OpenAI Startup Fund-backed Speak raises $16M in a Series B2 round

Speak, an AI-powered English learning platform, has raised $16 million in a Series B2 round, taking its total funding amount to $63 million

The round was led by Lachy Groom, with participation from all existing investors, including the OpenAI Startup Fund and new strategic investors such as the founders of Dropbox, Drew Houston, and Arash Ferdowsi

The raised capital will be used for accelerating the development of superhuman AI Tutor, expanding into international markets, and hiring new talent

Speak claims to have presence in more than 20 countries, including Japan, Taiwan, Germany, France, Brazil, Mexico, and more

The advancements in natural language processing and speech technology have been instrumental in building a platform for two-way dialogue, moving beyond static video content

Speak is getting ready for a launch in the United States, offering English speakers the ability to learn other languages