Voxy Explained

Voxy
Type:Private
Foundation:2010
Location:New York, NY
Key People:Paul Gollash, Founder & CEO
Gregg Carey, Co-founder
Katharine Nielson, PhD., Chief Education Officer
Industry:E-Learning
Homepage:www.voxy.com

Voxy is an American eLearning company and English learning platform.[1] [2] [3] The company was founded in February 2010 by Gregg Carey and Paul Gollash and is headquartered in New York City along with an office in São Paulo, Brazil.[1] [4] [5]

History

Voxy officially launched at TechCrunch Disrupt 2010 in San Francisco.[1] The executive chairman of the Voxy board is Timothy Murray.[6] PhD linguist Katharine B. Nielson is the chief education officer.[7] [8] [9] In 2014, after receiving increased interest in the Voxy platform from several universities, Voxy expanded its offerings to corporations and educational institutions. Voxy software is used by universities, language institutes, and corporations in countries including Brazil, Mexico, Colombia, the United States, Argentina, Vietnam, Taiwan, Saudi Arabia, Russia, Italy and Spain.[10]

In 2013, Voxy partnered with Pearson PLC to expand to more countries, including China.[11] [12] [13] The company developed an online English course for Internet multinational Terra Networks.[14]

Voxy's biggest market is Brazil.[10] Prior to the 2014 World Cup in Brazil, Voxy distributed its English language-learning platform to 40,000 affiliates of the car service 99Taxis.[15] [16]

In 2014, Voxy announced a partnership with Brothers For All, a South African nonprofit dedicated to providing educational support to ex-inmates of the South African prison system and at-risk youth.[17] Voxy donated free software licenses to the new Brothers For All study center in Langa, South Africa, giving students in an underserved community full access to Voxy's platform and credits to enroll in live group classes.

In December 2015, Voxy received a patent for its customized keyword extraction process for second language learning.[18]

Product

Voxy uses task-based language learning and tailors courses based on learners’ performance and interests.[13] [19] The curriculum uses relevant content such as up-to-date news and conversations.[1] [2]

The platform includes live instruction through one-on-one tutoring sessions and group classes with certified teachers.[20]

Funding

In its Series A round, Voxy received $4.1 million in funding from investors including Weld North, New York City Investment Fund (NYCIF), Seavest Inc., Contour Venture Partners, and ff Venture Capital.[5] [10]

Voxy received $2.3 million in funding from return investors including ff Venture Capital, Contour Venture Partners, and Seavest Capital Partners in a Series A-2 round in 2012.[21]

In 2013, Voxy received $8.5 million from Pearson in a Series B with participation from Rethink Education.[1] [13] Voxy raised $12 million worth of funding in March 2017, which was dedicated to the expansion of its e-learning app. The funding round was led by SFJ Ventures.[22]

Awards and recognition

Business Insider named Voxy one of the 10 best U.S. technology companies to work for in 2012,[23] and Internet Week New York named Voxy one of the top 30 places to work in the New York City tech industry in 2014.[24]

In 2015, Voxy was recognized as an Academics' Choice Award Winner for "Smart Media."[25]

See also

External links

Notes and References

  1. Web site: Voxy teaches languages through news and text messages. Matthew Lynley. Venture Beat. September 28, 2010. October 9, 2013.
  2. Web site: Voxy Music turns songs into English lessons. Elaine Rita Mendus. Maswired. September 24, 2012. October 9, 2013.
  3. Web site: 5 Startups Transforming Online Education. Mashable. July 27, 2012. October 14, 2013.
  4. Web site: Company Overview of Voxy, Inc . . bloomberg. . Bloomberg LP . 24 April 2015.
  5. Web site: The Hottest 10 Startups To Watch In NYC This Year . Huhman . Heather . 21 February 2012 . businessinsider. . Business Insider Inc . 24 April 2015.
  6. Web site: Timothy Murray Joins Voxy's Board of Directors as Executive Chairman. PR Newswire. May 24, 2016.
  7. Web site: Three Surprising Ways to Use Technology to Learn a Language . Nielson . Katharine . 8 May 2014 . . 24 April 2015.
  8. Web site: Some Tips on How To Learn a Foreign Language . Lopate . Leonard . 27 June 2014 . wnyc. . New York Public Radio . 24 April 2015.
  9. Web site: Online Language Learning in the Workplace: Maximizing Efficiency, Effectiveness, and Timeon-Task . Nielson . Katharine . 12 June 2013 . icelw.org . The International Conference on E-Learning in the Workplace . 24 April 2015.
  10. Web site: Interview: Language Learning Startup Voxy Focusing On Growth In Brazil, Latin America. Paul Gladder. Wired Academic. July 16, 2012. May 22, 2015.
  11. Web site: Voxy gets $8.5M for its English-language learning apps. Christina Farr. Venture Beat. August 2, 2013. October 9, 2013.
  12. Web site: Voxy is a different English teacher for the new global economy . Mott . Nathaniel . 2 August 2013 . pando.com . Pando Daily . 24 April 2015.
  13. Web site: Language learning heats up: Voxy gets $8.5M to help the world learn English. Ki Mae Heussner. Gigaom. August 3, 2013. May 22, 2015.
  14. Web site: Terra lança cursos de inglês personalizados em parceria com a Voxy.com . . 2 April 2014 . Noticias.terra.br . 24 April 2015.
  15. Web site: Ahead of the World Cup, Voxy Rolls Out English Language Learning for Brazilian Cabbies . Zax . David . 20 May 2014 . fastcompany . Mansueto Ventures, LLC . 24 April 2015.
  16. Web site: A language app is getting Brazil's taxi drivers in shape for the World Cup . Feltman . Rachel . 16 May 2014 . qz . Atlantic Media . 24 April 2015.
  17. Web site: Voxy Partners With Brothers For All In Helping Ex-Inmates Prepare For Digital World. Voxy. December 10, 2014. March 6, 2015.
  18. Web site: Voxy Patents Innovative Approach to Second Language Learning. PR Newswire. 22 December 2015. 25 January 2016.
  19. Web site: 15 Tech Companies Taking NYC By Storm . Hyder . Shama . 8 September 2014 . . 24 April 2015.
  20. Web site: Immigrants Must Learn English Fast. Huffington Post. November 23, 2011. October 14, 2013.
  21. Web site: Language Learning Startup Voxy Raises a $4 M. Round from ff Venture Capital, Contour, and Seavest. Beta Beat. March 26, 2012. May 22, 2015.
  22. Web site: Voxy raises $12 million to roll out its e-learning English app in emerging markets. Venture Beat. April 25, 2017. Berenice Magistretti. March 30, 2017.
  23. Web site: The 10 Best US Tech Companies To Work For In 2012. Heather R. Huhman. Business Insider. March 17, 2012. October 9, 2013.
  24. Web site: Internet Week Unveils Its First-Ever List Of 30 Best Places To Work In New York City Tech Industry. Jenny Chang, Mark McArthur. Internet Week. October 17, 2014. March 6, 2015.
  25. Web site: Voxy. Academics' Choice. August 26, 2015.