Toucan

Santa Monica, CA, USA Education Technology Acquired

Toucan is a language-learning browser extension that teaches users a new language passively while they browse the web. The Chrome extension scans the text of websites and translates select words into the language the user is learning, providing contextual practice without flashcards or dedicated study sessions. Founded in 2019 by Taylor Nieman, Brandon Dietz, and Shaun Merritt and headquartered in Santa Monica, California, Toucan raised roughly $30M across seed and Series A rounds from investors including GSV Ventures, LightShed Ventures, Human Ventures, Goodwater Capital, Wonder Ventures, Halogen Ventures, Vitalize Venture Capital, Amplifyher Ventures, and Golden Ventures. The company wound down operations in early 2023 and its technology was acquired by Berlin-based language-learning company Babbel in September 2023, with the product continuing under the 'Toucan by Babbel' brand and former paid features moved into a free tier.

Acquired

Toucan has been acquired

Acquired by Babbel September 19, 2023 Undisclosed

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2019

Employees

11–50

Total Funding

$27.5M

3 rounds

Funding

Total raised $27.5M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series A

Date

April 8, 2022

Amount

$20M

Valuation

Lead Investors

Human Ventures
DateRoundAmount RaisedValuationLead Investors
April 8, 2022 Series A $20M Human Ventures
April 27, 2021 Seed extension $4.5M LightShed Ventures
September 2020 Seed $3M GSV Ventures

Prominent Investors

LightShed Ventures Next Play Ventures Concrete Rose Capital GingerBread Capital Form Capital Goodwater Capital Spacecadet Ventures GTMFund Baron Davis Enterprises Human Ventures gsv.ventures amplifyherventures.com Vitalize Venture Capital Goodwater Capital Vitalize Amplifyher Ventures GSV Ventures Human Ventures Baron Davis Enterprises GTMfund Hampton VC Form Capital Ginger Bread Capital Concrete Rose Capital Next Play Ventures Light Shed Ventures Spacecadet Ventures

Leadership

  • Taylor Nieman

    Co-Founder & CEO

  • Brandon Dietz

    Co-Founder

  • Shaun Merritt

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Babbel

    Berlin-based subscription language-learning app and Toucan's eventual acquirer; offers app-based courses across 14 languages.

  • Duolingo

    Publicly traded gamified language-learning platform and the largest consumer language-learning app globally.

  • Rosetta Stone

    Long-established language-learning software company offering immersive courses across desktop and mobile.

  • Busuu

    Online language-learning community and app offering structured courses plus peer feedback; acquired by Chegg in 2022.

  • Memrise

    Language-learning app focused on video-based real-world vocabulary practice with native speakers.

  • Drops

    Visual, gamified language-learning mobile app acquired by Kahoot in 2020.

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