Estonian language learning startup Lingvist has secured €1 million funding right before it launches a private beta version of its ‘adaptive’ learning tool. Investors included the taxpayer-funded development fund SmartCap, Nordic VC Inventure, and angel investors from the country. The cash injection will boost Lingvist’s efforts to build its portfolio of languages, which includes only English and French for the time being.
Founded in early 2013 by Mait Müntel, Ott Jalakas and Andres Koern, the company is working on a language teaching method that prioritizes the ‘most frequently used words’ and configures itself according to the learning abilities of the user.
Through this self-optimization technique, the company claims it may take as little as 200 hours to learn the basics of a foreign language. The system follows the student’s activities on the site and collects data to modify the course accordingly, using the most suitable content and intensity level for that specific student.
Community Manager Ave Habakuk explained to ArcticSttartup that the program records all the actions the user takes on the platform to understand their capabilities as a learner. Through the data analysis carried out over time, it can map memory profiles and optimize repetition patterns.
Lingvist was chosen earlier this week as one of the eleven startups to joinTechStars London a London accelerator program. Presently, the company collects requests from those who would like to be invited to test the product.