The Next Edtech IPO Might Be This London-Based Language Learning Company

Of all the education technology startups that could go public next, there’s one that’s likely not on your radar: Busuu, a London-based developer of a language-learning platform. But its co-founder and CEO, Bernhard Niesner, has started to make his case. Niesner claims the company is on track to hit $40 million in revenue in 2020. He says it broke even last year, has reached $14 million in gross bookings, and passed 100 million users at the start of the year with more than 200 corporate clients. And he believes Busuu still has plenty of room to grow in the international and corporate learning markets. “There are so many players out there—and a few emerging winners” in edtech, says Niesner, 40. “We are one of them.”

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