About Busuu
Busuu is a company based in London (United Kingdom) founded in 2008 by Bernhard Niesner was acquired by Chegg in November 2021. Busuu has raised $11.17 million across 5 funding rounds from investors including McGraw Hill, Chegg and GP Bullhound. Busuu has completed 1 acquisition, including Verbling. Busuu operates in a competitive market with competitors including Tandem, Speak, Lingoda, Verbling and Cakap, among others.
- Headquarter London, United Kingdom
- Founders Bernhard Niesner
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Busuu Limited
- Date of Incorporation 08 Aug, 2012
- Jurisdiction LONDON, ENGLAND
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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
$11.17 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
McGraw Hill
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Chegg
(Nov 29, 2021)
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People of Busuu
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Funding Insights of Busuu
Busuu has successfully raised a total of $11.17M across 5 strategic funding rounds. 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 Busuu
Busuu has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include McGraw Hill, Chegg and GP Bullhound.
| Investor | Description | Founded Year | Domain | Location |
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M&A and strategic advisory firm
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Locked | Locked | Locked | |
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VC firm investing in Europe
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Educational materials and adaptive learning tools are provided for students.
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Locked | Locked | Locked |
Investor details for Busuu
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Busuu
Busuu has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Verbling.
Investment portfolio details for Busuu
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Offering solutions for live video language learning
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Locked | Locked | 2011 | Locked |
Complete acquisition details for Busuu
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Busuu
Detailed financials for Busuu
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- Historical revenue
- Profit trends
- Statement rows
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Busuu Comparisons
Peer comparison for Busuu
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- Named peers
- Headcount comparison
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Competitors of Busuu
Busuu 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 Tandem, Speak, Lingoda, Verbling and Cakap, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
A language learning app facilitating user-driven conversation exchanges.
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| Locked | Locked | Locked |
Speak is recognized as an AI-driven language learning application.
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| Locked | Locked | Locked |
Online language tutoring is delivered via native speakers.
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Offering solutions for live video language learning
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Multiple languages are taught via online SaaS and app platform.
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Detailed competitors of Busuu
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Latest news on Busuu
Complete news archive for Busuu
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Busuu
Busuu was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Busuu is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Bernhard Niesner is the current CEO of Busuu. They have also founded this company.
Busuu is a funded company, having raised a total of $11.17M across 5 funding rounds to date.
Busuu was founded in 2008 in London, United Kingdom, as a mobile-based platform in the edtech sector focused on language acquisition. Audio-visual courses in multiple languages are accessed by users, while skills are practiced through community interactions with native speakers via video chat and peer text corrections. An app for children and professional business courses are also offered, with the mobile application available on Android and iOS devices.
Busuu has made 1 acquisition, including Verbling.
Busuu has 4 investors. Key investors include McGraw Hill, Chegg, GP Bullhound, and PROfounders Capital Partners.