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Speak

ACTIVE
Startup
Speakeasy LabsSpeak: Language Learning

US company developing an AI-powered language learning app focused on spoken fluency and speech recognition; backed by the OpenAI Startup Fund.

Founded2016United States
HQSan FranciscoUnited States
Total funding$141000B4 · 2022–2024
Valuation$1 billion🦄post-money · 2024
01 · About

Speak

Founded 2016 · San Francisco, United States

Speak (legal entity Speakeasy Labs, Inc.) is a US technology company headquartered in San Francisco that develops an AI-powered language learning app. The product focuses on building spoken fluency through speech recognition, AI conversation and personalized lessons rather than memorizing vocabulary and grammar alone. The company launched in its first market, South Korea, in 2019 and has expanded to more than 40 countries, surpassing 15 million downloads. Speak is backed by the OpenAI Startup Fund and has collaborated with OpenAI, including as a launch partner for speech recognition technology. English speakers can learn Spanish, French, Korean, Japanese, Italian and Simplified Chinese, and Speak also offers English courses for speakers of many other languages. The company also runs Speak for Business, a solution for organizations. The team numbers around 130 people working from offices in San Francisco, Seoul, Tokyo, Taipei and Ljubljana.

  • Connor Zwick

    Co-founder & CEO

    Thiel Fellow; previously founder of the education app Flashcards+ (acquired by Chegg).

  • Andrew Hsu

    Co-founder

    Thiel Fellow; met Connor Zwick through the program.

02 · What they do

Domain of activity

4 technologies · 2 industries
How they do it4Technologies
  • Speech AI
  • LLM
  • Generative AI
  • NLP
Who for2Industries
  • Education
  • Software & Technology
03 · Geography

Global presence

HQ San Francisco · 4 offices · 3 regions
GlobalAsiaNorth America
04 · Metrics

Scale & funding

founded 2016 · Series C
2016founded
Around 130 people (team across 5 offices)employees
$141Mtotal funding
Series Clatest round
growthdevelopment stage
Privatenot listed
activestatus
$141M
total funding
4 · 2022–2024
Series BNovember 2022OpenAI Startup Fund, Lachy Groom, Josh Buckley, Justin Mateen, Gokul Rajaram, Founders FundRound led by the OpenAI Startup Fund.
$27M
Series B-2August 2023Lachy Groom, Drew Houston, Arash FerdowsiLed by Lachy Groom; total raised reached $63M.
$16M
Series B extensionJune 2024Buckley Ventures, OpenAI Startup Fund, Khosla Ventures, Paul Graham, Jeff WeinerLed by Buckley Ventures; total raised $84M, valuation doubled to ~$500M.
$20M
Series CDecember 2024Accel, OpenAI Startup Fund, Khosla Ventures, Y CombinatorLed by Accel; $1B valuation.
$78M
07 · Classification

Profile & metadata

4 classification · 1 external links

Classification

  • Statusactive
  • Development stagegrowth
  • Listed onNoprivate
  • Organization typeStartup

External links