi
Lingumi
2015, London (United Kingdom), Acquired
Pre-school English language learning through the interactive device
$7.68M
59/100
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51Talk's Investments and acquisitions

51Talk has acquired 2 companies including Koala Reading and 91Waijiao. 51Talk has not made any investments as of now.

Reports related to 51Talk

Here is the latest report on 51Talk's sector:

News related to 51Talk

lockFilter this list
Media has covered 51Talk for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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FAQs about 51Talk

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