About Babbel
Babbel is a company based in Berlin (Germany) founded in 2007 by Lorenz Heine, Markus Witte, and Thomas Holl.. Babbel has raised $34.2 million across 5 funding rounds from investors including Scottish Equity Partners, REV and NGP Capital. Babbel has completed 3 acquisitions, including Ironbit, PlaySay (Now Babbel) and Toucan. Babbel offers products and services including Babbel App, Babbel Videos, Babbel Podcasts, and Babbel Magazine. Babbel operates in a competitive market with competitors including Voxy, Rosetta Stone, Blue Canoe, EnglishCentral and Memrise, among others.
- Headquarter Berlin, Germany
- Founders Lorenz Heine, Markus Witte, Thomas Holl
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Sectors
EducationTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Babbel Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.2 M (USD)
in 5 rounds
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Latest Funding Round
$22 M (USD), Series C
Jul 08, 2015
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Investors
Scottish Equity Partners
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
Ironbit
& 2 more
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Products & Services of Babbel
Babbel offers a comprehensive portfolio of products and services, including Babbel App, Babbel Videos, Babbel Podcasts, and Babbel Magazine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Interactive app for language lessons and speech practice tools.
Videos exploring language facts and cultural aspects.
Podcasts on language secrets and local cultures.
Articles providing language tips and global stories.
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Finance and Accounting
8 people
Leadership Team
4 people
Senior Team
2 people
Accounts Team
1 people
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Funding Insights of Babbel
Babbel has successfully raised a total of $34.2M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $22 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $22.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series C - Babbel | Valuation | Scottish Equity Partners | |
| Mar, 2013 | Amount | Series B - Babbel | Valuation | REV | |
| Oct, 2009 | Amount | Grant - Babbel | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Babbel
Babbel has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Scottish Equity Partners, REV and NGP Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on tech companies
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Founded Year | Domain | Location | |
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Early to late-stage tech investments are made globally by REV.
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Babbel
Babbel has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Ironbit, PlaySay (Now Babbel) and Toucan. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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New skills are learned via a Chrome extension during browsing.
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2019 | ||||
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Language learners are connected via gamified app for conversational practice.
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2008 | ||||
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Digital transformation and software development company specializing in apps, virtual reality, and cloud computing
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Babbel
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Babbel Comparisons
Competitors of Babbel
Babbel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Voxy, Rosetta Stone, Blue Canoe, EnglishCentral and Memrise, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
Speech-recognition technology is utilized for language learning software solutions.
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| domain | founded_year | HQ Location |
Provider of an app-based platform to improve pronunciation and business communication
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| domain | founded_year | HQ Location |
Web-based conversational english language learning platform
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| domain | founded_year | HQ Location |
Languages are learned via crowdsourced content on an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Babbel
Frequently Asked Questions about Babbel
When was Babbel founded?
Babbel was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Babbel located?
Babbel is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Who is the current CEO of Babbel?
Arne Schepker is the current CEO of Babbel.
Is Babbel a funded company?
Babbel is a funded company, having raised a total of $34.2M across 5 funding rounds to date. The company's 1st funding round was a Grant of $1.5M, raised on Jul 29, 2008.
What does Babbel do?
Babbel was founded in 2007 in Berlin, Germany, as a provider of SaaS-based language learning platforms in the edtech sector. Courses on various languages are structured into brief lessons focused on grammar and vocabulary exercises, created by native linguists and educators. A voice recognition feature is integrated to provide feedback on pronunciation accuracy. The platform is accessible via web browsers, iOS, and Android devices.
Who are the top competitors of Babbel?
Babbel's top competitors include Voxy, Rosetta Stone and Lingumi.
What products or services does Babbel offer?
Babbel offers Babbel App, Babbel Videos, Babbel Podcasts, and Babbel Magazine.
How many acquisitions has Babbel made?
Babbel has made 3 acquisitions, including Ironbit, PlaySay (Now Babbel), and Toucan.
Who are Babbel's investors?
Babbel has 5 investors. Key investors include Scottish Equity Partners, REV, NGP Capital, IBB Ventures, and Kizoo.
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