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
-
Sectors
Education
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Memrise Limited
- Date of Incorporation 08 Dec, 2010
- Jurisdiction LONDON, ENGLAND
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$24.98 M (USD)
in 7 rounds
-
Latest Funding Round
$15.5 M (USD), Series B
Jun 08, 2018
-
Investors
Lerer Hippeau
& 9 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $15.5M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series B - Memrise | Valuation | Octopus Ventures , Korelya Capital | |
| Feb, 2017 | Amount | Series A - Memrise | Valuation |
investors |
|
| Dec, 2012 | Amount | Series A - Memrise | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Venture capital investment and support for founders in technology and health sectors.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on investing in tech startups
|
Founded Year | Domain | Location | |
|
Seed and early-stage venture capital is provided to US companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Memrise
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Memrise
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Memrise Comparisons
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. 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 |
SaaS-based language learning solutions are offered through interactive courses.
|
|
| domain | founded_year | HQ Location |
Speech-recognition technology is utilized for language learning software solutions.
|
|
| domain | founded_year | HQ Location |
Learning management systems and enterprise courses are provided.
|
|
| domain | founded_year | HQ Location |
Data-driven adaptive language learning is delivered via SaaS and apps.
|
|
| domain | founded_year | HQ Location |
AI-based platform for educators to create and deliver language learning programs
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Memrise
Frequently Asked Questions about Memrise
When was Memrise founded?
Memrise was founded in 2010.
Where is Memrise located?
Memrise is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Memrise?
Steven Toy is the current CEO of Memrise.
Is Memrise a funded company?
Memrise is a funded company, having raised a total of $24.98M across 7 funding rounds to date. The company's 1st funding round was a Series A of $5.14M, raised on Sep 01, 2010.
What does Memrise do?
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.
Who are the top competitors of Memrise?
Memrise's top competitors include Babbel, Rosetta Stone and Lingvist.
Who are Memrise's investors?
Memrise has 10 investors. Key investors include Lerer Hippeau, Techstars, Balderton Capital, Octopus Ventures, and Korelya Capital.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.