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Founded Year

2010

Stage

Series B | Alive

Total Raised

$24.97M

Last Raised

$15.5M | 6 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-20 points in the past 30 days

About Memrise

Memrise is a language learning platform. It specializes in video-based lessons and interactions with native speakers. The service offers a range of language courses designed to help users speak confidently in real-world situations. Memrise provides personalized artificial intelligence (AI) tutoring and gamified tests to enhance the learning experience. It was founded in 2010 and is based in London, United Kingdom.

Headquarters Location

27 Old Gloucester Street

London, England, WC1N 3AX,

United Kingdom

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Expert Collections containing Memrise

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Memrise is included in 1 Expert Collection, including Education Technology (Edtech).

E

Education Technology (Edtech)

3,423 items

These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.

Latest Memrise News

Online Language Learning Platform Market Set for Rapid Growth During 2023 – 2032 | Speexx, Sanako, Memrise, Busuu Ltd

Sep 26, 2024

| Speexx, Sanako, Memrise, Busuu Ltd News Provided By Share This Article WILMINGTON, DE, UNITED STATES, September 26, 2024 / EINPresswire.com / -- The global online language learning platform market size was valued at $9.3 billion in 2022, and is estimated to reach $44.8 billion by 2032, growing at a CAGR of 17.2% from 2023 to 2032. The online language learning platform market is expected to grow in upcoming years owing to rising importance of education and language fluency is corporate sector. Furthermore, the proliferation of AI and ML technologies in the platform is expected to open new avenues for the market to grow in upcoming years. Request Sample Report: https://www.alliedmarketresearch.com/request-sample/A115096 Online language learning platforms are witnessing several notable trends shaping the landscape of language education. The rise of mobile learning is prominent, with users increasingly accessing language courses through smartphones and tablets, making learning more convenient and on-the-go. Moreover, gamification is another emerging trend, integrating game-like elements into courses to enhance engagement and motivation among learners. Furthermore, demand for personalized learning experiences is driving the incorporation of adaptive learning technologies, tailoring content to individual proficiency levels and learning styles. Social learning features, including discussion forums and peer interaction, are becoming integral, fostering collaborative learning experiences. Moreover, there is rise in the emphasis on pragmatic, tangible linguistic abilities, with instructional programs concentrated on conversational competence and comprehension of different cultures. As the field progresses, the combination of virtual reality (VR) and augmented reality (AR) technologies is expected to offer captivating language acquisition experiences, augmenting overall efficacy and user contentment. Furthermore, the global online language learning platform market is in its developing phase, and exhibits high growth potential, due to rise in implementation of advanced technologies such as artificial intelligence (AI) and machine learning (ML). In addition, increase in partnerships are expected to promote the online language learning platform market growth in future. For instance, in September 2021, Voxy, an innovative training solution used institutional clients, announced that it has partnered with Coursera, one of the largest online learning platforms, to provide career development opportunities for professionals who seek to improve their English skills. With this partnership, Coursera’s 87 million global learners now have access to English language learning courses from Voxy, designed to help professionals communicate more effectively in English across a wide range of environments and subjects, such as technology, calls & messaging, and planning & organization. Region-wise, Asia-Pacific is expected to grow significantly in the online language learning platform market during the forecast period. This is attributed to the fact that recognition of language proficiency through certifications is gaining importance in the Asia-Pacific region. Online language learning platforms are offering certification programs aligned with international language proficiency standards to validate learners' skills. The key players operating in the online language learning platform market analysis Rosetta Stone LLC, Babbel GmbH, Speexx, Sanako, Busuu Ltd, Berlitz Corporation, Memrise, ELSA, Inlingua International Ltd., and Transparent Language, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the online language learning platform industry. Trending Reports: Subscription Billing Management Market: https://www.alliedmarketresearch.com/subscription-billing-management-market-A174269 Customer Intelligence Platform Market: https://www.alliedmarketresearch.com/customer-intelligence-platform-market-A132326 Virtual Customer Premises Equipment Market: https://www.alliedmarketresearch.com/virtual-customer-premises-equipment-market-A127111 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. David Correa

Memrise Frequently Asked Questions (FAQ)

  • When was Memrise founded?

    Memrise was founded in 2010.

  • Where is Memrise's headquarters?

    Memrise's headquarters is located at 27 Old Gloucester Street, London.

  • What is Memrise's latest funding round?

    Memrise's latest funding round is Series B.

  • How much did Memrise raise?

    Memrise raised a total of $24.97M.

  • Who are the investors of Memrise?

    Investors of Memrise include Avalon Ventures, Balderton Capital, Octopus Ventures, Korelya Capital, Google and 11 more.

  • Who are Memrise's competitors?

    Competitors of Memrise include Berlitz, Busuu, Duolingo, Rosetta Stone, Voxy and 7 more.

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Compare Memrise to Competitors

VIPKid Logo
VIPKid

VIPKid is a global education technology company that operates in the online education industry. The company provides real-time online English immersion learning, connecting children with highly qualified teachers for personalized and interactive language instruction. VIPKid primarily serves the global education sector. It was founded in 2013 and is based in Beijing, Beijing.

Babbel Logo
Babbel

Babbel is a company that focuses on language learning in the education sector. It offers a comprehensive learning system that combines effective education methods with state-of-the-art technology, providing interactive online courses to improve grammar, vocabulary, and pronunciation skills. The company primarily serves individuals seeking to learn a new language, as well as businesses looking to enhance their employees' language skills. It was founded in 2007 and is based in Berlin, Germany.

Open Education Logo
Open Education

Open Education specializes in online language and skills training. The company offers programs to help business communication and professional development, utilizing a platform with live classes taught by native-speaking instructors. It serves the corporate sector, providing learning solutions to businesses. Open Education was formerly known as Thinkglish. It was founded in 2008 and is based in Coral Gables, Florida.

Voxy Logo
Voxy

Voxy is a company specializing in language training for corporate clients, focusing on personalized English courses and language learning technology. The company offers a suite of products including a Learning Experience Platform (LXP), mobile applications, and a range of services such as live coaching and progress reporting, all designed to integrate with the fast-paced schedules of today's workforce. Voxy primarily serves sectors that require specialized language training for business skills and technical knowledge. Voxy was formerly known as LinguaByte, Inc.. It was founded in 2010 and is based in New York, New York.

L
Linguistic

Linguistic develops an online platform for personalized immersion in a foreign language. It offers a text-based article-reading tool to help students to learn foreign languages. The company was founded in 2022 and is based in Cambridge, Massachusetts.

Preply Logo
Preply

Preply is a company that specializes in online language tutoring and personalized learning experiences within the education sector. The company offers a platform where learners can connect with tutors from around the world for live language classes, utilizing AI-powered tools to enhance the learning process. Preply also provides corporate language training programs tailored for businesses seeking to improve their team's language skills. It was founded in 2012 and is based in Brookline, Massachusetts.

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