OverviewSuggest Edit
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.
| Type | Private | |
| Founded | 2008 | |
| HQ | London, GB | Map |
| Website | busuu.com | |
| Employee Ratings | More |
Recent NewsAll News
- 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
- 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
- UK edtech company Busuu acquires Verbling to expand its language learning platform
- Language platform Busuu acquires video tutor startup, now plans IPO
Key People/Management at Busuu
Bernhard Niesner
Co-Founder & CEO
Adrian Hilti
Co-Founder
Hansi Hansmann
Partner & Advisor
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 $16.1 m
Busuu Revenue
Busuu's revenue was reported to be £12.13 m in FY, 2018
| GBP | |
|---|---|
Revenue (FY, 2018) | 12.1m |
Gross profit (FY, 2018) | 8.3m |
Gross profit margin (FY, 2018), % | 68.3% |
Net income (FY, 2018) | (3.3m) |
EBITDA (FY, 2018) | (3.7m) |
EBIT (FY, 2018) | (3.8m) |
Cash (31-Dec-2018) | 1.3m |
| GBP | FY, 2017 | FY, 2018 |
|---|---|---|
Revenue | 7.4m | 12.1m |
Cost of goods sold | 2.0m | 3.8m |
Gross profit | 5.4m | 8.3m |
Gross profit Margin, % | 73% | 68% |
| GBP | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|
Cash | 176.5k | 1.2m | 1.0m | 778.5k | 840.6k | 1.3m |
Accounts Receivable | 5.0m | 928.4k | 62.1k | 192.7k | 883.3k | 1.0m |
Current Assets | 5.1m | 2.1m | 2.3m | 2.3m | 2.9m | 4.1m |
PP&E | 163.0k | 134.5k | 80.8k | 43.1k | 10.5k | 144.0k |
| GBP | FY, 2017 | FY, 2018 |
|---|---|---|
Net Income | (5.1m) | (3.3m) |
| GBP | FY, 2013 |
|---|---|
Financial Leverage | -5.4 x |
Busuu Operating Metrics
Busuu's Users was reported to be 100 m in Jan, 2020. Busuu's Enterprise Customers was reported to be 200 in Jan, 2020.
Busuu Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Verbling | January 23, 2020 |
Busuu Cybersecurity Score
Busuu Online and Social Media Presence
36.8k Twitter followers
Busuu has 36.8k Twitter Followers. The number of followers has increased 0.5% month over month and increased 0.8% quarter over quarter
Busuu's Trends
Twitter Engagement Stats for @busuu
31.2k
Tweets
1.1k
Following
36.8k
Followers
49
Tweets last 30 days
6.8
Avg. likes per Tweet
73.5%
Tweets with engagement
Busuu News and Updates
December 08, 2020
North America Digital language learning Market Size, Share, Demand, Analysis and Forecast To 2027 | Busuu, Ltd, Babbel, Fluenz, Pearson PLC, Preply, Inc., Rosetta Stone, Inc., Verbling, Inc., Yabla, Inc
North America digital language learning the market is expected to grow from US$ 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
March 02, 2021
How to say hello in 50 different languages
Sometimes, to open doors, you just need to know how to say “hello”. From Arabic to Zulu, here are the words for hello in 50 different languages.
The post How to say hello in 50 different languages appeared first on Busuu Blog.
February 18, 2021
59 cute nicknames from around the world (& their meanings)
Looking for sweet and unusual ways to show your loved ones you care? Try on one of these 59 cute nicknames for size.
The post 59 cute nicknames from around the world (& their meanings) appeared first on Busuu Blog.
January 19, 2021
Practise speaking like a native with Busuu’s Conversations feature
Learn how using Busuu's 'Conversation' feature will help you perfect your speaking skills and connect you with people learning languages all over the world.
The post Practise speaking like a native with Busuu’s Conversations feature appeared first on Busuu Blog.
January 19, 2021
3 inspirational language learner stories to motivate you in 2021
Andrea Caschetto (Italy) View this post on Instagram A post shared by Andrea Caschetto (@andrea.caschetto) Before being diagnosed with a brain tumour, Andrea Caschetto was one of the top students in his school in Sicily, Italy. After his diagnosis, his doctors told him that he’d never learn again. …
January 06, 2021
Los Reyes Magos (3 Kings Day) 2021: Spain’s 2nd Christmas
For most, New Year’s Day 2021 marked the sad end to our festivities, and the return to the daily grind… but not in Spain! We Spaniards love the festive season so much that the Christmas holidays always last until 6th January, when we celebrate El día de los Reyes Magos (Three Kings Day). How do […]…
October 19, 2020
Busuu’s Smart Review wins British Council ELTons 2020 award
Last week, Busuu’s AI-powered Smart Review took home an ELTons award at the 18th British Council ELTons Innovation Awards 2020. After three rounds of rigorous judging, an expert panel of independent judges chose Smart Review as the winner of the Digital Innovation category. The win was announced at …
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 183 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 £66.3 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.
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