Busuu

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Busuu operates an online language learning platform for users worldwide. The Company offers an online community that offers English, Spanish, German, Russian, French, Italian, Portuguese, Polish, Turkish, Chinese, Japanese and Arabic language courses. Its platform also enables users to learn directly from native speakers of the community via an integrated video-chat application and provides access to vocabulary, writing, comprehension, listening, speaking and pronunciation exercises, as well as various learning and grammar units.

TypePrivate
Founded2008
HQLondon, GBMap
Websitebusuu.com
Employee Ratings4.1More
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Employees (est.) (Jun 2021)211(+8%)
Revenue (FY, 2018)£12.1 M(+64%)
Cybersecurity ratingBMore

Key People/Management at Busuu

Bernhard Niesner

Bernhard Niesner

Co-Founder & CEO
Adrian Hilti

Adrian Hilti

Co-Founder
Hansi Hansmann

Hansi Hansmann

Partner & Advisor
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Busuu Office Locations

Busuu has an office in London
London, GB (HQ)
55 Basinghall St
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Busuu Financials and Metrics

Summary Metrics

Founding Date

2008

Busuu total Funding

$16.1 m

Busuu latest funding size

$4.31 m

Time since last funding

4 years ago

Busuu investors

PROfounders Capital, BrentHoberman, MartinVarsavsky, McGraw-Hill Education, Hansi Hansmann
Busuu's latest funding round in February 2017 was reported to be $4.3 m. In total, Busuu has raised $16.1 m
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Busuu Revenue

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Busuu's revenue was reported to be £12.13 m in FY, 2018
GBP

Revenue (FY, 2018)

12.1m

Gross profit (FY, 2018)

8.3m

Gross profit margin (FY, 2018), %

68.3%

Net income (FY, 2018)

(3.3m)

EBITDA (FY, 2018)

(3.7m)

EBIT (FY, 2018)

(3.8m)

Cash (31-Dec-2018)

1.3m
GBPFY, 2017FY, 2018

Revenue

7.4m12.1m

Cost of goods sold

2.0m3.8m

Gross profit

5.4m8.3m

Gross profit Margin, %

73%68%
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GBPFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

176.5k1.2m1.0m778.5k840.6k1.3m

Accounts Receivable

5.0m928.4k62.1k192.7k883.3k1.0m

Current Assets

5.1m2.1m2.3m2.3m2.9m4.1m

PP&E

163.0k134.5k80.8k43.1k10.5k144.0k
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GBPFY, 2017FY, 2018

Net Income

(5.1m)(3.3m)
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GBPFY, 2013

Financial Leverage

-5.4 x
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Busuu Operating Metrics

Busuu's Users was reported to be 100 m in Jan, 2020. Busuu's Enterprise Customers was reported to be 200 in Jan, 2020.
Jan, 2020

Countries Covered

190

Enterprise Customers

200

Users

100 m
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Busuu Acquisitions / Subsidiaries

Company NameDateDeal Size
VerblingJanuary 23, 2020

Busuu Cybersecurity Score

Cybersecurity ratingPremium dataset

B

83/100

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Busuu Online and Social Media Presence

Busuu's Trends

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Busuu News and Updates

December 08, 2020

North America Digital language learning Market Size, Share, Demand, Analysis and Forecast To 2027 | Busuu, Ltd, Babbel, Fluenz, Pearson PLC, Preply, Inc., Rosetta Stone, Inc., Verbling, Inc., Yabla, Inc

North America digital language learning the market is expected to grow from US$ 999.9 Mn in 2018 to US$ 1842.0 Mn by the year 2027. This represents a CAGR of 7.2% from the year 2018 to 2027. Posted via Industry Today. Follow us on Twitter @IndustryToday
October 21, 2020

Digital language learning Market Set To Witness Surge In Demand Over The Forecast Period Of 2020 To 2027 | Top Vendors Like Busuu, Ltd, Babbel, Fluenz, Lingoda GmbH, Pearson PLC, Preply, Inc

Europe digital language learning market is expected to grow from US$ 1.28 Bn in 2018 to US$ 3.20 Bn by the year 2027. This represents a CAGR of 11.0% from the year 2018 to 2027. Posted via Industry Today. Follow us on Twitter @IndustryToday
January 23, 2020

UK edtech company Busuu acquires Verbling to expand its language learning platform

Busuu, the London-based leader in language learning, has acquired Verbling in a double-digit million dollar deal. In the $60 billion language learning industry, Busuu aims to be the most comprehensive product on the market, which is why the business is buying Verbling, a live-video tutoring platform…
January 23, 2020

Language platform Busuu acquires video tutor startup, now plans IPO

Language-learning platform Busuu, which has fast expanded to take on traditional giants like Duolingo, says it has acquired the live video tutoring company Verbling for an undisclosed amount, other than calling it a “double-digit million dollar acquisition.” As a result, Busuu will now use the Verbl…

Busuu Blogs

June 03, 2021

New research highlights Busuu’s language teaching efficacy

Busuu’s Chief Learning Officer Kirsten Campbell-Howes unpacks Busuu’s latest efficacy study – from process to its noteworthy results. The post New research highlights Busuu’s language teaching efficacy appeared first on Busuu Blog.
May 13, 2021

Romance languages: the truth behind the name

Romance languages have nothing to do with being romantic. Find out what the romance languages are & why they’re great languages to learn. The post Romance languages: the truth behind the name appeared first on Busuu Blog.
May 11, 2021

Surprising European languages that are at risk of extinction

Did you know that 43% of the 6,000 languages in existence are vulnerable or endangered? But 12 in particular, spoken in the British Isles and other thriving European countries, may surprise you... The post Surprising European languages that are at risk of extinction appeared first on Busuu Blog.
May 04, 2021

12 best French series on Netflix in May 2021

Learning French from home? Brush up on your language skills with these 12 binge-worthy French series on Netflix this May. The post 12 best French series on Netflix in May 2021 appeared first on Busuu Blog.
May 04, 2021

10 best Spanish TV series to watch on Netflix in May 2021

Learning Spanish from home? Brush up on your language skills with the 10 best Spanish shows on Netflix this May 2021. The post 10 best Spanish TV series to watch on Netflix in May 2021 appeared first on Busuu Blog.
March 18, 2021

How to say thank you in 45 different languages

Wherever you are in the world, a small "thank you" can go a long way. Here's how to say thank you in 45 different languages. The post How to say thank you in 45 different languages appeared first on Busuu Blog.
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 Busuu Frequently Asked Questions

  • When was Busuu founded?

    Busuu was founded in 2008.

  • Who are Busuu key executives?

    Busuu's key executives are Bernhard Niesner, Adrian Hilti and Hansi Hansmann.

  • How many employees does Busuu have?

    Busuu has 211 employees.

  • What is Busuu revenue?

    Latest Busuu annual revenue is £12.1 m.

  • What is Busuu revenue per employee?

    Latest Busuu revenue per employee is £57.5 k.

  • Who are Busuu competitors?

    Competitors of Busuu include Duolingo, EGO and English Time.

  • Where is Busuu headquarters?

    Busuu headquarters is located at 55 Basinghall St, London.

  • Where are Busuu offices?

    Busuu has an office in London.

  • How many offices does Busuu have?

    Busuu has 1 office.