SpeedLabs

Mumbai, India Founded: 2015 • Age: 11 yrs
An AI-powered platform for K-12 student learning is provided.
Annual revenue $718,168 Latest available
Total funding $8.8M 13 rounds
Employees 1 Tracked headcount
Investors 152 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About SpeedLabs

SpeedLabs is a company based in Mumbai (India) founded in 2015 by Praveen Gadelli, Harsh Singh, and Vivek Varshney. SpeedLabs has raised $8.77 million across 13 funding rounds from investors including Mumbai Angels, LEO 1 and LetsVenture. The company has 1 employees as of March 30, 2024. SpeedLabs offers products and services including Learning App, Online Tutoring, and Coding Courses. SpeedLabs operates in a competitive market with competitors including Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.

  • Headquarter Mumbai, India
  • Employees 1 as on 30 Mar, 2024
  • Founders Praveen Gadelli, Harsh Singh, Vivek Varshney
  • Stage Minicorn
  • Sectors
    Education
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Teevra Edutech Private Limited
  • Date of Incorporation 29 Jul, 2015
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Education → Education Technology (EdTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $718.17 K (USD)
    17.89
    as on Mar 31, 2023
  • Net Profit
    -$1.57 M (USD)
    -0.35
    as on Mar 31, 2023
  • EBITDA
    -$1.18 M (USD)
    3.94
    as on Mar 31, 2023
  • Total Equity Funding
    $8.77 M (USD)

    in 13 rounds

  • Latest Funding Round
    Not available
  • Investors
    Mumbai Angels

    & 151 more

  • Employee Count
    1

    as on Mar 30, 2024

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Products & Services of SpeedLabs

SpeedLabs offers a comprehensive portfolio of products and services, including Learning App, Online Tutoring, and Coding Courses.

Product name locked
Category locked
Primary

AI-powered app for personalized practice and adaptive learning.

Product name locked
Category locked
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Interactive classes for doubt clearing and concept revision.

Product name locked
Category locked
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Age-specific programs for coding and tech education.

People of SpeedLabs

Headcount 200-500
Employee Profiles 8
Employee Profiles
People
Sulekha Mishra
Business Manager
People
Viswajeet Singh Gautam
Business Development Manager
People
Qayyum Khan
Business Development Manager
People
Gaurav Chaurasia
Business Development Associate

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Funding Insights of SpeedLabs

SpeedLabs has successfully raised a total of $8.77M across 13 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.

Investors in SpeedLabs

SpeedLabs has secured backing from 152 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Mumbai Angels, LEO 1 and LetsVenture.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on pre-series A to series A stage companies
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Investment and strategic support for startups are provided by Ecosystem Ventures.
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Sector agnostic VC arm investing in early-stage startups
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Investor details for SpeedLabs

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by SpeedLabs

Investments
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Investment portfolio details for SpeedLabs

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  • Portfolio identities
  • Transaction dates
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Financial Statements - SpeedLabs

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Detailed financials for SpeedLabs

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  • Historical revenue
  • Profit trends
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Speedlabs Comparisons

SpeedLabs Primary company
Description
An AI-powered platform for K-12 student learning is provided...
Location
Mumbai, India
Founded Year
2015
Annual Revenue
$718.17 K (USD)
Net Profit
-$1.57 M (USD)
EBITDA
-$1.18 M (USD)
Employees
1
As of 2024
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Peer comparison for SpeedLabs

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of SpeedLabs

SpeedLabs 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 Vedantu, GoStudent, Ruangguru, Varsity Tutors and Filo, among others.

Company Name Domain Founded year HQ Location Description
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Live interactive K-12 tutoring platform is provided online.
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Provider of online tutoring platform for K-12 students
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Self-learning solutions are delivered via an online education platform.
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Live online tutoring and test prep platform is operated.
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On-demand one-to-one tutoring is connected between students and tutors.
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A social learning platform is provided for students worldwide.
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Detailed competitors of SpeedLabs

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Speedlabs

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Complete news archive for SpeedLabs

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about SpeedLabs

SpeedLabs was founded in 2015 and raised its 1st funding round 1 year after it was founded.

SpeedLabs is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Vivek Varshney is the current CEO of SpeedLabs. They have also founded this company.

SpeedLabs is a funded company, having raised a total of $8.77M across 13 funding rounds to date.

As of Mar 30, 2024, the latest employee count at SpeedLabs is 1.

Annual revenue of SpeedLabs is $718.17K as on Mar 31, 2023.

SpeedLabs was established in 2015 and is based in Mumbai, India. Operations focus on the education technology sector, where a digital platform is maintained for K-12 students. Online tutorials, video lessons, educational resources, AI-generated practice questions, and analytics tools are delivered to facilitate academic support. The platforms features enable tracking of student progress in a structured online environment.

SpeedLabs's top competitors include Vedantu, Oda Class and Filo.

SpeedLabs offers Learning App, Online Tutoring, and Coding Courses.

SpeedLabs has 152 investors. Key investors include Mumbai Angels, LEO 1, LetsVenture, Bay Cap, and Lepton Software.

The valuation of SpeedLabs is $11.58M as of Apr 2024.

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