We are very happy to announce a €3.5 million investment in busuu.com by PROFounders Capital and private investors as well as our headquarters relocation from Madrid to London.
Apart from improving our online and mobile language learning courses and developing brand new products to improve our service, we will use the investment to grow our team and give you the best language learning experience out there.
With the investment, we are also happy to add Brent Hoberman, co-founder of lastminute.com, to our board of advisers.
“We are thrilled to welcome on board Brent Hoberman and the PROfounders Capital team,” said Bernhard Niesner, busuu.com CEO and co-founder. “Brent’s valuable experience in building leading global internet companies will help us achieve our aim of becoming the world leader in language education.”
“We were really impressed by what busuu.com has achieved so far with very few resources,” added PROfounders Capital investment partner Brent Hoberman. “We are looking forward to supporting the company in its future growth plans and shaking up the global language learning market.”
At busuu.com, we have more than 25 million users in over 200 countries and we are growing at a rate of 40,000 new members per day – enough people to fill the seats of London’s Olympic stadium in just two days.
Join them now, register for free and start learning a language today!