About Speechly
Speechly is a company based in Finland founded in 2016 by Janne Pylkkonen, Markus Lang, Otto Soderlund, and Hannes Heikinheimo was acquired by Roblox in September 2023.. Speechly has raised $2.23 million across 1 funding round from investors including Roblox, Seedcamp and Tiny VC. Speechly operates in a competitive market with competitors including RingCentral, Avaya, Vonage, Agora and Bandwidth, among others.
- Headquarter Finland
- Founders Janne Pylkkonen, Markus Lang, Otto Soderlund, Hannes Heikinheimo
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of Speechly
Speechly has successfully raised a total of $2.23M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.23 million completed in December 2019. 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 — $2.2M
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First Round
First Round
(19 Dec 2019)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Seed - Speechly | Valuation | Cherry Ventures |
| 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 Speechly
Speechly has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Roblox, Seedcamp and Tiny 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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Provider of early-stage venture capital funding for European technology companies
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech sectors
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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 Speechly
| 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 - Speechly
| 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 |
Speechly Comparisons
Competitors of Speechly
Speechly 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 RingCentral, Avaya, Vonage, Agora and Bandwidth, 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 |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Cloud-based unified communication software is delivered for businesses.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Real-time communication and conversational AI solutions are provided by Agora.
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| domain | founded_year | HQ Location |
VoIP communication management is facilitated via a cloud-based enterprise platform.
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| domain | founded_year | HQ Location |
Provider of customer communications management platform
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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 Speechly
Frequently Asked Questions about Speechly
When was Speechly founded?
Speechly was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Speechly located?
Speechly is headquartered in Finland.
Who is the current CEO of Speechly?
Otto Soderlund is the current CEO of Speechly. They have also founded this company.
Is Speechly a funded company?
Speechly is a funded company, having raised a total of $2.23M across 1 funding round to date. The company's 1st funding round was a Seed of $2.23M, raised on Dec 19, 2019.
What does Speechly do?
Speechly was founded in 2016 in Finland as a provider of cloud-based voice APIs. Integration of voice interfaces into applications, websites, services, and processes is enabled through these APIs. Speech recognition, deep learning, and natural language understanding technologies are employed to interpret user queries. The company operates in the voice technology sector, supporting developers with tools for voice-enabled products.
Who are the top competitors of Speechly?
Who are Speechly's investors?
Speechly has 9 investors. Key investors include Roblox, Seedcamp, Tiny VC, Cherry Ventures, and Quantum Angel Network.
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