7 years ago

Memrise Secures $15.5 Million in Series B Funding to Enhance Language Learning Platform

  • Memrise, a language learning platform based in London, UK, has raised $15.5 million in Series B funding led by Octopus Ventures and Korelya Capital, with participation from Avalon Ventures and Balderton Capital

  • Memrise will use the funding to accelerate development, enhance its software engine, and rollout multimedia enhancements to its iOS, Android and web products

  • Founded in 2010, Memrise supports over 22 languages and enables over 35 million adults to learn languages.

      • ProblemEducation

      "Learning a new language can be a frustrating and time-consuming process. Most traditional language learning methods are boring, ineffective, and don't adapt to individual learning styles."

      Solution

      "Memrise uses a gamified approach to language learning, incorporating flashcards, quizzes, and interactive exercises to make learning engaging and fun. Their platform also uses spaced repetition and personalized learning paths to ensure that users retain the information they learn."

      Covered on