usespeak.comEducation / Education softwareFounded: 2016Funding to Date: $83.28MM
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 | |
---|---|---|---|---|---|---|
04/05/2024 | Series B-3 | $20MM | $xx.xx | $503.65MM | Undisclosed Investors | |
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
N/A
Key Investors
Undisclosed Investors
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08/31/2023 | Series B-2 | $16MM | $xx.xx | $250.77MM | Lachy Groom, Drew Houston, Arash Ferdowsi | |
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
N/A
Key Investors
Lachy Groom, Drew Houston, Arash Ferdowsi
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11/18/2022 | Series B | $27.25MM | $xx.xx | $128.54MM | OpenAI Startup Fund, Founders Fund, Lachy Groom, Josh Buckly, Justin Mateen, Gokul Rajaram | |
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
N/A
Key Investors
OpenAI Startup Fund, Founders Fund, Lachy Groom, Josh Buckly, Justin Mateen, Gokul Rajaram
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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
N/A
Key Investors
Undisclosed Investors
|
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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
N/A
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-7 | $499,998 | $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
N/A
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
N/A
Key Investors
Y Combinator
|
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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
N/A
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
N/A
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-3 | $99,999 | $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
N/A
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-2 | $74,999 | $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
N/A
Key Investors
Y Combinator
|
||||||
03/21/2017 | Series A-1 | $99,999 | $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
N/A
Key Investors
Y Combinator
|