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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
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.
People of Babbel
Unlock access to complete
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.
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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on tech companies
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Early to late-stage tech investments are made globally by REV.
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Venture capital firm focused on B2B companies
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Investor details for Babbel
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
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.
Investment portfolio details for Babbel
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- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| 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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Locked | Locked | 2019 | Locked | |
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Language learners are connected via gamified app for conversational practice.
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Locked | Locked | 2008 | Locked | |
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Digital transformation and software development company specializing in apps, virtual reality, and cloud computing
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Locked | Locked | 2005 | Locked |
Complete acquisition details for Babbel
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Babbel
Detailed financials for Babbel
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Babbel Comparisons
Peer comparison for Babbel
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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English language learning through online courses and tutoring
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Speech-recognition technology is utilized for language learning software solutions.
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Provider of an app-based platform to improve pronunciation and business communication
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Web-based conversational english language learning platform
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Languages are learned via crowdsourced content on an online platform.
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Detailed competitors of Babbel
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Babbel
Complete news archive for Babbel
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Babbel
Babbel was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Babbel is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Arne Schepker is the current CEO of Babbel.
Babbel is a funded company, having raised a total of $34.2M across 5 funding rounds to date.
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.
Babbel's top competitors include Voxy, Rosetta Stone and Lingumi.
Babbel offers Babbel App, Babbel Videos, Babbel Podcasts, and Babbel Magazine.
Babbel has made 3 acquisitions, including Ironbit, PlaySay (Now Babbel), and Toucan.
Babbel has 5 investors. Key investors include Scottish Equity Partners, REV, NGP Capital, IBB Ventures, and Kizoo.