About Carnegie Speech
Carnegie Speech is a company based in Pittsburgh (United States) founded in 2001.. Carnegie Speech has raised $14.38 million across 7 funding rounds from investors including Golden Seeds, Osage Partners and New York Angels. Carnegie Speech offers products and services including NativeAccent, Carnegie Speech Assessment, and Climb Level 4. Carnegie Speech operates in a competitive market with competitors including Voxy, Babbel, Rosetta Stone, Blue Canoe and EnglishCentral, among others.
- Headquarter Pittsburgh, United States
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Sectors
EducationTechnology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.38 M (USD)
in 7 rounds
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Latest Funding Round
$554.76 K (USD), Series B
Mar 28, 2013
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Investors
Golden Seeds
& 6 more
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Employee Count
Employee Count
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Products & Services of Carnegie Speech
Carnegie Speech offers a comprehensive portfolio of products and services, including NativeAccent, Carnegie Speech Assessment, and Climb Level 4. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers personalized, scalable training for spoken English skills.
Provides quick, comprehensive tools for evaluating English proficiency.
Offers aviation-focused English training for certification preparation.
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Funding Insights of Carnegie Speech
Carnegie Speech has successfully raised a total of $14.38M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $554.76 thousand completed in March 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series B — $554,757
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First Round
First Round
(01 Oct 2007)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2013 | Amount | Series B - Carnegie Speech | Valuation |
investors |
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| May, 2012 | Amount | Series B - Carnegie Speech | Valuation | Golden Seeds | |
| May, 2011 | Amount | Series A - Carnegie Speech | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Carnegie Speech
Carnegie Speech has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Golden Seeds, Osage Partners and New York Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech & Life-Sciences focused VC Firm investing in the US
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Venture capital investments in early stage B2B software and academic research startups.
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Founded Year | Domain | Location | |
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Early-stage technology startups are funded by New York Angels network.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Carnegie Speech
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Carnegie Speech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carnegie Speech Comparisons
Competitors of Carnegie Speech
Carnegie Speech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Voxy, Babbel, Rosetta Stone, Blue Canoe and EnglishCentral, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
English language learning through online courses and tutoring
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| domain | founded_year | HQ Location |
SaaS-based language learning solutions are offered through interactive courses.
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| domain | founded_year | HQ Location |
Speech-recognition technology is utilized for language learning software solutions.
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| domain | founded_year | HQ Location |
Provider of an app-based platform to improve pronunciation and business communication
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| domain | founded_year | HQ Location |
Web-based conversational english language learning platform
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| domain | founded_year | HQ Location |
SaaS-based learning solutions for English language teachers are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carnegie Speech
Frequently Asked Questions about Carnegie Speech
When was Carnegie Speech founded?
Carnegie Speech was founded in 2001 and raised its 1st funding round 6 years after it was founded.
Where is Carnegie Speech located?
Carnegie Speech is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is Carnegie Speech a funded company?
Carnegie Speech is a funded company, having raised a total of $14.38M across 7 funding rounds to date. The company's 1st funding round was a Series A of $1.66M, raised on Oct 01, 2007.
What does Carnegie Speech do?
Carnegie Speech was founded in 2001 in Pittsburgh, United States, within the edtech sector focused on language training. Software for assessing and tutoring English speaking skills is provided, with pronunciation, grammar, and fluency evaluated for accuracy. Customized pronunciation exercises are generated using speech recognition and AI technologies licensed from Carnegie Mellon University. Operations also include preparation programs for international pilots and air traffic controllers taking the ICAO Aviation English test.
Who are the top competitors of Carnegie Speech?
Carnegie Speech's top competitors include Babbel, Voxy and Rosetta Stone.
What products or services does Carnegie Speech offer?
Carnegie Speech offers NativeAccent, Carnegie Speech Assessment, and Climb Level 4.
Who are Carnegie Speech's investors?
Carnegie Speech has 7 investors. Key investors include Golden Seeds, Osage Partners, New York Angels, In-Q-Tel, and Mid Atlantic Angel Group.