Healthcare, Science & Education MARKUS WITTE | BABBEL Founder and CEO SPEAKER BIO Markus Witte, Babbel Co-Founder and CEO, leads the company. Before Babbel, Markus was engaged on a managerial level in various positions at Native Instruments, a leading manufacturer of music software, where he shared responsibility for the development of online marketing and web infrastructure. Markus began his career in 1998 as a lecturer at New York University, following almost two years working as a research assistant at the Institute for Cultural Studies of the Humboldt University in Berlin. His special interest is media and communication development and the future of learning. KEY CORPORATE FACTS & KPIs COMPANY OVERVIEW Headquarters Berlin, Germany With Babbel everybody can learn a language easily and with fun. The market-leading language learning app offers interactive language courses on the Web, on the phone and tablet, and now also on Apple Office Locations Berlin, New York Watch. Founded 2007 Babbel brings together high-quality educational contents with the latest technology. Each language course is developed by a team of linguists, writers and language teachers. Babbel helps learners to No. of Employees 400 discover the joy of learning a language and motivated them to continue. The average Babbel customer uses the app for more than twelve months. Active Markets Europe, the Americas The premium business model ensures an ad-free environment with a focus on the learning content. Other KPI #1 Profitable since 2011 Currently Babbel offers 14 languages (English, Spanish, French, Italian, Portuguese, Turkish, Swedish, Norwegian, Dutch, Danish, German, Polish, Indonesian and Russian). The languages can be learned from seven different base languages. The courses are created individually for each language Other KPI #2 Revenue CAGR 2011 -2015: 100% combination. Business Overview Mobile/web app for language learning Babbel was founded in 2007 by Markus Witte (CEO), Thomas Holl (President Babbel Inc.) and Lorenz Heine (Chief Innovation Officer). The company now employs more than 400 workers from 28 nations in Berlin and New York. The company has generated positive cash flows since 2011 and continues to grow Recent Milestones 1m active paying users each year by 100%. The Babbel apps for iOS and Android are downloaded up to 120,000 times a day. Total Funding $32m raised Key Investors Reed Elsevier Ventures, Scottish Equity Partners, Nokia Growth Partners Website babbel.com 14