Speak has raised a total of $162 million over multiple funding rounds, achieving unicorn status in December 2024. Headquartered in San Francisco, California, the company offers an AI-powered language learning platform that enables users to practice conversational English with an AI bot. Its mobile application is available on iOS and Android, enabling learners worldwide to improve their language skills interactively. Speak utilizes AI to deliver personalized learning experiences, thereby enhancing engagement, fluency, and confidence in English communication.
Keep reading to explore Speak’s funding history, key investors, and what’s next for this continued learning innovator.
What Is Speak and What Does It Do?
Founded in 2016 and headquartered in San Francisco, California, United States, Speak provides AI-driven language learning solutions. Its platform uses conversational AI to help users practice English in real-world scenarios. The mobile app allows learners to improve fluency, pronunciation, and vocabulary interactively.
Speak targets both individual learners and enterprise clients seeking language training solutions. By combining AI with educational content, the company delivers personalized, scalable, and engaging language learning experiences for users globally.
How Much Funding Has Speak Raised?
- Seed & Series A-B
- Amount Raised: Not publicly disclosed
- Date: 2016–2018
- Lead Investors: Not publicly disclosed
- Motivation: Platform development and AI-driven learning model creation.
- Series C
- Amount Raised: $78M
- Date: November 13, 2024
- Lead Investors: Founders Fund, Accel
- Motivation: Scale platform, global expansion, and enhance AI learning capabilities.
Total Funding Raised: $162M
Latest Funding Date: November 13, 2024
Key Investors
- Founders Fund
- Details: Venture capital firm investing in transformative technology startups.
- Investment Focus Areas: AI, education technology, and scalable consumer platforms.
- Notable Investments: Early-stage tech companies with high growth potential.
- Accel
- Details: Global venture capital firm supporting technology companies.
- Investment Focus Areas: AI-powered solutions, edtech, and enterprise software.
- Notable Investments: Innovative software and AI startups.
Where Is Speak’s Headquarters?
Speak is headquartered in San Francisco, California, United States, providing access to AI talent, educational networks, and strategic investors.
What’s Next for Speak?
Following its unicorn milestone, Speak plans to expand its AI language learning platform, enhance conversational AI capabilities, and broaden adoption across individuals and enterprises worldwide. The company aims to enhance user fluency, engagement, and learning outcomes by utilizing scalable AI-driven solutions.
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