Babbel is the market-leading app for language learning.
Babbel was founded in 2007, Babbel is the world’s first language learning app. A leader in the online language learning industry, Babbel is an international success with millions of active subscribers and ranked as the world’s #1 innovative company in education. Their meticulously designed courses guarantee you language skills you can use right away. Babbel is the shortest path to real-life conversations; 73% of their users indicated that they’d be able to have a short, simple conversation in their new language within five hours of using Babbel.The Babbel language learning app for web, iOS and Android makes it easy to learn 14 different languages from 7 display languages. Bite-sized lessons fit into everyday life and are split into useful real-world topics, from introducing oneself, to ordering food and making travel arrangements. The app’s effective game mechanics ensure that learners stay motivated to achieve their goals, with the average user continuing to learn with Babbel for more than 12 months. Uniquely, every course is created specifically for each language pair by a team of education experts, linguists and language teachers. Fast Company Magazine recognised Babbel as the most innovative education company of 2016.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 8, 2015 | Series C | $22M | 5 | Scottish Equity Partners | — | Detail |
Mar 26, 2013 | Series B | $10M | 4 | REV | — | Detail |
Jan 5, 2009 | Grant | $1.30M | 1 | — | — | Detail |
Jul 28, 2008 | Seed | — | 2 | KIZOO Technology Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Scottish Equity Partners | Yes | Series C |
IBB Ventures | — | Series C |
NGP Capital | — | Series C |
REV | — | Series C |
VC Fonds Technologie Berlin | — | Series C |
KIZOO Technology Capital | — | Series B |
European regional development fund (ERDF) | — | Grant |
Investitionsbank Berlin | — | Seed |
Babbel has acquired 3 organizations. Their most recent acquisition was FriendsAbroad on Nov 6, 2008. They acquired FriendsAbroad for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Nov 6, 2008
FriendsAbroad
|
Communities | — | — | Detail |
Mar 21, 2013
PlaySay
|
Apps | — | — | Detail |
Nov 30, 2018
LingoVentura
|
Language Learning | acquisition | — | Detail |