About VirtualSpeech
VirtualSpeech is a company based in Leamington Spa (United Kingdom) founded in 2015 by Sophie Thompson.. VirtualSpeech offers products and services including AI Roleplays, VR Training, and Online Exercises. VirtualSpeech operates in a competitive market with competitors including Praxis Labs, Maxme, Fullbridge, Vani and Lifeed, among others.
- Headquarter Leamington Spa, United Kingdom
- Founders Sophie Thompson
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Sectors
EducationTechnology
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- Legal Name Virtualspeech Ltd
- Date of Incorporation 30 Mar, 2015
- Jurisdiction LONDON, UNITED KINGDOM
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Products & Services of VirtualSpeech
VirtualSpeech offers a comprehensive portfolio of products and services, including AI Roleplays, VR Training, and Online Exercises. 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.
Simulates conversations for skill practice with AI feedback
Enables practice in virtual environments for real-world preparation
Provides browser-accessible exercises for skill assessment and improvement
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Funding Insights of VirtualSpeech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2017 | Amount | Seed - VirtualSpeech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in VirtualSpeech
VirtualSpeech has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Boost 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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Investing in Deep Tech and emerging technologies for 12 years.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by VirtualSpeech
| 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 - VirtualSpeech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Virtualspeech Comparisons
Competitors of VirtualSpeech
VirtualSpeech 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 Praxis Labs, Maxme, Fullbridge, Vani and Lifeed, 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 |
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Immersive AR/VR platform for enterprise learning and development is provided.
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LMS platform for employee soft skills development is provided.
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Professional training programs are offered online and in-person for corporates.
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AI-powered coaching for communication skills is provided.
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Provider of a digital platform for employee development
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Virtualspeech
Frequently Asked Questions about VirtualSpeech
When was VirtualSpeech founded?
VirtualSpeech was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is VirtualSpeech located?
VirtualSpeech is headquartered in Leamington Spa, United Kingdom.
Who is the current CEO of VirtualSpeech?
Sophie Thompson is the current CEO of VirtualSpeech. They have also founded this company.
What does VirtualSpeech do?
VirtualSpeech provides apps for training on public speaking, interview preparation, events, language learning, etc using virtual reality. The app works with virtual reality headsets such as Google Cardboard, Gear VR, etc. Public Speaking VR app allows learners to add presentation decks to the app for practice, view realistic audience environment, record practice sessions for self-assessment, and more. Language VR for English learning allows learners to experience the culture, learn context-specific vocabulary, roleplay, listen to audio recordings books, and track progress. Revenue is generated through in-app purchases.
Who are the top competitors of VirtualSpeech?
VirtualSpeech's top competitors include Praxis Labs, Vani and Lifeed.
What products or services does VirtualSpeech offer?
VirtualSpeech offers AI Roleplays, VR Training, and Online Exercises.
Who are VirtualSpeech's investors?
VirtualSpeech has 1 investor. Key investors include Boost VC.