Busuu entrepreneurial ecosystem helped it win since November 2021 over 385 million euros.
Busuu, the language learning platform, was sold in November 2021 to the American technology company in the education sector Chegg for 385 million euros. Bernhard Niesner and Adrian Hilti created this startup in Madrid after meeting at an IE Business School master's degree: it was in 2008, in the midst of the financial crisis; soon after, they moved their headquarters to London.
The operation, which was carried out in cash, came after the startup considered a potential stock market debut. According to Niesner at the time, moving the headquarters to London in 2012 helped to continue the expansion and attract more talent.
Busuu entrepreneurial ecosystem
In 2015, they made their first major fundraising. They returned to Madrid and opened their new offices in the capital in 2020: “We are delighted to once again have an important base in the city where it all started.”
The company has courses in 12 languages and more than 500,000 paid subscribers. Currently the digital language learning market is growing rapidly and is expected to reach 47,000 million dollars (46,289 million euros (in 2025.
Chegg is listed on the New York Stock Exchange and its capitalization exceeds $3.8 billion.
Busuu entrepreneurial ecosystem reviews
Opinions about these free online French classes
Still haven't found a free online French course that meets your expectations? Well, here we tell you how you can learn French with Busuu: French course. This is an application for smartphones with which you can easily interact to achieve a learning of this important language.
Busuu: French course is part one of the most famous and used language learning platforms in the world.
This online platform has been made for people like you who would like to learn French in a simple way, let's say short and interactive lessons.
That's why with Busuu: French course you can study at home or wherever you are. This makes the application considered by many users as an affordable program with good benefits included.
So, this modality of the Busuu application allows you to learn French through lessons at your own pace. And this is achieved through a variety of everyday topics, including: ordering food, buying a new house, conversations in a work environment, and many more.
Busuu entrepreneurial ecosystem advantages
Each lesson brings audio and video content. Thus, you will learn French vocabulary by using flashcards. Through this technique, you will perform exercises that include: filling in the blanks, deciphering words, answering listening comprehension questions and translating phrases.
In addition, you will repeat the same concept in different ways to achieve a better understanding and thus learn French in a better way.
At the end of each level, you will be able to take a test and receive a certificate of completion of the same.
