ABA English raises $3.4 million from Nauta Capital
·The funding seeks to accelerate the growth and expansion
of the online English learning platform that reached 1 million
students in its first year
·It is one of the largest rounds in the online language
learning space in Spain
The online English platform ABA English has just closed its first funding round for $3.4 million with the venture firm Nauta Capital. ABA English specializes in online English teaching using a robust learning methodology, exclusive media content and its own developed interactive technology.
The Barcelona based e-learning start-up was launched in 2013 with
new unique content and a new go-to-market approach. In its first
year it reached 1 million students in 170 countries, with a
particularly strong presence in Italy, France, Spain, Brazil and
Mexico. The funding from Nauta will be devoted to accelerate ABA’s
growth and international expansion.
According to Jordi Viñas,
General Partner at Nauta Capital who led the transaction: “With our
investment in ABA English, Nauta confirms its commitment to
innovative companies that use unique technology as a tool to
disrupt traditional large spaces as for instance Education. Since
ABA English was launched, the company has already proven its
ability to attract and retain hundreds of thousands of customers to
its platform, with a product that is innovative, attractive and is
based on a highly robust methodology. All these goals achieved with
a highly efficient use of the equity raised prior to Nauta’s
investment.”
Javier Figarola, ABA
English’s CEO and cofounder, said: “Nauta’s funding will help the
company drive exponential growth: we will invest in marketing and
internal resources to bolster our number of students and our
worldwide position, and we will also finalize and launch new
technology developments for mobile devices. Nauta is a key partner
for ABA; in addition to funding, the investment firm will
contribute with their strong expertise in disruptive technologies
and international business development.”
About
Gartner Acquires Nubera
Gartner has acquired Nauta Portfolio company Nubera. Nauta led Series A investment round in 2011
ABA English raises $3.4 million from Nauta Capital
The online English platform ABA English has just closed its first funding round for $3.4 million with the venture firm Nauta Capital.
Social Point raises 30 M $ in a round led by Highland Capital
Nauta Capital mobile gaming company Social Point has raised 30 M$. Highland Capital has led the round and existing investor Idinvest has also participated.
Lodgify Raises €1.4M Round of Investment Led by Nauta Capital
Vacation Rental Software Solution Drives Direct Bookings for
Vacation Rental Owners
LONDON
9 Argyll Street
London, W1F 7TG
United Kingdom
Tel: +44 (0) 203 553 5757
BOSTON
867 Boylston Street
Boston, MA 02116, USA
Tel: +1 617 840 3930
BARCELONA
Av. Diagonal 593, 8th floor
08014 - Barcelona
Spain
Tel: +34 93 503
5900
Copyright © Nauta Capital 2014. All rights reserved.