Texthelp - About the company
Texthelp is a seed company based in Belfast (United Kingdom), founded in 2018 by Martin Andrew Mckay. It operates as a Developer of software tools for reading writing and communication support. Texthelp has raised $123M in funding from LDC, with a current valuation of £*****. The company has 114 active competitors, including 11 funded and 7 that have exited. Its top competitors include companies like Speechify, Zoundream and Voiceitt.
Company Details
Developer of software tools for reading writing and communication support. These digital applications assist individuals with learning and workplace tasks by providing features for text-to-speech, literacy support, and accessible document editing. The software suite includes tools for mathematics, behavior management, and communication, designed to facilitate information processing and content creation. These products function across various educational and professional environments to assist with daily tasks such as planning, writing, and reading.
- Website
- texthelp.com
- Social
- Email ID
- *****@texthelp.com
- Phone Number
- +44 **********
- Registered Address
- Woburn, Massachusetts
Key Metrics
Founded Year
2018
Location
Belfast, United Kingdom
Stage
Seed
Total Funding
$123M in 5 rounds
Latest Funding Round
Post Money Valuation
£***** as on May 01, 2023
Ranked
1st among 114 active competitors
Annual Revenue
£27.5M as on Dec 31, 2024
Employee Count
289 as on Apr 01, 2025
Legal entities associated with Texthelp
Texthelp is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
TEXTHELP PTY LTD CIN: 608838213 , Australia, Active | Oct 19, 2015 | - | - | - |
TEXTHELP INC. CIN: 61622277 , United States, Active | Dec 26, 999 | - | 96 (As on Dec 31, 2023) | - |
Texthelp Ltd CIN: NI031186 , United Kingdom, Active | Jul 31, 1996 | $35.2M (As on Dec 31, 2024) | 180 (As on Sep 30, 2023) |
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Texthelp's funding and investors
Texthelp has raised a total funding of $123M over 5 rounds. Its first funding round was on Jan 01, 2018. Texthelp has 9 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of Texthelp:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 01, 2023 | 1019958 | Seed | 8774975 | 9996760 | 4667028 | 3644100 |
Oct 18, 2021 | 7031841 | Seed | 7237918 | 8097341 | 2090916 | 1943542 |
Dec 12, 2020 | 3908987 | Seed | 9012356 | 7242658 | 6696779 |
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Texthelp's founders and board of directors
Founder? Claim ProfileThe founders of Texthelp is Martin Andrew Mckay. Martin Andrew Mckay is the CEO of Texthelp.
Here are the details of Texthelp's key team members:
- Martin Andrew Mckay: CEO & FOunder of Texthelp. They serve on the board of 1 company.
Texthelp's Board of Directors
Texthelp's board has 3 active members. Martin Andrew Mckay is part of team and Mark Joseph Mccusker and Seamus Brendan Scullion are independent board members.Here is the list of Texthelp's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 9m | |
Independent board member | - | Current | 6y 9m | |
axdqqhm | Independent board member | - | Current | 8y 6m |
tiyojrl | Independent board member | - | Past | 7y 4m |
hlrdkfx | Independent board member | - | Past | 9y 1m |
xgavgl{ | Independent board member | - | Past | 1y 3m |
zmxrosh | Independent board member | - | Past | 8y 7m |
View details of Texthelp's Founder profiles and Board Members
Texthelp's employee count trend
Texthelp has 289 employees as of Apr 25. Here is Texthelp's employee count trend over the years:
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Texthelp's Competitors and alternates
Top competitors of Texthelp include Speechify, Zoundream and Voiceitt. Here is the list of Top 10 competitors of Texthelp, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Texthelp 2018, Belfast (United Kingdom), Seed | Developer of software tools for reading writing and communication support | $123M | 66/100 | |
2nd |  Speechify 2017, Miami (United States), Funding Raised | Provider of of text-to-speech software | - | 63/100 | |
3rd |  Zoundream 2018, Basel (Switzerland), Seed | Provider of baby crying translator device | $4.69M | 51/100 | |
4th | Provider of virtual assistant tool for people with speech disabilities | $20M | 51/100 | ||
5th |  Change Dyslexia 2015, Madrid (Spain), Funding Raised | Provider of scientifically validated tools for dyslexia detection and remediation | - | 48/100 | |
6th | Niki Talk 2012, Italia (United States), Unfunded | Mobile application for the disabled to communicate | - | - | 42/100 |
7th | Provider of communication app for the disabled | - | - | 39/100 | |
8th |  IDL 1986, Lancaster (United Kingdom), Unfunded | Provider of cloud-based multi-sensory software solutions for schools to teach dyslexic students | - | - | 35/100 |
9th |  Amplio 2019, Rockville (United States), Series B | Provider of AI-driven online tutoring solutions for dyslexic students | $27M | 35/100 | |
10th |  Auto Train Brain 2015, Kayseri (Turkey), Seed | Mobile-based learning application for children with learning disabilities such as dyslexia, ADHD | - | 32/100 |
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Texthelp's Investments and acquisitions
Texthelp has not made any investments yet. Texthelp has made 4 acquisitions.Here is the list of latest three $acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Nov 19, 2024 | Acquisition | 2018 | London (United Kingdom) | |
May 25, 2023 | Acquisition | 2007 | Karlshamn (Sweden) | |
Jan 10, 2022 | Acquisition | 1980 | Lake Forest (United States) |
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Reports related to Texthelp
Here is the latest report on Texthelp's sector:
News related to Texthelp
Filter this listMedia has covered Texthelp for a total of 4 events in the last 1 year, 2 of them have been about people movement.
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Everway acquires TeachTown, expanding special education solutionsEverway•Mar 31, 2026•Texthelp, Everway, TeachTown
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Everway has reached an agreement to acquire TeachTownEverway•Feb 06, 2026•Texthelp, Everway, TeachTown
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Texthelp’s Acquisition Of EdTech Business From ScholarcyGlobal Legal Chronicle•Dec 05, 2024•Scholarcy, Texthelp
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Education technology business sold to Texthelp - Evelyn Partners advises on saleInsider Media•Nov 21, 2024•Texthelp, Evelyn, Scholarcy
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Texthelp’s Merger with n2yGlobal Legal Chronicle•Apr 11, 2024•Debevoise and Plimpton, Rothschild & Co, n2y, Texthelp and 1 other
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Texthelp and n2y join forces to make education and the workplace more inclusive for everyonePR Newswire•Mar 25, 2024•Texthelp, n2y
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Texthelp Group acquires Svensk Talteknologi to strengthen the international range of digital aidsSvensk TalTeknologi•May 25, 2023•Svensk TalTeknologi, Texthelp
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Texthelp Names Industry Veteran Gus Schmedlen as Chief Revenue OfficerUserwalls•Jun 21, 2022•Texthelp
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