Babbel Overview
- Year Founded
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2007
- Status
-
Private
- Employees
-
1,384
- Latest Deal Type
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2ndary - Private
- Investors
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10
Babbel General Information
Description
Developer of a language learning application designed to help learn and speak different languages. The company's application offers lessons, regular review sessions, and sync progress across devices, so that it is easier for users to get pronunciation on point with integrated speech recognition technology, enabling people to learn a language anytime, anywhere on their desktop, smartphone or tablet.
Contact Information
Website
www.babbel.comCorporate Office
- Andreasstraße 72
- 10243 Berlin
- Germany
Corporate Office
- Andreasstraße 72
- 10243 Berlin
- Germany
Babbel Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Secondary Transaction - Private | 27-Aug-2024 | Completed | Profitable | |||
6. IPO | 07-Sep-2021 | Postponed | Profitable | |||
5. Later Stage VC (Series C) | 13-May-2015 | Completed | Profitable | |||
4. Later Stage VC (Series B) | 26-Mar-2013 | Completed | Profitable | |||
3. Accelerator/Incubator | 14-Sep-2011 | Completed | Profitable | |||
2. Grant | 01-Jan-2009 | $1.36M | $2.2M | Completed | Startup | |
1. Early Stage VC | 01-Nov-2008 | $2.2M | $2.2M | Completed | Startup |
Babbel Comparisons
Industry
Financing
Details
Babbel Competitors (32)
One of Babbel’s 32 competitors is Hello Learner, a Venture Capital-Backed company based in Jaipur, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Hello Learner | Venture Capital-Backed | Jaipur, India | ||||
Lingosmio | Formerly Accelerator/Incubator backed | Bhopal, India | ||||
Busuu | Formerly VC-backed | London, United Kingdom | ||||
EnglishCentral | Venture Capital-Backed | Wilmington, DE | ||||
Memrise | Venture Capital-Backed | London, United Kingdom |
Babbel Signals
Babbel Investors (10)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Scottish Equity Partners | Growth/Expansion | Minority | ||
Tony Askew | Angel (individual) | Minority | ||
IBB Ventures | Venture Capital | Minority | ||
REV Venture Partners | Corporate Venture Capital | Minority | ||
European Regional Development Fund (Brandenburg) | Government |
Babbel Acquisitions (4)
Babbel’s most recent deal was a Merger/Acquisition with Toucan (Educational Software). The deal was made on 18-Sep-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Toucan (Educational Software) | 18-Sep-2023 | Merger/Acquisition | Educational Software | ||
LingoVentura | 30-Nov-2018 | Merger/Acquisition | Educational and Training Services (B2C) | ||
PlaySay | 21-Mar-2013 | Merger/Acquisition | Educational Software | ||
FriendsAbroad | 06-Nov-2008 | Merger/Acquisition | Educational and Training Services (B2C) |
Babbel Subsidiaries (2)
Company Name | Industry | Location | Founded |
---|---|---|---|
Toucan (Educational Software) | Educational Software | Los Angeles, CA | 2019 |
LingoVentura | Educational and Training Services (B2C) | Berlin, Germany |
Babbel FAQs
-
When was Babbel founded?
Babbel was founded in 2007.
-
Where is Babbel headquartered?
Babbel is headquartered in Berlin, Germany.
-
What is the size of Babbel?
Babbel has 1,384 total employees.
-
What industry is Babbel in?
Babbel’s primary industry is Educational and Training Services (B2C).
-
Is Babbel a private or public company?
Babbel is a Private company.
-
What is Babbel’s current revenue?
The current revenue for Babbel is
. -
How much funding has Babbel raised over time?
Babbel has raised $37.3M.
-
Who are Babbel’s investors?
Scottish Equity Partners, Tony Askew, IBB Ventures, REV Venture Partners, and European Regional Development Fund (Brandenburg) are 5 of 10 investors who have invested in Babbel.
-
Who are Babbel’s competitors?
Hello Learner, Lingosmio, Busuu, EnglishCentral, and Memrise are some of the 32 competitors of Babbel.
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