HomeFinTechSpeak: Raises $27M in Series B Funding

Speak: Raises $27M in Series B Funding

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Speak Raises $27M in Series B Funding

  • 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 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
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