Hallo and Literal, both ed tech companies that have created iOS and Android based apps as their main product offering, have secured additional funding to expand marketing opportunities and fund additional hires to fuel growth.Continue reading
Forbes Says Hello to Hallo After a Successful Raise of $1.4 Million
Forbes recently released an article congratulating Hallo on a successful raise of $1.4 Million.
Article author, Fredrick Daso, wrote, “Language has proven to be both an obstacle and a conduit towards integrating oneself among a foreign nation. Dent and Beh saw the chasm between these linguistic worlds and built a bridge called Hallo to connect them. Hallo bills itself as the ‘future of language learning,’ allowing native English speakers to teach users through the startups smartphone app. Founded in April 2017, the Provo, Utah-based company has recently raised a $1.4 million seed from Kickstart as the lead investor with participation from RevRoad and Tamarak.”
Recognizing the $60 billion global language learning market that is up for grabs, Forbes highlighted the innovative ways Hallo teaches English to language learners across the globe.
Read the full article here.
Portfolio Company Growth Series: Hallo
Hallo officially joined RevRoad in January 2019. Since then, their app has over 300k downloads and average 2.5M monthly viewers…Continue reading
RevRoad’s Portfolio Supports Two Companies in the Startup World Cup Regional Finals
On Thursday, January 30th, Startup World Cup held their final round for the Utah region. This highly competitive pitch-off took place on the main stage at the Silicon Slopes Tech Summit . After reviewing over 100 applicants, 10 companies were selected to advance to the final round. Among the finalists were Hallo and Savology, two outstanding companies in RevRoad’s portfolio.
The judges panel highlighted some of Utah’s most respected including:
Vanessa Quigley: Chatbooker-in-chief at Chatbooks.com
Karl Sun: Co-Founder and CEO at Lucid Software
Sam Stoddard: CEO at SimpleCitizen
Gavin Christensen: Founder and Managing Partner at Kickstart Seed Fund
Kat Kennedy: Chief Experience Officer (CXO) at Degreed
Each company had the chance to present a 5 minute pitch followed by a 2 minute Q&A with the judges panel. The excitement and anticipation from each participating company was evident.
Third to present, Hallo brought energy and competition by including their organically grown audience numbers which land at 10,000 new weekly users and 400,000 total users. They continued to impress the judges by including a live product demonstration of their unique live language learning platform.
Immediately following Hallo, Savology took the stage. Highlighting growth since their December launch, Savology outlined their solution for the lack of financial direction among millennials and rising generations.
“This is great representation from RevRoad. In addition to making a good showing in front of the judges, each company that participated used the event as an opportunity to meet with other investors and business leaders in the Utah entrepreneurial ecosystem.Derrin Hill – CEO at RevRoad
Both Hallo and Savology demonstrated extreme professionalism as they delivered their polished 5 minute pitches and gave exceptional answers during the judges Q&A portion. Though neither were selected to progress to the Grand Finalé event in Silicon Valley, both received incredible feedback and exposure through their participation in the event.
RevRoad is proud of the hard work, grit and innovative drive of the entrepreneurs in our family of companies, and we look forward to big things in the future.
Congratulations to the competition winner, Axon Optics––we wish them luck at the Grand Finalé event. A special thanks to Silicon Slopes, Startup World Cup, the judges panel, and supporting community groups for including Utah’s startup community in this competition.
Learn more about Hallo here.
Learn more about Savology here.
Have a startup? Learn more about how to become part of RevRoad’s portfolio here.