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
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Sectors
Education
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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 Teevra Edutech Private Limited
- Date of Incorporation 29 Jul, 2015
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$718.17 K (USD)17.89as on Mar 31, 2023
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Net Profit
-$1.57 M (USD)-0.35as on Mar 31, 2023
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EBITDA
-$1.18 M (USD)3.94as on Mar 31, 2023
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Total Equity Funding
$8.77 M (USD)
in 13 rounds
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Latest Funding Round
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Investors
Mumbai Angels
& 151 more
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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.
AI-powered app for personalized practice and adaptive learning.
Interactive classes for doubt clearing and concept revision.
Age-specific programs for coding and tech education.
People of SpeedLabs
Unlock access to complete
Sales and Marketing
4 people
Business Team
1 people
Founder Team
1 people
General Team
1 people
Operations Team
1 people
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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.
- Total Funding Total Funding
- Total Rounds 13
- Last Round Last Round
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First Round
First Round
(29 Mar 2016)
- Investors Count 152
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Seed - SpeedLabs | Valuation | VentureSoul |
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| Mar, 2025 | Amount | Seed - SpeedLabs | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - SpeedLabs | Valuation | Bay Capital , 35 North Ventures |
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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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on pre-series A to series A stage companies
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Founded Year | Domain | Location | |
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Investment and strategic support for startups are provided by Ecosystem Ventures.
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Founded Year | Domain | Location | |
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Sector agnostic VC arm investing in early-stage startups
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Founded Year | Domain | Location |
Investments & Acquisitions by SpeedLabs
Financial Statements - SpeedLabs
Speedlabs Comparisons
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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Live interactive K-12 tutoring platform is provided online.
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| domain | founded_year | HQ Location |
Provider of online tutoring platform for K-12 students
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| domain | founded_year | HQ Location |
Self-learning solutions are delivered via an online education platform.
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| domain | founded_year | HQ Location |
Live online tutoring and test prep platform is operated.
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| domain | founded_year | HQ Location |
On-demand one-to-one tutoring is connected between students and tutors.
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| domain | founded_year | HQ Location |
A social learning platform is provided for students worldwide.
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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. The company's 1st funding round was a Seed of $251.87K, raised on Mar 29, 2016.
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 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.