Speak, a South Korean startup that uses artificial intelligence to help people learn English, raised $27m in Series B funding.
The round was led by the OpenAI Startup Fund, with participation from Lachy Groom, Josh Buckley, Justin Mateen, Gokul Rajaram, and Founders Fund.
The company intends to use the funds to accelerate development of new conversational language experiences through generative AI, faster expansion to new regions and languages, and hiring to support these goals.
founded in 2016 by Connor Zwick and Andrew Hsu, Speak is a language learning startup that allows language learners to have conversations with an AI tutor while receiving feedback on its skills. The company has developed a collection of content experiences that allow learners to practice conversing in English, modeling every day scenarios and interactions.
The company initially launched in Southeast Asia with a particular focus on South Korea, and has gained traction, with double-digit million ARR and nearly 100,000 paying subscribers.
FinSMEs
18/11/2022