When was ReadSpeaker founded?

ReadSpeaker was founded in 1999 and raised its 1st funding round 21 years after it was founded.

Where is ReadSpeaker located?

ReadSpeaker is headquartered in Be er Sheva, Israel.

Who is the current CEO of ReadSpeaker?

Niclas Bergstrom of ReadSpeaker.

How many employees does ReadSpeaker have?

As of Jul 01, 2024, the latest employee count at ReadSpeaker is 136.

Is ReadSpeaker a funded company?

ReadSpeaker is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Feb 01, 2020.

When was the latest funding round of ReadSpeaker?

ReadSpeaker's latest funding was a $***** Grant (prize money) round on Feb 01, 2020, with participation from 1 investor.

Where does ReadSpeaker rank among its competitors?

ReadSpeaker ranks 7th amongst 27 active competitors, of which 3 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Instructure, which secured $40M in Nov, 2021.

Who are the top competitors of ReadSpeaker?

ReadSpeaker's top competitors include Instructure, mElimu and Bamboo System Technology. Among them, Instructure secured the most recent funding round in November, 2021.

ReadSpeaker - 2026 Company Profile, Team, Funding & Competitors

ReadSpeaker is an acquired company based in Be er Sheva (Israel), founded in 1999 by Roy Lindemann, Joop Heijenrath and Niclas Bergstrom. It operates as a Text to Speech solutions for all type of digital documents. ReadSpeaker has raised an undisclosed amount in funding. The company has 27 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like Instructure, mElimu and Bamboo System Technology.

Company Details

Readspeaker provides a sution of text-to-speech and document viewing for websites, mobile sites, mobile apps, connected devices, digital books, e-learning materials, documents and forms etc. ReadSpeaker speech-enables content in 40+ languages and 100+ voices.

Website: www.readspeaker.com
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Key Metrics

Founded Year

1999

Location

Be er Sheva, Israel

Stage

Acquired

Latest Funding Round

Grant (prize money), Feb 01, 2020, $*****

Investors

TIIN Capital & 1 more

Ranked

7^th among 27 active competitors

Employee Count

136 as on Jul 01, 2024

Similar Companies

D2L & 839 more

Exit Details

Acquired by HOYA (Jul 12, 2017)

View ReadSpeaker's full profile

ReadSpeaker got acquired by HOYA on Jul 12, 2017. It was facilitated by Signal Hill and DC Advisory.

Click here to take a look at ReadSpeaker's acquisition in detail

ReadSpeaker has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Feb 01, 2020 for $*****. 1 investor participated in its latest round. ReadSpeaker has 2 institutional investors.

Here is the list of recent funding rounds of ReadSpeaker:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 01, 2020	8524840	Grant (prize money)	9325368	8368865	2218664	5782990

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View details of ReadSpeaker's funding rounds and investors

The founders of ReadSpeaker are Roy Lindemann, Joop Heijenrath and Niclas Bergstrom.

Here are the details of ReadSpeaker's key team members:

Roy Lindemann: CMO, CCO EMEA, and Co-Founder of ReadSpeaker.
Joop Heijenrath: Co-Founder, Chief Commercial Officer of ReadSpeaker.
Niclas Bergstrom: CEO & Founder of ReadSpeaker and founder of 1 other company.

View details of ReadSpeaker's Founder profiles and Board Members

ReadSpeaker's employee count trend

ReadSpeaker has 136 employees as of Jul 24. Here is ReadSpeaker's employee count trend over the years:

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Top competitors of ReadSpeaker include Instructure, mElimu and Bamboo System Technology. Here is the list of Top 10 competitors of ReadSpeaker, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Instructure 1999, Salt Lake City (United States), Acquired	Provider of learning management system and assessment and credential solutions	$105M	OpenView, Bessemer Venture Partners & 11 others	69/100
2nd	mElimu 2012, Noida (India), Seed	SaaS based platform offering learning management software	$299K	-	47/100
3rd	Bamboo System Technology 2014, Singapore (Singapore), Unfunded	Provider of cloud-based learning management system platform	-	-	43/100
4th	Talkie 2016, Mijdrecht (Netherlands), Unfunded	App for people with a speech problem	-	-	42/100
5th	Samba Tech 2004, Belo Horizonte (Brazil), Series A	Online content management and advertising platform	$6M	DFJ, FIR Capital & 2 others	41/100
6th	Kneura 2019, Bengaluru (India), Unfunded	Provider of virtual classroom platform	-	-	36/100
7th	ReadSpeaker 1999, Be er Sheva (Israel), Acquired	Text to Speech solutions for all type of digital documents	-	TIIN Capital, Europa	36/100
8th	Woord 2020, London (United Kingdom), Unfunded	Provider of solutions to converts text into audio	-	-	34/100
9th	Cognita 2004, Zagreb (Croatia), Acquired	Cloud-based platform for LMS for the multi-industry	-	-	33/100
10th	HiHaHo 1997, Assen (Netherlands), Unfunded	SaaS-based platform for creating interactive videos	-	-	33/100