ALTHAUS Group experts provided a range of services including pre-investment financial, tax and legal due diligence of the object.
Allright.io is an online English school for children from 4 to 12 years. The service provides individual lessons with private tutors. The company was founded in late 2017. The service counts over 1 700 active students per month and 150 tutors from all the continents who have already held over 70 000 lessons.
The primary objective of our team was to protect Buran VC’s interest in investing into a rapidly developing company.
«We are delighted to support Allright.io in their socially important activity of educating kids and strongly believe that they are capable to achieve ambitious goals. The way kids learn is rapidly evolving and Allright.io is well positioned to disrupt the English teaching industry. Our previous experience in the online education sector makes us confident that the large size of the market coupled with low level of technology adoption leaves plenty of room for development of online services» – says Mihaly Szalontay, Managing Partner at Buran Venture Capital.
ALTHAUS Group is a leading Russian consulting company with more than 200 professionals in the field of finance, taxes, law, appraisal, and engineering. It is the exclusive partner of the global network WTS Global in Russia.