Babbel

company

About

Babbel is the market-leading app for language learning.

Details

Last Funding Type
Grant
Last Funding Money Raised
$1.30M
Industries
Corporate Training,E-Learning,EdTech,Language Learning,Mobile Apps,Personal Development
Founded date
Aug 1, 2007
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Lesson Nine GmbH

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$33.30M
Babbel has raised a total of $33.30M in funding over 2 rounds. Their latest funding was raised on Jul 8, 2015 from a Series C round.
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

Investors

Number of Lead Investors
Number of Investors
3
8
Babbel is funded by 8 investors. Scottish Equity Partners and IBB Ventures are the most recent investors.
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

Employee Profiles

Number of Employee Profiles
19
Babbel has 19 current employee profiles, including Executive Geoff Stead
Executive
Executive
Executive
Employee
Employee

Acquisition

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