ReadSpeaker
About ReadSpeaker
ReadSpeaker is a company founded in 1999 was acquired by HOYA in July 2017.. ReadSpeaker operates in a competitive market with competitors including D2L, Instructure, Moodle, 2U and Schoology, among others.
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Sectors
HealthcareEducation
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Phone
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Website
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Social
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Funding Insights of ReadSpeaker
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $328,503
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First Round
First Round
(01 Feb 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2020 | Amount | Grant - ReadSpeaker | Valuation |
investors |
| 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 ReadSpeaker
ReadSpeaker has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HOYA and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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A wide range of medical devices is developed by HOYA.
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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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Venture capital is directed toward companies in multiple sectors.
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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 ReadSpeaker
| 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 - ReadSpeaker
| 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 |
Readspeaker Comparisons
Competitors of ReadSpeaker
ReadSpeaker 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 D2L, Instructure, Moodle, 2U and Schoology, 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 |
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| domain | founded_year | HQ Location |
Learning management systems are provided for multiple sectors.
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| domain | founded_year | HQ Location |
Cloud-based learning management systems are provided for educational courses.
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| domain | founded_year | HQ Location |
An open-source learning management platform is developed for education.
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| domain | founded_year | HQ Location |
Learning platforms are provided for students from preschool to college.
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Online platform offering learning management system
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| domain | founded_year | HQ Location |
Interactive e-books and learning assessments are offered by Kno.
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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 Readspeaker
Frequently Asked Questions about ReadSpeaker
When was ReadSpeaker founded?
ReadSpeaker was founded in 1999 and raised its 1st funding round 21 years after it was founded.
What does ReadSpeaker do?
ReadSpeaker was founded in 1999 and operates in the text-to-speech sector. Solutions for speech-enabling and viewing digital content are provided across websites, mobile applications, connected devices, e-books, e-learning materials, documents, and forms. Support is extended to over 40 languages and more than 100 voices, facilitating accessibility for various platforms and users globally.
Who are the top competitors of ReadSpeaker?
ReadSpeaker's top competitors include Instructure, D2L and 2U.
Who are ReadSpeaker's investors?
ReadSpeaker has 2 investors. Key investors include HOYA, and European Union.
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