Speechify has announced its latest fundraise of $10M at a $100M total valuation.
Cliff Weitzman, Speechify's Founder/CEO, built the first version of Speechify to overcome his own dyslexia and get through school. Since then, tens of millions of users have used Speechify across iOS, Android, Chrome, and web to have anything they need for school, work, and fun read out loud to them. Today, Speechify is the most used consumer platform in the world for text to speech and AI voice.
This fresh funding round will help Speechify accelerate its mission of making sure that reading is never a barrier to learning. Speechify will invest heavily across engineering, AI, and growth to improve the experience across all its platforms for every user segment from students to professionals to leisure readers.
Speechify users listen across several use cases, whether its legal contracts at their desk, textbooks while preparing for school exams, or listening to books while commuting, exercising, or running errands. Most Speechify users quickly realize that they can listen faster than they can read and remember more of that they listen to, making the content consumption more effective.
Speechify will also continue to invest in building its AI team, growing internationally, and making the experience flawless regardless of the kind of reading that you need to do. Ultimately, Speechify aims to serve the 2B+ people around the world who have some kind of learning difference of who just prefer listening to content over reading.