Busuu Overview
- Year Founded
-
2008
- Status
-
Acquired/Merged
- Employees
-
241
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$488M
Busuu General Information
Description
Developer of a language learning platform designed to offer varied vocabulary training courses. The company's platform offers courses in 12 different languages on the web and mobile created by experts, powered by smart learning technology, enabling students to learn any language effortlessly.
Contact Information
Website
www.busuu.com(Operating Subsidiary)
Corporate Office
- Broadwalk House
- 5 Appold Street
- London EC2A 2AG
- England, United Kingdom
Corporate Office
- Broadwalk House
- 5 Appold Street
- London EC2A 2AG
- England, United Kingdom
Busuu Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 29-Nov-2021 | $488M | Completed | Generating Revenue | ||
| 8. Later Stage VC | 27-May-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series C) | 24-Mar-2017 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 15-Jul-2015 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 15-Jan-2015 | Completed | Generating Revenue | |||
| 4. Later Stage VC | 12-Dec-2014 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 20-Oct-2012 | Completed | Startup | |||
| 2. Angel (individual) | 21-Apr-2011 | Completed | Startup | |||
| 1. Angel (individual) | 25-Feb-2010 | Completed | Startup |
Busuu Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Class C | ||||||||
| Class A | 38,486 | $1.089420 | $141.53 | $141.53 | 1x | $141.53 | 8.19% | |
| Ordinary | 7,872 | $1.089420 | $146.23 | $146.23 | 1x | $146.23 | 1.68% |
Busuu Comparisons
Industry
Financing
Details
Busuu Competitors (38)
One of Busuu’s 38 competitors is Lingualeo, a Formerly VC-backed company based in Moscow, Russia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Lingualeo | Formerly VC-backed | Moscow, Russia | ||||
| LingQ | Corporation | West Vancouver, Canada | ||||
| eSpark Learning | Private Equity-Backed | Wilmington, DE | ||||
| Cricket eLearning | Formerly VC-backed | New York, NY | ||||
| Duolingo | Formerly VC-backed | Pittsburgh, PA |
Busuu Patents
Busuu Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| GB-201710030-D0 | Busuu 3 | Inactive | 22-Jun-2017 | ||
| GB-201402611-D0 | Busuu 2 uk | Inactive | 14-Feb-2014 | ||
| GB-201320861-D0 | Busuu | Inactive | 26-Nov-2013 |
Busuu Signals
Busuu Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ACE Ventures (Geneva) | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Bullhound Capital | Venture Capital | Minority | ||
| Hansmann Family Office | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Busuu Acquisitions (1)
Busuu’s most recent deal was a Merger/Acquisition with Verbling. The deal was made on 23-Jan-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Verbling | 23-Jan-2020 | Merger/Acquisition | Educational and Training Services (B2C) |
Busuu Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Verbling | Walnut, CA | 2011 |
Busuu FAQs
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When was Busuu founded?
Busuu was founded in 2008.
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Where is Busuu headquartered?
Busuu is headquartered in London, United Kingdom.
-
What is the size of Busuu?
Busuu has 241 total employees.
-
What industry is Busuu in?
Busuu’s primary industry is Educational Software.
-
Is Busuu a private or public company?
Busuu is a Private company.
-
What is the current valuation of Busuu?
The current valuation of Busuu is .
-
What is Busuu’s current revenue?
The current revenue for Busuu is .
-
How much funding has Busuu raised over time?
Busuu has raised $30.2M.
-
Who are Busuu’s investors?
ACE Ventures (Geneva), , Bullhound Capital, Hansmann Family Office, and are 5 of 11 investors who have invested in Busuu.
-
Who are Busuu’s competitors?
Lingualeo, LingQ, eSpark Learning, Cricket eLearning, and Duolingo are some of the 38 competitors of Busuu.
-
When was Busuu acquired?
Busuu was acquired on 29-Nov-2021.
-
Who acquired Busuu?
Busuu was acquired by Chegg.
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