Lesson Nine GmbH

Lesson Nine GmbH

Lesson Nine GmbH

Overview
Date Founded

2007

Headquarters

Max-Beer-Straße 2,Berlin 10119

Type of Company

Private

Employees (Worldwide)

501 - 1,000

Industries

Internet Software & Services
Consumer Services
Computer Software
Holding Companies

Company Description

Lesson Nine GmbH operates as a language learning portal. The firm develops online learning app Babbel for learning foreign languages. It provides features for social networking and vocabulary building tools in German, French, English, Spanish, Turkish, Italian, Portuguese, Swedish, Indonesian, Dutch, and Polish. The company was founded by Lorenz Heine, Markus Witte, Toine Diepstraten and Thomas Holl in August 2007 and is headquartered in Berlin, Germany.

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Executives & Employees

Co-Founder

Co-Founder

Chief Executive Officer

Chief Marketing Officer

Chief Executive Officer, US

Head of Software Engineering

Director of Product

Director of International Growth

Director-Customer Service

Director, Performance Marketing

Board of Directors

Co-Founder at Lesson Nine GmbH

Managing Director at IBB Beteiligungsgesellschaft

Co-Founder at Lesson Nine GmbH

Partner at Scottish Equity Partners LLP

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Lesson Nine GmbH
Recent Transactions
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Lesson Nine GmbH purchases LingoVentura GmbH

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IBB Beteiligungsgesellschaft, Lesson Nine GmbH, Atevia Immobilien Management GmbH purchase PlaySay, Inc. from Novak Biddle Venture Partners

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IBB Beteiligungsgesellschaft, Atevia AG, VC Fonds Technologie Berlin GmbH, Kizoo Technology Capital GmbH purchase Lesson Nine GmbH

Investors
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NGP Capital invests in companies located in US, Europe, India and China. The firm targets companies operating fields of Enterprise, Mobility and Mobile. It provides financing for growth stage capital requirements.

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IBB mbH is an active manager which invests in small and medium-sized Berlin-based companies in the technology (ICT, life science and factory automation) or creative industry (film, radio and TV, publishing, music, entertainment, advertising, fashion, design, architecture, multimedia, games, software, arts and culture) sectors.Through their funds, the firm seeks to invest up to EUR 1.5 million in the first financing round and up to EUR 3 million in subsequent rounds in companies with a coherent business plan, entrepreneurial personality, unique selling points, high growth potential and good medium-term exit options. IBB takes minority stakes in their investee companies, partnering with management to provide support including recruiting personnel, developing and implementing marketing and distribution systems, implementing controlling and reporting systems and preparing and implementing further financing rounds. The firm typically holds an investment for three to seven years.

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SEP invests in companies located in UK or European base. The firm targets companies operating the fields of enterprise software, consumer internet, tech enabled services. It provides financing for buy out, secondary investment and growth stage capital requirements with an investment size up to £25 million per transaction.

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