Toucan
The free Chrome extension that helps you learn a language without even trying.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor investor investor | €0.0 | round |
| investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 27 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Toucan, accessible at jointoucan.com, is a startup that offers a unique and innovative approach to language learning. The company provides a free web browser extension designed to help users learn new languages seamlessly as they browse the internet. Unlike traditional language learning methods that rely on flashcards, lengthy classes, or rigorous tests, Toucan integrates language learning into the user's daily online activities. This makes the process less intimidating and more engaging.
Toucan primarily serves individuals who are looking to learn a new language or improve their existing language skills. The service is available to users aged 13 and older, residing in the United States or other countries not subject to U.S. Government embargoes. The platform is particularly appealing to busy professionals, students, and casual learners who want to incorporate language learning into their daily routines without dedicating extra time specifically for study.
Operating in the EdTech (Educational Technology) market, Toucan leverages the growing trend of digital and self-paced learning. The business model is freemium, meaning the basic browser extension is free to install and use. Revenue is likely generated through premium features, advertisements, or partnerships with educational institutions and other organizations.
Toucan makes money by offering additional features and services that enhance the learning experience. These could include advanced language assessments, personalized learning plans, and ad-free browsing. The company may also monetize through data analytics, providing insights into user behavior and learning progress to third parties, while ensuring user privacy and data security.
In summary, Toucan is revolutionizing the way people learn languages by making it an effortless part of their daily internet browsing. This innovative approach not only makes language learning more accessible but also more enjoyable.
Keywords: language learning, browser extension, EdTech, freemium model, digital learning, seamless integration, user-friendly, personalized learning, daily routine, innovative approach.