Colingo Raises $2.4M for Online English Classes

COLINGO: $2.4 million to San Francisco, CA-based Colingo in a seed round led by Atlas Venture, with 500 Startups, Morado Ventures, Crosslink Capital and others chipping in. (See full investor list in the press release.) Colingo offers live English classes in small groups (3 to 5 students) with native speakers over Google Hangouts. A "basic" $50 monthly subscription allows users to participate in unlimited classes; a "premium" account with personalized study plans and private lessons runs $150/month. The company currently has 27 teachers and over 150,000 students from 180 countries.

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