About Speakingpal
Speakingpal is a company based in Tel Aviv (Israel) founded in 2009.. Speakingpal has raised $1 million across 2 funding rounds from investors including EduLab and Maxfield Capital. Speakingpal operates in a competitive market with competitors including Voxy, NovaKid, Qualson, Learnlight and Mrs Wordsmith, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Education
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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
$1 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
EduLab
& 1 more
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Employee Count
Employee Count
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Funding Insights of Speakingpal
Speakingpal has successfully raised a total of $1M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(28 May 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2016 | Amount | Seed - Speakingpal | Valuation | EduLab |
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| May, 2014 | Amount | Seed - Speakingpal | Valuation | Maxfield Capital |
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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 Speakingpal
Speakingpal has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EduLab and Maxfield Capital. 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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EduLab is engaged in developing next-generation educational solutions globally.
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Founded Year | Domain | Location | |
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Maxfield Capital is engaged in venture capital investments for technology companies.
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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 Speakingpal
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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.
|
2016 |
Financial Statements - Speakingpal
| 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 |
Speakingpal Comparisons
Competitors of Speakingpal
Speakingpal 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, NovaKid, Qualson, Learnlight and Mrs Wordsmith, 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 |
Online tutoring platform providing English lessons to kids
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| domain | founded_year | HQ Location |
Mobile-based English learning services are offered to corporate users.
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| domain | founded_year | HQ Location |
Learning management systems and enterprise courses are provided.
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| domain | founded_year | HQ Location |
Vocabulary resources are delivered via activities and flashcards.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Speakingpal
When was Speakingpal founded?
Speakingpal was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is Speakingpal located?
Speakingpal is headquartered in Tel Aviv, Israel.
Is Speakingpal a funded company?
Speakingpal is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on May 28, 2014.
What does Speakingpal do?
SpeakingPal is a mobile app that focuses on improving English speaking skills. Users speak to a video character in a short dialog and get feedback on hisher speaking performance. A review screen provides all utterances that were spoken, along with the color-coding for each word of each utterance so that users can pinpoint where to improve. In addition, at the review stage, the user can hear hisher own recording, compare it to a video of a native speaker and re-record the utterance. Users can also take quizzes and view lessons. Available on iOS and Android.
Who are the top competitors of Speakingpal?
Speakingpal's top competitors include NovaKid, Voxy and Mrs Wordsmith.
Who are Speakingpal's investors?
Speakingpal has 2 investors. Key investors include EduLab, and Maxfield Capital.