About ELSA Speak
ELSA Speak is a company based in San Francisco (United States) founded in 2016.. ELSA Speak has raised $48.23 million across 8 funding rounds from investors including Google, Uni-President and Aozora Bank. The company has 11 employees as of December 31, 2022. ELSA Speak operates in a competitive market with competitors including ClassDojo, Brainly, Unstop, Linqapp and Kaggle, among others.
- Headquarter San Francisco, United States
- Employees 11 as on 31 Dec, 2022
-
Sectors
EducationMedia & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Elsa Corp
-
Annual Revenue
$00as on Mar 08, 2016
-
Net Profit
-
EBITDA
-
Total Equity Funding
$48.23 M (USD)
in 8 rounds
-
Latest Funding Round
$23 M (USD), Series C
Sep 12, 2023
-
Investors
Google
& 16 more
-
Employee Count
11
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Funding Insights of ELSA Speak
ELSA Speak has successfully raised a total of $48.23M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $23 million completed in September 2023. 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 8
- Last Round Series C — $23.0M
-
First Round
First Round
(08 Mar 2016)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series C - ELSA Speak | Valuation | UOB | |
| Feb, 2021 | Amount | Series B - ELSA Speak | Valuation | Vietnam Investments Group , SIG Venture Capital | |
| Feb, 2019 | Amount | Series A - ELSA Speak | Valuation | Gradient Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ELSA Speak
ELSA Speak has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Uni-President and Aozora Bank. 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 |
|---|---|---|---|---|
|
Limited information is provided about UOB Venture Management.
|
Founded Year | Domain | Location | |
|
Buyouts are targeted by this private equity investment firm.
|
Founded Year | Domain | Location | |
|
Venture capital arm of Alphabet Inc. investing in AI
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ELSA Speak
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ELSA Speak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elsa Speak Comparisons
Competitors of ELSA Speak
ELSA Speak 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 ClassDojo, Brainly, Unstop, Linqapp and Kaggle, 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 |
Real-time classroom behavior feedback is delivered to students by teachers.
|
|
| domain | founded_year | HQ Location |
Learning resources for school students are provided via question-answering platform.
|
|
| domain | founded_year | HQ Location |
Online platform for talent engagement and skill based hiring
|
|
| domain | founded_year | HQ Location |
Platform offering offers digital business cards solution
|
|
| domain | founded_year | HQ Location |
IT courses and data science competitions are hosted online.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Elsa Speak
Frequently Asked Questions about ELSA Speak
When was ELSA Speak founded?
ELSA Speak was founded in 2016.
Where is ELSA Speak located?
ELSA Speak is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is ELSA Speak a funded company?
ELSA Speak is a funded company, having raised a total of $48.23M across 8 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Mar 08, 2016.
How many employees does ELSA Speak have?
As of Dec 31, 2022, the latest employee count at ELSA Speak is 11.
What does ELSA Speak do?
ELSA Speak was founded in 2016 in San Francisco, United States, within the edtech sector focused on language learning. An application is provided that employs speech recognition technology for feedback on pronunciation, intonation, and fluency. Personalized learning paths are offered, along with interactive role-plays and bilingual support. Preparation for English proficiency exams is also included in the apps features.
Who are the top competitors of ELSA Speak?
Who are ELSA Speak's investors?
ELSA Speak has 17 investors. Key investors include Google, Uni-President, Aozora Bank, European Union, and Development Bank of Japan.