Speak is an e-learning provider that utilizes artificial intelligence as an English tutor. The company’s software platform uses speech recognition technology so people can practice having real-world conversations in a language learning mobile application, even with capabilities such as identifying English words in a thick accent. Speak was founded by Connor Zwick in 2016 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
11/13/2024 | Series C | $77.7MM | $xx.xx | $1.17B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,728,909
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
06/18/2024 | Series B-3 | $20MM | $xx.xx | $500MM | Buckley Ventures, Jeff Weine, Khosla Ventures, OpenAI, Paul Graham | |
Price per Share
$xx.xx
Shares Outstanding
1,628,625
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Buckley Ventures, Jeff Weine, Khosla Ventures, OpenAI, Paul Graham
|
||||||
08/31/2023 | Series B-2 | $16MM | $xx.xx | $250.77MM | Arash Ferdowsi, Drew Houston, Lachy Groom | |
Price per Share
$xx.xx
Shares Outstanding
2,434,088
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Arash Ferdowsi, Drew Houston, Lachy Groom
|
||||||
11/18/2022 | Series B | $27.25MM | $xx.xx | $128.54MM | Founders Fund, Gokul Rajaram, Josh Buckly, Justin Mateen, Lachy Groom, Openai Startup Fund | |
Price per Share
$xx.xx
Shares Outstanding
8,083,891
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Gokul Rajaram, Josh Buckly, Justin Mateen, Lachy Groom, Openai Startup Fund
|
||||||
01/01/2021 | Series A | $8MM | $xx.xx | $82.21MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,375,014
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
03/21/2017 | Series A-1 | $99,999.96 | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
316,656
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-2 | $74,999.47 | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
178,146
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-3 | $99,999.74 | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
147,145
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-4 | $1.1MM | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,741,884
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-5 | $1.06MM | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,510,614
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-6 | $1.55MM | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
1,577,925
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-7 | $499,998.94 | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
445,354
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-8 | $7.55MM | $xx.xx | $60.4MM | Y Combinator | |
Price per Share
$xx.xx
Shares Outstanding
2,689,987
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Y Combinator
|