About Memrise
Memrise is a company based in London (United Kingdom) founded in 2010 by Ben Whately. Memrise has raised $24.98 million across 7 funding rounds from investors including Lerer Hippeau, Techstars and Balderton Capital. Memrise operates in a competitive market with competitors including Babbel, Rosetta Stone, Learnlight, Lingvist and Ponddy Education, among others.
- Headquarter London, United Kingdom
- Founders Ben Whately
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Sectors
Education
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Phone
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Website
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Social
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- Legal Name Memrise Limited
- Date of Incorporation 08 Dec, 2010
- 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
$24.98 M (USD)
in 7 rounds
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Latest Funding Round
$15.5 M (USD), Series B
Jun 08, 2018
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Investors
Lerer Hippeau
& 9 more
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Employee Count
Not available
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Funding Insights of Memrise
Memrise has successfully raised a total of $24.98M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $15.5 million completed in June 2018. 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 Memrise
Memrise has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Lerer Hippeau, Techstars and Balderton Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment and support for founders in technology and health sectors.
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Venture capital firm focused on investing in tech startups
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Seed and early-stage venture capital is provided to US companies.
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Investor details for Memrise
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Investments & Acquisitions by Memrise
Investment portfolio details for Memrise
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Financial Statements - Memrise
Detailed financials for Memrise
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Memrise Comparisons
Peer comparison for Memrise
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Competitors of Memrise
Memrise 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 Babbel, Rosetta Stone, Learnlight, Lingvist and Ponddy Education, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS-based language learning solutions are offered through interactive courses.
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Speech-recognition technology is utilized for language learning software solutions.
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Learning management systems and enterprise courses are provided.
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Data-driven adaptive language learning is delivered via SaaS and apps.
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AI-based platform for educators to create and deliver language learning programs
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Detailed competitors of Memrise
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Latest news on Memrise
Complete news archive for Memrise
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Frequently Asked Questions about Memrise
Memrise was founded in 2010.
Memrise is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Steven Toy is the current CEO of Memrise.
Memrise is a funded company, having raised a total of $24.98M across 7 funding rounds to date.
Memrise was founded in 2010 in London, United Kingdom, as an online platform focused on language learning within the edtech sector. Content is crowdsourced from a community of users and delivered through audio and images. Memory association techniques are utilized to link words for better recall, supplemented by regular tests to reinforce concepts. Operations center on user-generated materials for interactive education.
Memrise's top competitors include Babbel, Rosetta Stone and Lingvist.
Memrise has 10 investors. Key investors include Lerer Hippeau, Techstars, Balderton Capital, Octopus Ventures, and Korelya Capital.