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Most Innovative Companies

Babbel

Babbel is a German web-based education platform specializing in online language learning. Founded in 2007, Babbel is known for its adaptive language acquisition app, which delivers professionally designed courses in 10- to 15-minute increments. And while competing apps like Duolingo incrementally help novice users read, write, listen and speak in the language of their choice, Babbel employs a profitable subscription system for its content. Available in 14 languages from Spanish to Indonesian, Babbel is the world's highest-grossing language learning app. In 2015, the Berlin-based company opened new offices in New York, as it focuses on attracting more American subscribers to its user base. In early 2016, the company hit 1 million users.
Data
public or private: Private
profitable: Yes
staff: 350
users: 120,000 downloads a day
headquarters: Berlin, Germany
Competition: Duolingo
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