For Immediate Release
March 22, 2022
SAGE GROWTH CAPITAL MAKES FINAL FUND I INVESTMENT
IN NATIVE ENGLISH INSTITUTE, INC.
Sage Growth Capital announces its final investment from Fund I in Native English Institute (“NEI”). Founded in Seattle, NEI now has significant operations in Asia. Its clients are major Japanese corporations concentrated in pharmaceuticals, IT, and banking. These companies rely on NEI to train their employees in effective spoken English in each learner’s area of expertise.
The NEI Method is transforming language learning through a data-driven artificial intelligence (AI) and natural language processing (NLP) solution. At NEI, expert assessors develop each learner’s profile based on an initial interview. Machine learning is then used by the NEI recommender engine to match the best discussion topics and tasks to that learner’s unique profile. NEI’s track record is a 60% improvement in skill from “can’t do business in English” to level “Business OK” and above.
Native English Institute Founder, Frith Maier, says, “the support from Sage Growth Capital helps us to make an impact faster in a world where confident communication in English is critically important for businesses.”
Sage Growth Capital Managing Partner, Denise Dunlap, says, “We are pleased to make this investment in an exciting company that is using technology to improve teaching techniques. We are honored to be a partner in their continued growth. ”
For more information on Native English Institute, visit: ne.institute.
Sage Growth Capital makes revenue-based investments in companies at any stage who need growth capital. It is our mission to provide a more flexible funding option to growing companies who do not fit traditional equity or lending models. To learn more about Sage Growth Capital or to apply for funding visit: www.sagegrowthcapital.com.