Fabulingua

1st-of-its-kind Mobile Game - kids "Play to Learn" languages through stories & supports teachers

https://wefunder.com/fabulingua

Total raised on Wefunder: 295192

Total investors: 161

Quick facts

  • 📈 First version app has 100,000+ downloads, 75% of trials now converting to subscribers
  • 🏆 Voted Best New Language Learning Technology - 2021 Launchpad Int'l Language Education Competition
  • 💸 Teachers create the flywheel - platform to signup/manage or tutor students = viral distribution channel & network FX
  • 📱 Founding team: CEO led mobile app to NASDAQ IPO + background in linguistics & psychology + mobile game expertise
  • 🌎 Education meets Gaming. Language market doubles to $115B by 2025; mobile gaming will grow to $272bn by 2030
  • 👪 Product expansion strategy to multiple languages globally - English, Spanish, Mandarin, Hindi, Japanese, French, etc
  • 🍯 Advisors incl. growth leader of Honey & Acorns, founder of Friendster + Professor at Princeton
  • 💕 Female, Latina-founded with diversity and access at the heart of its mission

Team profiles

Featured investor profiles

Fabulingua

1st-of-its-kind Mobile Game - kids "Play to Learn" languages through stories & supports teachers

Funded badge
Last Funded April 2022

$295,192

raised from 161 investors
Pitch Video
Investor Panel

Investor Panel

Louie interviewed Fabulingua on September 17, 2021. Play Video
Louie Nguyen, CFA
Louie has 25 yrs of investing experience ranging from global fund management to direct private equity investments focused on social impact.
Strengths
says, "Gamification of foreign language learning...that's kinda hot. I know first hand how difficult it is to teach a foreign language to a child. If executed well, this could be explosive. It seems the founders have what it takes!"
Advice
says, "Greater clarity on the revenue model would be helpful. Also, I would like to understand better how the firm think about the challenges of converting free users to paid users. Lastly, how are the founders thinking of future language introductions."
Comment from Fabulingua

Fabulingua says, "Hi Louie, thanks for your comments. With regards to the revenue model, we are essentially a subscription model with the opportunity to upgrade to higher subscription tiers for additional features. For example, in our new mobile game release coming out later this year, the app will be free to download, and we will offer a 7 day free trial to FabuLingua's game which includes our language learning stories. After the free trial, we plan to charge a base monthly subscription (~$7) for continued access to the game as well as all new feature and story releases. It will also be possible to upgrade to premium subscription levels in order to gain access to additional features related to player game features as well as parent/teacher learning data & insights. We have confidence that we can convert free users to paid users based on the data from our current release where we are converting 75% of trials into subscriptions. This is well above industry average (60%). As for future languages, we are very excited to expand FabuLingua into major English language learning markets in Latin America, Asia (India, China, Japan) and Europe. There are 2 billion language learners in the world and 80% are learning English. FabuLingua's platform has been intentionally designed so that we can efficiently repurpose our game and story assets into new languages. - Thanks, Mark Begert, CEO"


What Investors Say

President, Open Road Renewables
LEAD INVESTOR
Invested $25,000 this round + $75,000 previously
I am re-investing in FabuLingua because I believe FabuLingua is creating something truly unique and impactful at the intersection of two large global growth markets - mobile gaming and digital learning. I know the founders, and my family has been a FabuLingua customer since Day 1. I originally invested because I was aligned with the mission and vision, and I have continued to invest because I see the steady progress they are making and the talented team they are building in a short time. I believe that speaking more than one language is, as Mark Begert says, a super power. All parents would want this for their kids. But it's hard! Combining the engagement of mobile games with a highly effective, science-backed language learning method based on children's stories is an incredibly compelling solution. I'm confident that FabuLingua will change the ways kids learn new languages across the world.
What People Say