Babbel

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Babbel GmbH, operating as Babbel,[1] is a German company operating a subscription-based language learning software and e-learning platform.

With 1000 employees, Babbel is headquartered in Berlin (Babbel GmbH) and has an office in New York City, operating as Babbel Inc.[2] Babbel's app is available for web, iOS and Android offering lessons in 14 languages. The company develops its learning content in-house.[3]

History

The company was founded in August 2007 by Thomas Holl, Toine Diepstraten, Lorenz Heine and Markus Witte.[4][5] In January 2008, the language learning platform went online with community features as a free beta version.[6]

In March 2013, Babbel acquired San Francisco startup PlaySay Inc. to expand into the United States.[7][8] As part of the acquisition, PlaySay's founder and CEO joined Babbel as a strategic advisor.[9] Later that year, a third funding round led by Scottish Equity Partners raised another $22 million.[10][11] Other participants in this round include previous investors Reed Elsevier Ventures, Nokia Growth Partners,[12] and VC Fonds Technology Berlin.[13][14]

In 2019, co-founder Markus Witte stepped down as CEO and was replaced by Arne Schepker.[15] In March 2020, a works council was elected in the Berlin office.[16]

In March 2022, Babbel provided free access codes to Ukrainian refugees, allowing those with prior knowledge of languages offered by Babbel to learn relevant languages such as German, Polish, and English.[17] In February 2023, Babbel was awarded the "CSR (Corporate Social Responsibility) Silver Anthem Award for Humanitarian Action & Services" for its efforts to help displaced people affected by the Russian invasion of Ukraine.[18] At the time, over 500,000 Ukrainians accessed Babbel courses under the program.[19]

In 2023, Babbel acquired Toucan (a language-learning browser extension). At the time, it had around 1000 full-time employees and freelancers.[2] As of October 2024, Markus Witte has returned as CEO.[20]

See also

References

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External links