
Tandem
The easiest way to learn a foreign language one-on-one with other people from around the world.
Date | Investors | Amount | Round |
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- | investor investor investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
£4.5m | Series A | ||
Total Funding | 000k |
EUR | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
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Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Tandem, operating under the full name Tandem - Language Exchange, has established a significant presence in the digital language learning market since its inception. Founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kospoth, the company is headquartered in Berlin, Germany. The platform's genesis is rooted in the founders' prior experience; Aschentrup and Dickmeis previously co-founded Vive, a video chat platform, which laid the technological and conceptual groundwork for Tandem's peer-to-peer interaction model. This background in creating community-based platforms provided a strong foundation for developing a service focused on authentic human connection for language acquisition.
Tandem's business model centers on a freemium structure within its mobile application, available on both iOS and Android. The core service, which allows users to find language exchange partners and communicate via text, audio, and video chat, is offered free of charge. Revenue is generated through a premium subscription tier, 'Tandem Pro', which provides users with enhanced features. These include unlimited translations, an ad-free experience, access to members in specific cities or nearby locations, and profile customization options like verification and badges. The company targets a global user base of language learners who seek conversational fluency, a segment distinct from those who prefer traditional, curriculum-based language apps.
The platform facilitates language practice for over 300 languages, including a number of sign, indigenous, and even fictional languages. Its core value proposition is enabling members to connect with native speakers to practice their target language in a real-world context. Users create profiles detailing their native and target languages, and the app's algorithm suggests suitable partners. This peer-to-peer, community-driven approach fosters cross-cultural conversations and provides a practical, immersive learning experience that moves beyond textbook exercises. By focusing on conversational practice from day one, Tandem addresses a critical gap in the language learning journey, positioning itself as a key tool for achieving fluency.
Keywords: language exchange, peer-to-peer learning, freemium model, mobile application, conversational fluency, language community, subscription service, cross-cultural communication, EdTech, user-generated content