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Babbel Stock
Babbel is the market-leading app for language learning.
About Babbel Stock
Babbel was founded in 2007 by Markus Witte (Chief Executive Officer) and Thomas Holl (Chief Strategy Officer). Since then, the team has grown to over 450 people from 39 nations, spread between Berlin and New York. The latter branch being lead by Julie Hansen, CEO of Babbel Inc. With no ads, and a transparent, subscription-based business model, the company’s focus remains firmly on getting learners conversational fast.The company surpassed 1,000,000 active paying subscribers in January 2016. 73% of surveyed customers feel that they’d be able to hold a conversation within five hours of using the app. A 2016 study by CUNY (City University of New York) has proven Babbel to be more effective than other language learning apps. The Babbel language learning app for web, iOS and Android makes it easy to learn 14 different languages from 7 display languages. Bite-sized lessons fit into everyday life and are split into useful real-world topics, from introducing oneself, to ordering food and making travel arrangements. The app’s effective game mechanics ensure that learners stay motivated to achieve their goals, with the average user continuing to learn with Babbel for more than 12 months. Uniquely, every course is created specifically for each language pair by a team of education experts, linguists and language teachers. Fast Company Magazine recognised Babbel as the most innovative education company of 2016.
Funding History
July 2008 | $0 |
---|---|
January 2009 | $1.3M |
March 2013 | $10.0M |
July 2015 | $22.0M |
Management
Director of Communications
Christian Hillemeyer
Chief Strategy Officer
Thomas Holl
Stephan Seyfarth
Stephan Seyfarth
Principal Product
Arne Gerdes
Chief Marketing Officer
Arne Schepker
CEO Babbel Inc.
Julie Hansen
Senior Android Engineer
Thanos Karpouzis
Director of Didactics
Miriam Plieninger
Android Engineer
Frederico Gonçalves
Director of Marketing
Annabella Encarnacao
Press
Babbel makes its language learning app free for all US students
TechCrunch - Mar, 25 2020
Founder of language learning platform Babbel steps down as co-CEO to focus on board role
TechCrunch - Nov, 4 2019
500 Days of Duolingo: What You Can (and Can’t) Learn From a Language App
New York Times - May, 4 2019
Language learning app Babbel sold 1M US subscriptions this year, moves into language travel
TechCrunch - Nov, 30 2018
Learning Languages and Building a Startup with Julie Hansen and Markus Witte (Babbel) | Disrupt Berlin 2018
TechCrunch - Nov, 30 2018
Babbel CEOs to talk about language and startup lessons at Disrupt Berlin
TechCrunch - Oct, 1 2018
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Some data provided by Crunchbase