Voxy
Founded Year
2010Stage
Loan | AliveTotal Raised
$28.68MLast Raised
$680K | 3 yrs agoAbout Voxy
Voxy provides a web and mobile-based English learning solution based on real-world content to major educational institutions, corporations, and governments in North and South America, Europe and Asia. Every online course combines adaptive learning technology, personalized live instruction, and authentic, real-world content to support learners' needs in real time.
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Research containing Voxy
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CB Insights Intelligence Analysts have mentioned Voxy in 2 CB Insights research briefs, most recently on Dec 1, 2021.
Expert Collections containing Voxy
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Voxy is included in 1 Expert Collection, including Education Technology (Edtech).
Education Technology (Edtech)
2,701 items
These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.
Voxy Patents
Voxy has filed 13 patents.
The 3 most popular patent topics include:
- Educational psychology
- Educational technology
- Learning
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
6/14/2019 | 7/21/2020 | Applied linguistics, Natural language processing, Educational psychology, Computational linguistics, Educational technology | Grant |
Application Date | 6/14/2019 |
|---|---|
Grant Date | 7/21/2020 |
Title | |
Related Topics | Applied linguistics, Natural language processing, Educational psychology, Computational linguistics, Educational technology |
Status | Grant |
Latest Voxy News
Jan 16, 2023
News provided by Share this article Share this article NEW YORK, Jan. 16, 2023 /PRNewswire/ -- The global online language learning market size is estimated to increase by USD 29.96 billion from 2021 to 2026. The market's growth momentum will accelerate at a CAGR of 18.77% during the forecast period - request a sample report Global online language learning market – Vendor analysis Vendor offerings - Technavio has announced its latest market research report titled Global Online Language Learning Market 2022-2026 Cengage Learning Inc. - The company offers online language learning books such as Teaching English as a Second or Foreign Language. Duolingo Inc. - The company offers online language learning courses such as French, Spanish, Japanese, Korean, Chinese, Hindi, German, Italian, Russian, Arabic and Italian. EF Education First Ltd. - The company offers a range of widely recognized certificates in various languages such as English, French, Spanish, German, Italian, Mandarin, and Japanese. Houghton Mifflin Harcourt Co. - The company offers Spanish and French programs to students. For details on vendors and their offerings – Buy the report! Vendor landscape – The global online language learning market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors in the market are Babbel GmbH, Benesse Holdings Inc., Busuu Ltd., Cengage Learning Inc., Duolingo Inc., Educational Testing Service, EF Education First Ltd., Enux Education Ltd., Houghton Mifflin Harcourt Co., inlingua International Ltd., IXL Learning Inc., Linguarama International Ltd., Linguatronics LC, McGraw Hill Education Inc., New Oriental Education and Technology Group Inc., Oxford University Press, Pearson Plc, Sanako Oy, Think and Learn Pvt. Ltd., and Voxy Inc. and others. The key players in the market are adopting strategic developments to increase their market share across the world. The key competitive criteria in the market are price, quality, and innovation. However, the ultimate purchase decision is based on the price. Global online language learning market - Customer landscape To help companies evaluate and develop growth strategies, the report outlines – Key purchase criteria Segment overview Technavio has segmented the market based on product (courses, solutions, and apps) and language (English, Mandarin, Spanish, and others). The courses segment will grow at a significant rate during the forecast period. The growth of this segment is driven by factors such as the rapid growth of self-paced e-learning. In addition, vendors are designing courses that are compatible with smart gadgets. These factors will fuel the growth of the courses segment of the market. Geography overview Based on geography, the global online language learning market is segmented into APAC, Europe, North America, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global online language learning market. APAC will account for 45% of the market's growth during the forecast period. China and India are the key contributors to the online language learning market in the region. Moreover, market growth in this region will be faster than the growth of the market in other regions. The increasing enrollment of Asian students into foreign universities in North America and Europe and the emergence of Asia as a global hub for manufacturing and services will drive the online language learning market growth in APAC during the forecast period. Global online language learning market – Market dynamics Leading drivers - The cost benefits and flexibility of online language learning are driving the growth of the market. Online language learning programs do not have to incur costs associated with classroom space, equipment, and other physical amenities. The necessary software and hardware are the minimum requirements for an online language learning program. Other user benefits include easy registration, flexibility of timings, customized learning materials, live chats and forums, immediate feedback on quizzes and tests, and self-paced learning. Thus, the low cost of online language learning, coupled with its benefits, will drive the growth of the global online language learning market. Key trends - Artificial Intelligence (AI) in language learning is a key trend in the market. The adoption of AI in language learning reduces the time taken to learn a language when compared to traditional methods of language learning. The curriculum of online language learning platforms is customized as per the needs of learners. The implementation of AI in language learning is in the nascent stage. However, it is expected to gain traction during the forecast period. Major challenges - The threat from open sources is challenging the market's growth. The adoption of MOOCs is increasing globally. Coursera, edX, XuetangX, Udacity, and FutureLearn are some of the top MOOCs platforms in terms of the number of registered users. The providers of open sources of online language learning courses are collaborating with educational institutions. For instance, Duolingo is targeting India and China, which are among the biggest emerging markets for language learning. Thus, the growing collaborations between MOOC providers and educational institutions will hamper the growth of the global online language learning market. CAGR of the market during the forecast period Detailed information on factors that will drive the growth of the online language learning market between 2022 and 2026 Precise estimation of the size of the online language learning market and its contribution to the parent market Accurate predictions about upcoming trends and changes in consumer behavior Growth of the online language learning market across APAC, Europe, North America, South America, and Middle East and Africa A thorough analysis of the market's competitive landscape and detailed information about vendors Comprehensive analysis of factors that will challenge the growth of online language learning market vendors Gain instant access to 17,000+ market research reports. Related Reports: The size of the online tutoring services market in US is expected to increase by USD 27.85 billion from 2021 to 2026. This report extensively covers market segmentation by product (test preparation service and subject tutoring service) and end-user (higher education institutes and K-12 schools). The size of the online language learning market in US is expected to increase by USD 5.72 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 19.75%. This report extensively covers segmentation by product (course material, support, and apps) and end-user (individual learners and institutional learners). Online Language Learning Market Scope Report Coverage Exhibit 28: Data Table on Comparison by Language 5.3 English - Market size and forecast 2021-2026 Exhibit 29: Chart on English - Market size and forecast 2021-2026 ($ million) Exhibit 30: Data Table on English - Market size and forecast 2021-2026 ($ million) Exhibit 31: Chart on English - Year-over-year growth 2021-2026 (%) Exhibit 32: Data Table on English - Year-over-year growth 2021-2026 (%) 5.4 Mandarin - Market size and forecast 2021-2026 Exhibit 33: Chart on Mandarin - Market size and forecast 2021-2026 ($ million) Exhibit 34: Data Table on Mandarin - Market size and forecast 2021-2026 ($ million) Exhibit 35: Chart on Mandarin - Year-over-year growth 2021-2026 (%) Exhibit 36: Data Table on Mandarin - Year-over-year growth 2021-2026 (%) 5.5 Spanish - Market size and forecast 2021-2026 Exhibit 37: Chart on Spanish - Market size and forecast 2021-2026 ($ million) Exhibit 38: Data Table on Spanish - Market size and forecast 2021-2026 ($ million) Exhibit 39: Chart on Spanish - Year-over-year growth 2021-2026 (%) Exhibit 40: Data Table on Spanish - Year-over-year growth 2021-2026 (%) 5.6 Others - Market size and forecast 2021-2026 Exhibit 41: Chart on Others - Market size and forecast 2021-2026 ($ million) Exhibit 42: Data Table on Others - Market size and forecast 2021-2026 ($ million) Exhibit 43: Chart on Others - Year-over-year growth 2021-2026 (%) Exhibit 44: Data Table on Others - Year-over-year growth 2021-2026 (%) 5.7 Market opportunity by Language Exhibit 45: Market opportunity by Language ($ million) 6 Market Segmentation by Product 6.1 Market segments Exhibit 49: Data Table on Comparison by Product 6.3 Courses - Market size and forecast 2021-2026 Exhibit 50: Chart on Courses - Market size and forecast 2021-2026 ($ million) Exhibit 51: Data Table on Courses - Market size and forecast 2021-2026 ($ million) Exhibit 52: Chart on Courses - Year-over-year growth 2021-2026 (%) Exhibit 53: Data Table on Courses - Year-over-year growth 2021-2026 (%) 6.4 Solutions - Market size and forecast 2021-2026 Exhibit 54: Chart on Solutions - Market size and forecast 2021-2026 ($ million) Exhibit 55: Data Table on Solutions - Market size and forecast 2021-2026 ($ million) Exhibit 56: Chart on Solutions - Year-over-year growth 2021-2026 (%) Exhibit 57: Data Table on Solutions - Year-over-year growth 2021-2026 (%) 6.5 Apps - Market size and forecast 2021-2026 Exhibit 58: Chart on Apps - Market size and forecast 2021-2026 ($ million) Exhibit 59: Data Table on Apps - Market size and forecast 2021-2026 ($ million) Exhibit 60: Chart on Apps - Year-over-year growth 2021-2026 (%) Exhibit 61: Data Table on Apps - Year-over-year growth 2021-2026 (%) 6.6 Market opportunity by Product Exhibit 62: Market opportunity by Product ($ million) 7 Customer Landscape Exhibit 67: Data Table on Geographic comparison 8.3 APAC - Market size and forecast 2021-2026 Exhibit 68: Chart on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 69: Data Table on APAC - Market size and forecast 2021-2026 ($ million) Exhibit 70: Chart on APAC - Year-over-year growth 2021-2026 (%) Exhibit 71: Data Table on APAC - Year-over-year growth 2021-2026 (%) 8.4 Europe - Market size and forecast 2021-2026 Exhibit 72: Chart on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 73: Data Table on Europe - Market size and forecast 2021-2026 ($ million) Exhibit 74: Chart on Europe - Year-over-year growth 2021-2026 (%) Exhibit 75: Data Table on Europe - Year-over-year growth 2021-2026 (%) 8.5 North America - Market size and forecast 2021-2026 Exhibit 76: Chart on North America - Market size and forecast 2021-2026 ($ million) Exhibit 77: Data Table on North America - Market size and forecast 2021-2026 ($ million) Exhibit 78: Chart on North America - Year-over-year growth 2021-2026 (%) Exhibit 79: Data Table on North America - Year-over-year growth 2021-2026 (%) 8.6 South America - Market size and forecast 2021-2026 Exhibit 80: Chart on South America - Market size and forecast 2021-2026 ($ million) Exhibit 81: Data Table on South America - Market size and forecast 2021-2026 ($ million) Exhibit 82: Chart on South America - Year-over-year growth 2021-2026 (%) Exhibit 83: Data Table on South America - Year-over-year growth 2021-2026 (%) 8.7 Middle East and Africa - Market size and forecast 2021-2026 Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million) Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%) Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%) 8.8 China - Market size and forecast 2021-2026 Exhibit 88: Chart on China - Market size and forecast 2021-2026 ($ million) Exhibit 89: Data Table on China - Market size and forecast 2021-2026 ($ million) Exhibit 90: Chart on China - Year-over-year growth 2021-2026 (%) Exhibit 91: Data Table on China - Year-over-year growth 2021-2026 (%) 8.9 US - Market size and forecast 2021-2026 Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million) Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million) Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%) Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%) 8.10 India - Market size and forecast 2021-2026 Exhibit 96: Chart on India - Market size and forecast 2021-2026 ($ million) Exhibit 97: Data Table on India - Market size and forecast 2021-2026 ($ million) Exhibit 98: Chart on India - Year-over-year growth 2021-2026 (%) Exhibit 99: Data Table on India - Year-over-year growth 2021-2026 (%) 8.11 UK - Market size and forecast 2021-2026 Exhibit 100: Chart on UK - Market size and forecast 2021-2026 ($ million) Exhibit 101: Data Table on UK - Market size and forecast 2021-2026 ($ million) Exhibit 102: Chart on UK - Year-over-year growth 2021-2026 (%) Exhibit 103: Data Table on UK - Year-over-year growth 2021-2026 (%) 8.12 Spain - Market size and forecast 2021-2026 Exhibit 104: Chart on Spain - Market size and forecast 2021-2026 ($ million) Exhibit 105: Data Table on Spain - Market size and forecast 2021-2026 ($ million) Exhibit 106: Chart on Spain - Year-over-year growth 2021-2026 (%) Exhibit 107: Data Table on Spain - Year-over-year growth 2021-2026 (%) 8.13 Market opportunity by geography Exhibit 108: Market opportunity by geography ($ million) 9 Drivers, Challenges, and Trends 9.1 Market drivers Exhibit 109: Impact of drivers and challenges in 2021 and 2026 9.4 Market trends 10.3 Landscape disruption 10.4 Industry risks About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact
Voxy Frequently Asked Questions (FAQ)
When was Voxy founded?
Voxy was founded in 2010.
Where is Voxy's headquarters?
Voxy's headquarters is located at 632 Broadway, New York.
What is Voxy's latest funding round?
Voxy's latest funding round is Loan.
How much did Voxy raise?
Voxy raised a total of $28.68M.
Who are the investors of Voxy?
Investors of Voxy include Paycheck Protection Program, Contour Venture Partners, Rethink Education, Weld North, GSV Ventures and 14 more.
Who are Voxy's competitors?
Competitors of Voxy include Busuu and 5 more.
Compare Voxy to Competitors
iTutorGroup is an online education platform and English language learning institution, serving students that range from global business professionals to young children. Founded in 2004, iTutorGroup has educated students in 40 countries, and has hosted more than 10 million classroom sessions through its products, including VIPABC, TutorABC, TutorABC Jr., and TutorMing.
MindSnacks is creating a platform of multiplayer learning games across touch-based devices. The company's first app, MindSnacks Spanish, includes a variety of mini-games that teach vocabulary, writing, reading and listening skills to foreign language learners. MindSnacks is based in San Francisco, California.
Babbel, operated by Lesson Nine, offers a way to learn a foreign language that combines effective education methods with state-of-the-art technology. Interactive online courses will improve grammar, vocabulary and pronunciation skills. With the integrated speech recognition tool users can test and practice pronunciation directly in the browser. Babbel combines high-quality courses with modern technology. Content is developed specifically for every language and level of difficulty by a professional team of didacts, authors and language teachers. The app is data-driven and constantly learns from input generated by actual use.
Memrise is an online community that attempts to teach people languages through crowdsourcing. Memrise incorporates crowdsourcing Mems, or Mneumonic devices from its community and imparts them to users through online lessons involving animated gifs. Memrise uses a gardening metaphor to represent a student's journey.
VIPKid is an online education platform that connects Chinese children to one-on-one video teaching sessions with teachers based in North America, offering a real-time online English immersion learning experience. Lingo Bus is also an offering by VIPkid to teach Chinese to 5-12 year olds.
Open English is an online school created to reinvent the English-language-learning experience. Through live instruction with native English speaking teachers and multimedia learning materials, all provided over the Internet, Open English empowers students on their customized path to English fluency in a 12-month time period. The company was founded in 2006 and is based in Miami, Florida.
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