Babbel - About the company
Babbel is a series C company based in Berlin (Germany), founded in 2007 by Thomas Holl, Lorenz Heine and Toine Diepstraten. It operates as a Provider of SaaS-based language learning solutions. Babbel has raised $34.2M in funding from investors like Scottish Equity Partners, Kizoo and REV. The company has 1156 active competitors, including 39 funded and 18 that have exited. Its top competitors include companies like Duolingo, Rosetta Stone and SpeakBUDDY.
Company Details
Provider of SaaS-based language learning solutions. It offers courses on multiple languages that are divided into short lessons comprising grammar and vocabulary exercises. Its courses are developed by a team of native linguists and teachers. Its application comes with a voice recognition system that tells the user when words are not spoken correctly. It is compatible with web, iOS, and Android devices.
- Website
- www.babbel.com/
- Email ID
- *****@babbel.com
- Phone Number
- +49 **********
Key Metrics
Founded Year
2007
Location
Berlin, Germany
Stage
Series C
Total Funding
$34.2M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 1156 active competitors
Employee Count
1,127 as on Apr 30, 2026
Legal entities associated with Babbel
Babbel is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Babbel GmbH CIN: HRB110215 , Germany, Active | Nov 01, 2007 | - | 519 (As on Dec 31, 2020) | |
Babbel Group AG CIN: HRB228641 , Germany, Active | Apr 21, 2021 | - | - | |
Babbel Group AG CIN: HRB228641 , Germany, Active | Apr 21, 2021 | - | - |
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Babbel's funding and investors
Babbel has raised a total funding of $34.2M over 5 rounds. Its first funding round was on Jul 29, 2008. Its latest funding round was a Series C round on Jul 08, 2015 for $*****. 4 investors participated in its latest round. Babbel has 6 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Babbel:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 08, 2015 | 4466647 | Series C | 9125454 | 2240388 | 1930394 | 3871188 |
Mar 26, 2013 | 4188331 | Series B | 1525226 | 5953021 | 4718301 | |
Oct 22, 2009 | 9596001 | Grant (prize money) | 2579755 | 4550095 | 4980732 | 2568818 |
View details of Babbel's funding rounds and investors
Babbel's founders and board of directors
Founder? Claim ProfileThe founders of Babbel are Thomas Holl, Lorenz Heine and Toine Diepstraten. Tina Ramamurthy and Arne Schepker are the CEOs of Babbel.
Here are the details of Babbel's key team members:
- Thomas Holl: Co-Founder & Managing Director of Babbel and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.Contact Info: 3 email addresses
- Lorenz Heine: Co-Founder of Babbel. They serve on the board of 1 company.
- Toine Diepstraten: co-founder, R&D, IT-Manager of Babbel and founder of 2 other companies, AIME and Mikrosonic.
Babbel's Board of Directors
Babbel's board has 1 active member. Arne Schepker is part of team.Here is the list of Babbel's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 8m | |
hzynpxk | Team | - | Past | 8y 6m |
pnpxxjn | Team | - | Past | 4y 1m |
lfcymtk | Team | - | Past | 1y 6m |
View details of Babbel's Founder profiles and Board Members
Babbel's employee count trend
Babbel has 1,127 employees as of Apr 26. Here is Babbel's employee count trend over the years:
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Babbel's Competitors and alternates
Top competitors of Babbel include Duolingo, Rosetta Stone and SpeakBUDDY. Here is the list of Top 10 competitors of Babbel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Duolingo 2011, Pittsburgh (United States), Public | Developer of a platform providing gamified language learning courses | $183M | 87/100 | |
2nd | Provider of SaaS-based language learning solutions | $34.2M | 76/100 | ||
3rd | Rosetta Stone 1992, Arlington (United States), Acquired | Provider of speech-recognition based language learning software solution | $62M | 75/100 | |
4th | SpeakBUDDY 2013, Chuo (Japan), Seed | AI-based English language learning solutions | $10.7M | 62/100 | |
5th | Voxy 2010, New York City (United States), Series B | English language learning through online courses and tutoring | $39M | 60/100 | |
6th | SaaS and app-based platform offering data-driven adaptive language learning solutions | $16.1M | 60/100 | ||
7th | Lingumi 2015, London (United Kingdom), Acquired | Pre-school English language learning through the interactive device | $7.68M | 59/100 | |
8th | EnglishCentral 2008, Lexington (United States), Series B | Web-based conversational english language learning platform | $5.8M | 59/100 | |
9th | BeConfident 2023, Sao Paulo (Brazil), Series A | AI-powered language learning platform | $16.3M | 58/100 | |
10th | Memrise 2010, London (United Kingdom), Series B | Online learning platform mainly for languages | $25.3M | 55/100 |
Looking for more details on Babbel's competitors? Click here to see the top ones
Babbel's Investments and acquisitions
Babbel has acquired 3 companies including Toucan, Ironbit and PlaySay (Now Babbel). Babbel has not made any investments as of now.Here is the list of its acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 19, 2023 | Acquisition | 2019 | Santa Monica (United States) | |
Aug 28, 2023 | Acquisition | 2005 | Miguel Hidalgo (Mexico) | |
Mar 21, 2013 | Acquisition | 2008 | San Francisco (United States) |
See all acquisitions by Babbel
Reports related to Babbel
Here is the latest report on Babbel's sector:
News related to Babbel
Media has covered Babbel for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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Babbel co-founder Markus Witte will once again run the company, replacing CEO Arne SchepkerTechCrunch+•Oct 11, 2024•Babbel
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Babbel expands language learning ecosystem with Toucan acquisitionTech.eu•Sep 19, 2023•Babbel, Toucan
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Babel acquires the Mexican technology consultancy Ironbit and advances in its international expansion planEl Confidencial Digital•Aug 28, 2023•Babbel, Ironbit
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Babble makes triple M&A swoop | ITEuropaIT Europa•Jul 25, 2023•Babbel, Nteinc, Talktech, Unicomm and 2 others
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SumUp appoints a new CFO, Hermione McKee joins the fintech from BabbelTech.eu•Jun 06, 2023•SumUp, Babbel
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Renovata & Company Recruits Chief Learning Experience Officer for BabbelHunt Scanlon•Jun 02, 2023•Renovata, Babbel
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