italki operates a marketplace that connects learners with online language teachers for 1-on-1 lessons. Teachers set their own prices on the platform and italki takes a 15% commission from transacted lessons. The average price for an hour of personal lessons is $10–15. The company has over 3,000 active language teachers and conducts thousands of paid online lessons daily from the U.S., Western Europe, Russia and Brazil. italki raised $3M in Series A funding and intends to use the proceeds to expand its marketplace in China, leveraging its investor Hujiang's user base and partnerships. Hujiang has over 110 million users and has partnered with McGraw-Hill, Oxford University Press, Cambridge University Press and HarperCollins.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2016