Tech Company Financing Transactions

Memrise Funding Round

Korelya Capital, Octopus Ventures and Avalon Ventures invested in a $15.5 million Series B funding round for Memrise. The financing round was announced on 6/12/2018.

Transaction Overview

Company Name
Announced On
6/12/2018
Transaction Type
Venture Equity
Amount
$15,500,000
Round
Series B
Investors

Korelya Capital (Lead Investor) (Paul Degueuse)

Octopus Ventures (Lead Investor) (Eyal Rabinovich)

Avalon Ventures (Brady Bohrmann)

Balderton Capital

Proceeds Purpose
The funding will be used to accelerate development, with transformative plans to enhance its software engine, and rollout multimedia enhancements to its iOS, Android and web products.

Company Information

Company Status
Private & Independent
Industry
EdTech
Mailing Address
3-5 Fashion St.
London, E1 6PX
UK
Email Address
Overview
The first is Science. We're obsessed with using brain science to help you learn faster. This isn't a marketing ploy- we're really experts in this stuff. And from day one we've built Memrise to embody the very best knowledge about how your brain works, and so help you learn as quickly and effortlessly as possible.
Profile
Memrise LinkedIn Company Profile
Social Media
Memrise Company Twitter Account
Company News
Memrise News
Facebook
Memrise on Facebook
YouTube
Memrise on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ed Cooke
  Ed Cooke LinkedIn Profile  Ed Cooke Twitter Account  Ed Cooke News  Ed Cooke on Facebook
Chief Operating Officer
Ben Whately
  Ben Whately LinkedIn Profile  Ben Whately Twitter Account  Ben Whately News  Ben Whately on Facebook
Chief Technical Officer
Daniel Zohar
  Daniel Zohar LinkedIn Profile  Daniel Zohar Twitter Account  Daniel Zohar News  Daniel Zohar on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/11/2018: VRstudios venture capital transaction
Next: 6/12/2018: CarLabs venture capital transaction

 

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Where The Data Comes From

We do our best to report on funding rounds that are announced publicly. All VC database entries on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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