📝 Speak raises $78M

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The language-learning platform Speak has secured $78 million in Series C funding, led by Accel, with participation from OpenAI, Khosla Ventures, and Y Combinator, doubling its valuation to $1 billion. Using AI to simulate real-world audio conversations, Speak focuses on teaching languages like native speakers learn—by speaking and listening rather than memorizing rules. Initially catering to English learners, Speak plans to expand into Spanish and French. With over 10 million downloads and an enterprise offering serving 200+ customers, the platform is a leading example of generative AI's commercial potential.

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