Speak
Speak is a software company that develops an AI-powered language learning app for conversation practice with a virtual tutor.
Secondary Market Price
How Speak Measures Up
To help you manage your Speak equity, Prospect has run the company through our machine learning model.
Prospect Rating
This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series C
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Speak Prices
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Company Description
Speak, also known as Speakeasy Labs, develops and operates an AI-powered language learning platform delivered through a mobile application. The platform focuses on a conversation-first experience, allowing users to practice speaking with a virtual AI tutor and receive instant feedback. The company serves both individual consumers and business-to-business (B2B) clients, offering instruction in more than 15 languages. Founded in 2016 by Connor Zwick and Andrew Hsu, Speak first launched in South Korea in 2019, where it became a prominent language app. The company has raised over $150 million in venture investment from firms including OpenAI, Accel, and Founders Fund, and has a distributed team with a headquarters in San Francisco and an office in Seoul.
The company is currently focused on expanding its B2B services, particularly in Japan and the United States, and is hiring for roles in sales, marketing, and engineering to support this growth. Speak is also building a TikTok creator program to scale its social media presence. Recent product developments include a winter software release that introduced more personalized and adaptive lessons and a new feature to measure speaking levels. In January 2025, the company announced it had closed a $78 million Series C funding round. It also shared user engagement statistics for the prior year, noting that users had spoken 3.74 billion lines and completed 19.6 million hours of practice on the platform.
- OpenAI Startup Fund
- Khosla Ventures
- Founders Fund
- Y Combinator
- Buckley Ventures
- Paul Graham
- Jeff Weiner
- Accel
- Co-Founder, Connor Zwick
- Co-Founder, Andrew Hsu
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Speak worth joining?
Deciding whether to join any startup, including Speak, depends on its growth prospects, company culture, and how it aligns with your career goals. Tools like Prospect can help you analyze the potential value of your equity compensation package to make a more informed decision.
What should I do with my Speak stock?
Managing private company stock like Speak's involves weighing your personal financial goals against the company's potential and market conditions. Platforms like Prospect offer personalized strategies for exercising options, tax optimization, and planning for liquidity events.
Can you sell Speak stock?
Selling stock in a private company like Speak is typically possible through secondary markets or company-initiated tender offers, though liquidity is not guaranteed. Equity management platforms can help you identify these opportunities and determine the most tax-efficient way to sell your shares.
How can I find the value of my Speak stock?
The value of private stock is typically determined by a company's 409A valuation and the price set in recent funding rounds. For a more forward-looking analysis, platforms like Prospect use predictive models to help you project the future value of your equity.
What is Speak's equity worth?
A private company's equity value is based on its latest 409A valuation, which is an independent appraisal of its fair market value. To understand what your specific holdings might be worth over time, you can use financial modeling tools to project potential growth scenarios.
What is Speak's stock ticker symbol?
As a private, pre-IPO company, Speak does not have a stock ticker symbol because its shares are not traded on public exchanges. A ticker symbol will only be assigned if the company decides to go public in the future.
Can I buy or sell Speak stock?
Selling private stock is sometimes possible during tender offers or on secondary markets, while buying is typically restricted to accredited investors during formal funding rounds. Tools from platforms like Prospect can help employees navigate selling opportunities when they arise.
What is the criteria to buy or invest in Speak stock?
Investing in a private company like Speak is generally reserved for accredited investors and venture capital firms that participate in official funding rounds. Employees, however, typically acquire stock through equity compensation plans rather than direct investment.
