About Speek
Speek is a company based in Ashburn (United States) founded in 2012 was acquired by Jive Communications in June 2015.. Speek has raised $6.45 million across 6 funding rounds from investors including Jive Communications, NextGen Venture Partners and Militello Capital. Speek operates in a competitive market with competitors including RingCentral, Fuze, Webex, Weave and Mitel, among others.
- Headquarter Ashburn, United States
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Sectors
Technology
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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
$6.45 M (USD)
in 6 rounds
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Latest Funding Round
$5.1 M (USD), Series A
Mar 03, 2014
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Investors
Jive Communications
& 15 more
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Employee Count
Employee Count
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Acquired by
Jive Communications
(Jun 29, 2015)
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Funding Insights of Speek
Speek has successfully raised a total of $6.45M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.1 million completed in March 2014. 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 6
- Last Round Series A — $5.1M
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First Round
First Round
(17 Jun 2012)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2014 | Amount | Series A - Speek | Valuation | 500 Global , Middleland Capital | |
| Aug, 2013 | Amount | Debt – Venture - Speek | Valuation |
investors |
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| Dec, 2012 | Amount | Seed - Speek | Valuation |
investors |
| 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 Speek
Speek has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Jive Communications, NextGen Venture Partners and Militello 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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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Tech-focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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Early-stage VC firm funding companies in the US
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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 Speek
| 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.
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2016 |
Financial Statements - Speek
| 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 |
Speek Comparisons
Competitors of Speek
Speek 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, Fuze, Webex, Weave and Mitel, 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 |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
Unified communication platforms are managed via cloud-based systems.
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| domain | founded_year | HQ Location |
Cloud-based employee communication platform is provided for internal collaboration.
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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 Speek
When was Speek founded?
Speek was founded in 2012.
Where is Speek located?
Speek is headquartered in Ashburn, United States. It is registered at Ashburn, Virginia, United States.
Is Speek a funded company?
Speek is a funded company, having raised a total of $6.45M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Jun 17, 2012.
What does Speek do?
Speek was founded in 2012 in Ashburn, United States, within the conferencing software sector. Personalized links are distributed to users for initiating and joining calls from phones, web browsers, or mobile devices. Resources such as notes and documents are shared among participants once connected. The company was acquired by Jive Communications on June 25, 2015.
Who are the top competitors of Speek?
Speek's top competitors include Webex, Bandwidth and RingCentral.
Who are Speek's investors?
Speek has 16 investors. Key investors include Jive Communications, NextGen Venture Partners, Militello Capital, Piedmont Angel Network, and 500 Global.
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