Busuu - About the company
Busuu is an acquired company based in London (United Kingdom), founded in 2008 by Bernhard Niesner. It operates as a Mobile-based platform providing social networking solutions for learning languages. Busuu has raised $11.2M in funding from GP Bullhound and McGraw Hill. The company has 698 active competitors, including 69 funded and 20 that have exited. Its top competitors include companies like Open English, 51Talk and Tandem.
Company Details
Mobile-based platform providing social networking solutions for learning languages. The platform enables users to access audio-visual language courses in multiple languages. The platform also enables users to practice language skills with native speakers of the community via an integrated video-chat application and peer-to-peer text corrections. Also offers an app for kids to learn languages and courses for business professionals. Its mobile app is available for Android & iOS devices.
- Website
- www.busuu.com/
- Email ID
- *****@busuu.com
- Registered Address
- 50 Finsbury Square 6th Floor, London, United Kingdom, EC2A 1HD
Key Metrics
Founded Year
2008
Location
London, United Kingdom
Stage
Acquired
Total Funding
$11.2M in 5 rounds
Latest Funding Round
Investors
Ranked
4th among 698 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2018
Employee Count
419 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Chegg (Nov 29, 2021)
Legal entities associated with Busuu
Busuu is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BUSUU LIMITED CIN: 26.629.914/0001-00 , Brazil, Active | Nov 29, 2016 | - | - | - |
Busuu Limited CIN: 8172044 , Germany, Active | Aug 07, 2012 | £10M - £50M (As on Dec 31, 2018) | 112 (As on Dec 31, 2023) |
Busuu's acquisition details
Click here to take a look at Busuu's acquisition in detail
Sign up to download Busuu's company profile
Busuu's funding and investors
Busuu has raised a total funding of $11.2M over 5 rounds. Its first funding round was on Feb 2010. Its latest funding round was a Series B round on May 27, 2020 for $*****. 1 investor participated in its latest round. Busuu has 6 institutional investors.
Here is the list of recent funding rounds of Busuu:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 27, 2020 | 9434496 | Series B | 4868512 | 9770190 | 8397236 | 1533176 |
Jul 15, 2015 | 2578501 | Series B | 5306484 | 4171691 | 9736273 | 7499742 |
Oct 20, 2012 | 9108172 | Series A | 8664613 | 5975901 | 9484964 |
View details of Busuu's funding rounds and investors
Busuu's founders and board of directors
Founder? Claim ProfileThe founders of Busuu is Bernhard Niesner. Bernhard Niesner is the CEO of Busuu.
Here are the details of Busuu's key team members:
- Bernhard Niesner: Co-Founder & CEO of Busuu. They are also an angel investor in 8 startups and serve on the board of 1 company.Contact Info: 2 email addresses
Busuu's Board of Directors
Busuu's board has 1 active member. Bernhard Niesner is part of team.Here is the list of Busuu's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 14y 0m |
View details of Busuu's Founder profiles and Board Members
Busuu's employee count trend
Busuu has 419 employees as of May 26. Here is Busuu's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Busuu's Competitors and alternates
Top competitors of Busuu include Open English, 51Talk and Tandem. Here is the list of Top 10 competitors of Busuu, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Open English 2006, Miami (United States), Series D | Online English learning platform providing live classes and AI-powered tutoring | $121M | 77/100 | |
2nd | Online English learning platform | $90M | 76/100 | ||
3rd | App-based language learning platform | $8.66M | 73/100 | ||
4th | Busuu 2008, London (United Kingdom), Acquired | Mobile-based platform providing social networking solutions for learning languages | $11.2M | 67/100 | |
5th | Cambly 2012, San Francisco (United States), Series B | Marketplace for language learning tutoring | $60.3M | 65/100 | |
6th | Online corporate language learning solution | - | 64/100 | ||
7th | Online tutoring for learning foreign languages | $83M | 62/100 | ||
8th | Ringle 2015, Seoul (South Korea), Series A | Online platform providing English language learning solutions | $26.9M | 62/100 | |
9th | Verbling 2011, Walnut (United States), Acquired | Offering solutions for live video language learning | $7.26M | 60/100 | |
10th | Lingumi 2015, London (United Kingdom), Acquired | Pre-school English language learning through the interactive device | $7.68M | 59/100 |
Looking for more details on Busuu's competitors? Click here to see the top ones
Busuu's Investments and acquisitions
Busuu has acquired Verbling. Busuu has not made any investments as of now.Reports related to Busuu
Here is the latest report on Busuu's sector:
News related to Busuu
•
•
Busuu Launches AI-powered ‘Speaking Practice’ to Boost Real-World Conversation SkillsBusiness Wire•Jun 27, 2024•Busuu
•
Checkfirst raises $1.5M pre-seed, applying AI to remote inspections and auditsStartupNews•May 08, 2024•Checkfirst, Faceit, Swogo, Busuu and 4 others
•
Chegg to Enter Rapidly Expanding Digital Language Learning Market with Acquisition of BusuuBusiness Wire•Nov 29, 2021•Chegg, Busuu
•
•
Busuu, Centili partner to deliver e-learning in developing marketsTelecomDrive•Oct 23, 2020•Busuu, Centili
•
•
•
Play customers can pay for Busuu language learning service from their balanceTelecompaper•Jan 10, 2020•Play, Busuu
•
Are you a Founder ?
FAQs about Busuu
Explore our recently published companies
- Himsons - Vadodara based, 1988 founded, Unfunded company
- Com2uS Platform Corp - Unfunded company
- Just Print - Unfunded company