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Cobalt Advises Rubylight on Investment in Language App Start-Up

Cobalt Advises Rubylight on Investment in Language App Start-Up

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Cobalt has advised the Rubylight technology investment fund on its participation Tandem's USD 5.7 million Series A round of financing, which also included investors Brighteye Ventures, Trind Ventures, and GPS Ventures.

According to Cobalt, Tandem, which is based in Berlin, "is an app for practicing a second language with a focus on native speaker practice. The app connects users with others who are trying to learn their language for mutual practice either via text, phone chat, or video call."

Cobalt's team consisted of Partner Kristel Raidla-Talur and Senior Associate Greete-Kristiine Kuru.

Cobalt did not reply to our inquiry on the matter.

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