Lengio Corporation

Lengio Corporation specializes in professional English language training solutions that improve communication skills across various industries. Their offerings cater to the specific language needs of professionals, enabling effective communication in the workplace. Founded in 2013, Lengio Corporation is based in Boston, US. The company focuses on providing tailored English language training solutions.

The firm has conducted 5 total deals, with their most recent funding round occurring on December 20, 2021. In this Series A round, they raised USD 14. 000 mn, primarily from ALIVE, DILA Capital, Inter-American Development Bank, Roble Ventures, Salesforce Ventures, and The Impact Engine. Diego Villegas and Kamran Khan founded the company, with Diego Villegas currently serving as CEO.

Slang offers a comprehensive suite of professional English language training solutions designed to enhance communication skills across various industries. The core product offerings include the Learn App, which features bite-sized lessons and interactive learning opportunities tailored to career-specific language use, and Online Classes that provide human-centric, interactive sessions led by expert instructors. Additionally, Slang provides a Learning Management System (LMS) that enables companies to track learner progress, assign courses, and generate reports on English proficiency levels. These offerings specifically target professionals in sectors such as Consumer Goods and Retail, Logistics and Natural Resources, and Technology, among others.

Slang's services are utilized by over 200 world-class companies globally, with tailored solutions available in markets including North America, Europe, and Latin America. Slang generates revenue primarily through a subscription-based model, allowing businesses to access its suite of language training solutions for their employees. Clients typically enter into contracts that encompass a range of services, including the Learn App, Online Classes, and the LMS, often structured as annual or multi-year agreements. Pricing plans vary depending on the selected services and the specific needs of the client organization, with options for role-specific customization to enhance the learning experience.

Revenue is driven not only by direct subscriptions but also through partnerships with companies looking to empower their workforce with essential English language skills. This transactional structure positions Slang as a key player in the corporate training and development space, focusing on delivering measurable outcomes for professional language acquisition. With the USD 14. 000 mn raised from the Series A funding, Lengio Corporation is strategically focusing on product development and international expansion.

The company aims to launch new language training products designed to meet evolving market demands by the end of 2023. Lengio plans to expand into new geographic regions, specifically targeting opportunities in Asia and the Middle East over the next two years. This funding will support the development of innovative training solutions and the scaling of operations to meet the needs of these emerging markets.