Portfolio

UK Language Learning App Memrise Secures $15.5 Million in Series B Funding

JUN 11, 2018

Congratulations to the team at Memrise, the language-learning platform, who has secured $15.5m in Series B funding. The investment was led by Octopus Ventures and Korelya Capital, and supported by follow-on investments from Avalon Ventures and Balderton.

Memrise founder and CEO Ed Cooke speaks to Bernard Liautaud and George Spencer of Rentify at the 2018 Balderton CEO Collective

In an exciting stage of growth, the funding will be used to accelerate development, with transformative plans to enhance its software engine, and rollout multimedia enhancements to its iOS, Android and web products.

Underpinned by scientific methodology, Memrise helps more than 35 million adults worldwide effectively learn languages. They support more than 22 languages, including Mandarin, French, Arabic and Spanish, and were voted overall Best App in the 2017 Google Play Awards.

Ed Cooke, founder and CEO of Memrise said: "We’re a technology company actively working to improve human consciousness and to foster authentic engagement across communities. We care about self-improvement and empowerment, and we’re determined to use technology to make learning—which we believe depends most fundamentally on meaningful connection with the world —richer and more engaging for tens of millions of people."

We’re a technology company actively working to improve human consciousness, and to foster authentic engagement across communities. We care about self-improvement and empowerment, and we’re determined to use technology to make learning—which we believe depends most fundamentally on meaningful connection with the world —richer and more engaging for tens of millions of people.

Ed Cooke, Founder and CEO, Memrise

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