Fundz

Speak Lands Investment From Openai To Expand Its Language Learning Platform

PRIVATENov 17, 2022

Round Type

Venture

San FranciscoArtificial IntelligenceMachine LearningNatural Language ProcessingLanguage Learning

Investors

OpenAI Startup FundFounders FundThe Open Ai Startup Fund

Description

Speak, an English language learning platform with AI-powered features, today announced that it raised $27 million in a Series B funding round led by the OpenAI Startup Fund, with participation from Lachy Groom, Josh Buckley, Justin Mateen, Gokul Rajaram and Founders Fund. Notably, Speak is the third startup in which OpenAI, the AI lab closely aligned with Microsoft, has publicly invested through its fund — the others being Descript and Mem.

Quick answer

Speak raised an undisclosed amount in a funding round, dated November 17, 2022. Investors: OpenAI Startup Fund, Founders Fund and The Open Ai Startup Fund. Speak is based in San Francisco, California, United States.

How much did Speak raise?
Speak raised an undisclosed amount in a funding round on November 17, 2022.
Who invested in Speak?
OpenAI Startup Fund, Founders Fund and The Open Ai Startup Fund are named as investors in this round.
What does Speak do?
Speak is a language learning app that sets users on the path to fluency with the world’s most advanced AI tutor.
Where is Speak based and how big is it?
Speak is based in San Francisco, California, United States.
Who are the decision-makers at Speak?
Fundz holds 1 contact at Speak. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Language Learning around the same time

Companies in the same sectors as Speak that raised within 45 days of this round, from Fundz verified event records.

  • EvolutionIQ raised $7M on December 22, 2022.
  • Hypercraft raised an undisclosed amount (Debt Financing) on December 21, 2022.
  • CodaMetrix raised $57M on December 16, 2022.
  • Cloverpop raised an undisclosed amount (Series A) on December 14, 2022.
  • Akros Technologies raised an undisclosed amount (Funding Round) on December 9, 2022.
  • Seek AI raised $5.2M on December 8, 2022.

Who to call at Speak, and when

A new round usually means Speak is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Speak raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Speak, from your own LinkedIn network

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Company Information

Company

Speak

Location

San Francisco, California, United States

About

Speak is a language learning app that sets users on the path to fluency with the world’s most advanced AI tutor. Built on the core learning philosophy of getting users speaking out loud as much as possible, Speak's AI language-learning experience encourages dynamic two-way dialogue through personalized content and real-time speech recognition.

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