WordDive Overview
- Year Founded
-
2009
- Status
-
Acquired/Merged
- Employees
-
16
- Latest Deal Type
-
M&A
WordDive General Information
Description
Developer of a language learning application designed to provide personalized instruction through a patented methodology. The company offers a language learning application, English prep courses, vocabulary training, grammar exercises, professional English courses, and mobile learning software, enabling individual learners to master new languages by optimizing study pace and activating multiple senses.
Contact Information
Website
www.worddive.com(Operating Subsidiary)
Corporate Office
- Finlaysoninkuja 21 A
- 33100 Tampere
- Finland
Corporate Office
- Finlaysoninkuja 21 A
- 33100 Tampere
- Finland
WordDive Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 30-Jun-2023 | Completed | Generating Revenue | |||
| 5. Equity Crowdfunding | 06-May-2022 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 07-Apr-2022 | Completed | Generating Revenue | |||
| 3. Seed Round | 10-Nov-2018 | Completed | Generating Revenue | |||
| 2. Equity Crowdfunding | 01-Jan-2017 | $1.28M | $2.58M | Completed | Generating Revenue | |
| 1. Angel (individual) | 28-Nov-2016 | $1.3M | $1.3M | Completed | Startup |
WordDive Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| WDA Shares | ||||||||
| Ordinary Shares | ||||||||
| Ordinary Shares | 120,000 | $11.01 | $11.01 | 1x | $11.01 | 12.52% |
WordDive Comparisons
Industry
Financing
Details
WordDive Competitors (28)
One of WordDive’s 28 competitors is Verbling, a Formerly VC-backed company based in Walnut, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Verbling | Formerly VC-backed | Walnut, CA | ||||
| Yabla | Corporation | New York, NY | ||||
| Lingoda | Venture Capital-Backed | Berlin, Germany | ||||
| Memrise | Venture Capital-Backed | London, United Kingdom | ||||
| Preply | Venture Capital-Backed | Brookline, MA |
WordDive Signals
WordDive Former Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Birch Venture | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
WordDive FAQs
-
When was WordDive founded?
WordDive was founded in 2009.
-
Where is WordDive headquartered?
WordDive is headquartered in Tampere, Finland.
-
What is the size of WordDive?
WordDive has 16 total employees.
-
What industry is WordDive in?
WordDive’s primary industry is Educational Software.
-
Is WordDive a private or public company?
WordDive is a Private company.
-
What is WordDive’s current revenue?
The current revenue for WordDive is .
-
How much funding has WordDive raised over time?
WordDive has raised $13.8M.
-
Who are WordDive’s investors?
Birch Venture, , , , and have invested in WordDive.
-
Who are WordDive’s competitors?
Verbling, Yabla, Lingoda, Memrise, and Preply are some of the 28 competitors of WordDive.
-
When was WordDive acquired?
WordDive was acquired on 30-Jun-2023.
-
Who acquired WordDive?
WordDive was acquired by Otavamedia.
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