Speak, a San Francisco, CA-based AI language startup, raised $16m in Series B-2 funding.
The round, which brought total funding to $63m, was led by Lachy Groom, with participation from all existing major investors including the OpenAI Startup Fund and new strategic investors such as the founders of Dropbox, Drew Houston, and Arash Ferdowsi.
The company intends to use the funds to accelerate development of its AI Tutor, continue expansion into international markets, and hire new talent to support our availability in newer markets.
Led by CEO Connor Zwick, Speak enables users to learn languages by talking about anything and get instant feedback from an AI language tutor. The company had been exclusively focused on South Korea investing in the app experience, and, in 2023, they began international expansion. It is now live in more than 20 countries including Japan, Taiwan, Germany, France, Brazil, Mexico, and more.
FinSMEs
31/08/2023