About Speakly
Speakly is a company based in Tallinn (Estonia) founded in 2016.. Speakly has raised $980.63 thousand across 1 funding round from investors including Contriber, Superhero Capital and Trind VC. Speakly offers products and services including Speakly App and LIVE Language Course. Speakly operates in a competitive market with competitors including Gymglish, OckyPocky, Chatterbox, HelloTalk and Flash Academy, among others.
- Headquarter Tallinn, Estonia
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Sectors
EducationMedia & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Speakly Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$980.63 K (USD)
in 1 rounds
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Latest Funding Round
$980.63 K (USD), Seed
Apr 03, 2020
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Investors
Contriber
& 3 more
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Employee Count
Employee Count
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Products & Services of Speakly
Speakly offers a comprehensive portfolio of products and services, including Speakly App and LIVE Language Course. 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.
Mobile app for learning languages with relevant words and spaced repetition.
Lifetime course offering real-life practice in multiple languages.
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Funding Insights of Speakly
Speakly has successfully raised a total of $980.63K through 1 strategic funding round. The most recent funding activity was a Seed round of $980.63 thousand completed in April 2020. 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 1
- Last Round Seed — $980,631
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First Round
First Round
(03 Apr 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Seed - Speakly | Valuation | Superhero Capital |
| 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 Speakly
Speakly has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Contriber, Superhero Capital and Trind VC. 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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Superhero Capital is focused on seed funding for startups.
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Founded Year | Domain | Location | |
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Investments in ICT startups are made by Trind VC.
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Founded Year | Domain | Location | |
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Seed-stage technology startups are invested in by TrueSight Ventures.
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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 Speakly
| 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 - Speakly
| 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 |
Speakly Comparisons
Competitors of Speakly
Speakly 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 Gymglish, OckyPocky, Chatterbox, HelloTalk and Flash Academy, 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 |
Adaptive English lessons are delivered via daily emails.
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| domain | founded_year | HQ Location |
Vernacular-based English learning app for preschool kids is provided.
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| domain | founded_year | HQ Location |
Online language classes for professionals are taught by refugees.
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| domain | founded_year | HQ Location |
Language learning is enabled through a peer-to-peer mobile app.
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| domain | founded_year | HQ Location |
An adaptive mobile app for language learning is 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 Speakly
Frequently Asked Questions about Speakly
When was Speakly founded?
Speakly was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Speakly located?
Speakly is headquartered in Tallinn, Estonia.
Is Speakly a funded company?
Speakly is a funded company, having raised a total of $980.63K across 1 funding round to date. The company's 1st funding round was a Seed of $980.63K, raised on Apr 03, 2020.
What does Speakly do?
Speakly was founded in 2016 in Tallinn, Estonia, within the edtech sector. Online resources for language learning are offered, focusing on vocabulary tailored to contexts such as travel, work, and study abroad. Languages including French, Russian, and German are supported through a spaced repetition method. Access is available via Android and iOS apps on a subscription basis.
Who are the top competitors of Speakly?
Speakly's top competitors include YBM, OckyPocky and Flash Academy.
What products or services does Speakly offer?
Speakly offers Speakly App and LIVE Language Course.
Who are Speakly's investors?
Speakly has 4 investors. Key investors include Contriber, Superhero Capital, Trind VC, and TrueSight Ventures.
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