Fluent City, a NYC-based language training company, closed a $3m funding round.
The round was led by Lerner Enterprises, with participation from New Ground Ventures, ZG Ventures, WorldQuant Ventures, John Katzman, Matthew Hanson, Jack Larson, and Nick Hammerschlag.
The company, which has raised $5.5m to date, intends to use the funds to advance the buildout of custom content and materials, instructor training and development, physical market expansion, and online content and technology development.
Launched in 2011 and led by CEO James Rohrbach, Fluent City provides training in 11 different languages, offering individuals, groups, and organizations online instruction worldwide and in-person training in New York, Washington D.C., Chicago, Philadelphia and Boston.
The company has provided over 175,000 hours of instruction to more than 25,000 students and currently employs nearly 350 instructors.
Corporate clients include Calvin Klein, Viacom, Dataminr, Huge, “Mozart in the Jungle” and “Madam Secretary”.
FinSMEs
17/10/2017