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Memrise is a language learning platform with a website, iOS and Android apps. It specializes in combining memory techniques and entertaining content in order to make language learning recreational. Memrise provides a number of language courses across 25 languages, which are totally free to learn, but there are extra features and learn modes that can be unlocked with a Memrise Pro subscription. 

TypePrivate
Founded2010
HQLondon, GB
Websitememrise.com
Employee Ratings3.8

Latest Updates

Employees (est.) (May 2020)102
Revenue (FY, 2018)£8.6 M(+74%)

Key People/Management at Memrise

Ed Cooke

Ed Cooke

Co-Founder
Ben Whately

Ben Whately

Co-Founder and COO
Lucy Milne

Lucy Milne

Chief Marketing Officer
Daniel Wilson

Daniel Wilson

Head of Data and Insight
Mike Nagle

Mike Nagle

Head Of Design
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Memrise Office Locations

Memrise has an office in London
London, GB (HQ)
3-5 Fashion St, Shadwell
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Memrise Financials and Metrics

Summary Metrics

Founding Date

2010

Memrise total Funding

$21.7 m

Memrise latest funding size

$15.50 m

Time since last funding

2 years ago

Memrise investors

Memrise's latest funding round in June 2018 was reported to be $15.5 m. In total, Memrise has raised $21.7 m
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Memrise Revenue

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Memrise's revenue was reported to be £8.58 m in FY, 2018
GBP

Revenue (FY, 2018)

8.6m

Gross profit (FY, 2018)

6.5m

Gross profit margin (FY, 2018), %

75.7%

Net income (FY, 2018)

(3.2m)

EBIT (FY, 2018)

(3.2m)

Cash (31-Dec-2018)

443.7k
GBPFY, 2016FY, 2017FY, 2018

Revenue

1.8m4.9m8.6m

Revenue growth, %

174%

Cost of goods sold

625.8k2.0m2.1m

Gross profit

1.2m2.9m6.5m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

36.7k42.5k87.3k55.9k85.0k181.7k85.7k443.7k

Accounts Receivable

33.9k57.6k61.3k5.8k222.5k610.9k474.4k

Inventories

Current Assets

36.7k76.4k144.9k117.1k100.2k447.9k972.3k2.2m
GBPFY, 2016FY, 2017

Net Income

(1.2m)(2.1m)
GBPY, 2018

Revenue/Employee

98.9k

Debt/Equity

-1.2 x

Debt/Assets

1.7 x

Financial Leverage

-0.7 x
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Memrise Operating Metrics

Memrise's Users was reported to be 35 m in Jun, 2018.
Oct, 2016Mar, 2017May, 2018Jun, 2018

Courses

200

Languages

24

Users

10 m20 m30 m35 m
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Memrise Online and Social Media Presence

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Memrise News and Updates

How 3 developers used Core ML to run AI models on an iPhone

FEATURE: iOS developers talk about Apple's Core ML platform, and the improvements they'd like to see in future versions.

AI-powered language learning startup Memrise raises $15.5m Series B round

Memrise, a language learning app powered by machine learning, has closed a $15.5m (£11.5m) Series B funding round, led by Octopus Ventures and Korelya Capital. Additional participation came from existing investors Avalon Ventures and Balderton Capital, which was recently listed as one of the top …

Memrise raises $15.5M as its AI-based language-learning app passes 35M users

Memrise, a UK startup whose eponymous language-learning app employs machine learning and localised content to adapt to users’ needs as they progress through their lessons, has raised another $15.5 million in funding to expand its product. The funding comes after a period of strong growth: Memrise ha…

The New Way To Learn Languages: Virtual Reality

A new VR app allows people to converse in "real life" situations

Startup Surgery: How long does it take to set up a limited company?

Michael O'Brien from chartered accountants and financial advisers Kreston Reeves answers a reader's question about what is involved in setting up a limited company and how long it takes. The post Startup Surgery: How long does it take to set up a limited company? appeared first on Tech City News.

Memrise Blogs

外国語を学んで、家にいながら外の世界を楽しむためのMemriseガイド

生活がオンラインにシフトして、日々のルーティンが変化している中で、新しい言語の学習を日課に加えるなんて最高!しかも一人で学習するのは意外と簡単。 このガイドでは、学習体験をもっと豊かにして、家にいながら外の世界に触れて、生活が新鮮になる3つの簡単なステップを紹介するよ。 ステップ 1. 言語を選ぶ ずっと学びたかった言語を選ぶと、長く続けられるよ。日本語話者に人気の外国語トップ5はこちら。 英語(アメリカ) 英語 フランス語 スペイン語(EU) ロシア語 お目当ての言語はなかった?公式コースの全リストはこちら。 ステップ 2. Memriseを最大限に活用して、自宅で学習しよう ● 友達や家族…

Le guide de Memrise pour faire entrer le monde extérieur chez toi avec une nouvelle langue

Nos vies se passent actuellement beaucoup en ligne et nous essayons tous de redéfinir nos routines quotidiennes. Ajouter une nouvelle langue à ton planning, c’est fantastique, et tu ne devrais pas te sentir intimidé de te lancer dans cette aventure seul. Dans ce guide, nous proposons trois étapes fa…

Memrise zeigt dir, wie du mit einer neuen Sprache die Außenwelt in dein Wohnzimmer holst

Unser Leben spielt sich immer mehr online ab und viele von uns sind momentan damit beschäftigt, in eine neue Routine zu finden – nutze diese Zeit und baue das Sprachenlernen in deinen Tagesablauf ein! Wir glauben, dass du so Abwechslung in deinen Alltag bringen kannst – und du musst es auch nicht al…

La guía de Memrise para llevar el mundo a tu casa con un nuevo idioma

La mayoría estamos viviendo en la red e intentando cambiar nuestra rutina en casa. Puedes aprovechar para aprender un nuevo idioma, y no cuesta nada hacerlo sin compañía. En esta guía, te presentamos tres pasos sencillos para incorporar el aprendizaje de idiomas a tu rutina y llevar un trocito del m…

Memrise’s guide to bringing the outside world in with a new language

Our lives are moving online and we’re all trying to reshape our daily routines. Adding a new language makes a great addition to your schedule and it doesn’t have to be daunting to do it on your own.  In this guide we’ll outline three easy steps you can follow to create a daily habit that […]

Sorry! There are no spaces left

All available spaces have been booked, we’re sorry you won’t be able to join this time! To make sure you don’t miss out on the next one, just leave your name and contact details and we’ll give you a shout.
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Memrise Frequently Asked Questions

  • When was Memrise founded?

    Memrise was founded in 2010.

  • Who are Memrise key executives?

    Memrise's key executives are Ed Cooke, Ben Whately and Lucy Milne.

  • How many employees does Memrise have?

    Memrise has 102 employees.

  • What is Memrise revenue?

    Latest Memrise annual revenue is £8.6 m.

  • What is Memrise revenue per employee?

    Latest Memrise revenue per employee is £84.1 k.

  • Who are Memrise competitors?

    Competitors of Memrise include Mrs Wordsmith, Better Chinese and RareJob.

  • Where is Memrise headquarters?

    Memrise headquarters is located at 3-5 Fashion St, Shadwell, London.

  • Where are Memrise offices?

    Memrise has an office in London.

  • How many offices does Memrise have?

    Memrise has 1 office.