Ringle - About the company
Ringle is a series A company based in Seoul (South Korea), founded in 2015 by Sungpah Lee and Hoon Seunghun Lee. It operates as an Online platform providing English language learning solutions. Ringle has raised $26.9M in funding from Must Asset Management and Do Ventures. The company has 722 active competitors, including 67 funded and 20 that have exited. Its top competitors include companies like Open English, 51Talk and Tandem.
Company Details
Online platform providing English language learning solutions. The platform offers its solutions for both students as well as tutors. The platform enables students to learn English from tutors whereas tutors to register for teaching English.
- Website
- www.ringleplus.com/ko/1on1
- Email ID
- *****@ringleplus.com
- Phone Number
- +82 **********
Key Metrics
Founded Year
2015
Location
Seoul, South Korea
Stage
Series A
Total Funding
$26.9M in 4 rounds
Latest Funding Round
Investors
Ranked
8th among 722 active competitors
Employee Count
896 as on Sep 30, 2026
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Legal entities associated with Ringle
Ringle is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Ringle English Education Service Co., Ltd. CIN: 876-81-00110 , South Korea, Active | May 28, 2015 | - | - | - |
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Ringle's funding and investors
Ringle has raised a total funding of $26.9M over 4 rounds. Its latest funding round was a Series A round on Mar 21, 2022 for $*****. 1 investor participated in its latest round. Ringle has 7 institutional investors.
Here is the list of recent funding rounds of Ringle:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2022 | 3611841 | Series A | 2206838 | 5600922 | 6719723 | 8076295 |
Jun 10, 2021 | 6979325 | Series A | 1660967 | 3004956 | 7192482 | |
Mar 31, 2021 | 9526951 | Series A | 2684339 | 6783310 | 4332845 |
View details of Ringle's funding rounds and investors
Ringle's founders and board of directors
Founder? Claim ProfileThe founders of Ringle are Sungpah Lee and Hoon Seunghun Lee.
Here are the details of Ringle's key team members:
- Sungpah Lee: Co-Founder of Ringle. Contact Info: 1 email address
- Hoon Seunghun Lee: Co-Founder of Ringle.
View details of Ringle's Founder profiles and Board Members
Ringle's employee count trend
Ringle has 896 employees as of Sep 26. Here is Ringle's employee count trend over the years:
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Ringle's Competitors and alternates
Top competitors of Ringle include Open English, 51Talk and Tandem. Here is the list of Top 10 competitors of Ringle, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Open English 2006, Miami (United States), Series D | Online English learning platform providing live classes and AI-powered tutoring | $121M | 78/100 | |
2nd | Online English learning platform | $90M | 76/100 | ||
3rd | App-based language learning platform | $8.66M | 73/100 | ||
4th | Busuu 2008, London (United Kingdom), Acquired | Mobile-based platform providing social networking solutions for learning languages | $11.2M | 67/100 | |
5th | Cambly 2012, San Francisco (United States), Series B | Marketplace for language learning tutoring | $60.3M | 65/100 | |
6th | Online corporate language learning solution | - | 64/100 | ||
7th | Online tutoring for learning foreign languages | $83M | 62/100 | ||
8th | Ringle 2015, Seoul (South Korea), Series A | Online platform providing English language learning solutions | $26.9M | 59/100 | |
9th | Verbling 2011, Walnut (United States), Acquired | Offering solutions for live video language learning | $7.26M | 60/100 | |
10th | Provider of online language, intercultural, business coaching, and mentoring programs | $10.9M | 59/100 |
Looking for more details on Ringle's competitors? Click here to see the top ones
Ringle's Investments and acquisitions
Ringle has made no investments or acquisitions yet.
Reports related to Ringle
Here is the latest report on Ringle's sector:
News related to Ringle
•
Ringle, 10 billion won in payment amount in the first half of 2024… 40% growth year-on-yearPlatum•Aug 09, 2024•Ringle
•
South Korean English Tutoring Platform Ringle Raises Undisclosed Amount In Series A ExtensionEdTechReview•Mar 21, 2022•Ringle, Do Ventures
•
Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platformTechCrunch+•Jun 10, 2021•Ringle, Must Asset Management, One Asset Management, Solon Invest and 2 others
•
Ringle attracts 10 billion won investment,Start of Series A roundBusinesskorea•Mar 31, 2021•Ringle, Must Asset Management
•
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