Study2gether

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Study2gether - overview

Location

Madrid, -, Spain

Primary Industry

Software

About

Study2gether is an online education platform specializing in Russian language classes specifically designed for Spanish-speaking learners, offering interactive and personalized instruction by native speakers. Study2gether provides tailored online Russian language courses and was founded in Madrid, Spain. The company raised EUR 0. 25 million in Series A funding on April 13, 2013, from investors Mola.


com and Extremadura Avante. The company specializes in providing online Russian language classes tailored specifically for Spanish-speaking individuals. Their core offerings are personalized instruction led by native Russian speakers, utilizing the Communicative Principled Eclectic Method, which emphasizes effective communication from the outset of the learning process. These classes are designed to be interactive and flexible, adapting to the individual learning pace and style of each student.


The company targets a diverse client base including students, professionals, and language enthusiasts, aiming to enhance their language skills for personal or professional purposes. Geographically, the services extend beyond Spain, catering to Russian language learners in various regions, including Latin America and Europe, leveraging digital platforms to reach a wider audience. Revenue is generated through a structured model of direct-to-consumer transactions, primarily through the sale of individual language courses and personalized tutoring sessions. Clients typically engage with the company by selecting specific classes based on their proficiency levels and learning objectives, resulting in a direct payment for the selected services.


The pricing structure varies based on factors such as class duration and frequency, with potential packages designed for ongoing subscriptions or bundles for multiple sessions. The company’s flagship service revolves around customized online classes, ensuring that learners receive tailored instruction that aligns with their goals. This model fosters a consistent revenue stream as students often return for additional lessons as they progress in their language acquisition. In April 2013, Study2gether raised EUR 0.


25 million of Series A financing from Mola. com and Extremadura Avante. With this funding, the company plans to enhance its product offerings by developing new language courses and expanding their market reach into additional regions in Latin America by the end of 2024. The company aims to leverage the recent funding to improve their digital platform and marketing strategies to attract a broader audience.


Current Investors

Extremadura Avante, Mola.com

Primary Industry

Software

Sub Industries

Software

Website

www.study2gether.es

Company Stage

Series A

Total Amount Raised

Subscriber access only

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