Speak

Speak

AI-powered language learning mobile application

About

Speak.com specializes in language learning solutions, focusing on helping users practice English through an AI-powered mobile application. This app allows users to engage in realistic conversational scenarios without needing a live tutor, using advanced artificial intelligence to simulate conversations. Users receive immediate feedback and personalized learning experiences, making it suitable for a wide range of individuals, from students to professionals. Unlike many competitors, Speak.com stands out due to its effective use of AI technology and a user-friendly interface. The company operates on a subscription-based model, offering various service tiers to accommodate different user needs and budgets. Speak.comโ€™s goal is to make language learning more accessible and efficient by eliminating the need for scheduling and live tutors, providing a flexible solution for learners around the world.

Company Stage

Series C

Employees

201-500

Industries

Consumer Software, AI & Machine Learning, Education

Total Funding

$161.2M

Headquarters

San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Speak raised $78M in Series C funding, reaching a $1B valuation in 2024.
  • The app has over 10 million downloads and offers courses in multiple languages.
  • Named Google Play's Best App of 2024 in Hong Kong, Korea, and Taiwan.

What critics are saying

  • Increased competition from new AI language learning apps could dilute market share.
  • Rapid AI technology development may lead to obsolescence of current offerings.
  • Privacy concerns related to AI data collection could impact user trust.

What makes Speak unique

  • Speak uses AI to simulate realistic conversations for language learning.
  • The app provides real-time feedback and personalized learning experiences.
  • Speak's user-friendly interface and mobile-first approach cater to on-the-go learners.

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Growth & Insights
Headcount

6 month growth

โ†‘ 0%

1 year growth

โ†“ -4%

2 year growth

โ†“ -3%

Benefits

Company Equity

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