Speakaboos
Speakaboos is a technology company.
Financial History
Speakaboos has raised $26.0M across 3 funding rounds.
Frequently Asked Questions
How much funding has Speakaboos raised?
Speakaboos has raised $26.0M in total across 3 funding rounds.
Speakaboos is a technology company.
Speakaboos has raised $26.0M across 3 funding rounds.
Speakaboos has raised $26.0M in total across 3 funding rounds.
Speakaboos has raised $26.0M in total across 3 funding rounds.
Speakaboos's investors include Advancit Capital, GSV Acceleration, LAUNCH, Teamworthy Ventures, True Ventures, Dharmesh Shah, Mark Gerson, Troy Carter, Javelin Venture Partners, Lead Edge Capital, Rethink Capital Partners.
Speakaboos is a mobile education platform delivering interactive storybooks and songs for early childhood literacy and language learning, targeting children aged 2-6.[1][2][3] It operates as a subscription-based service (around $5/month or $45/year) with a vast catalog of expert-developed content from partners like Dr. Seuss, Jim Henson, Penguin, Scholastic, and Mattel, accessible via web, mobile, tablets, and classrooms in homes, schools, and libraries globally.[1][2][3][4] Subscribers engage deeply, averaging 50+ stories and 120+ minutes monthly, with the platform named a top resource by the American Library Association and praised for boosting comprehension through animations, narration, and touchscreen interactions.[2][3][4]
The company solves the challenge of turning screen time into productive reading by offering age-tiered experiences—from "read to me" modes for toddlers to self-read interactive books—outpacing standalone app purchases with its low-cost, ever-growing library (150+ titles as of 2013, adding 1-2 weekly).[3][4] Note: Speakaboos rebranded to BEGiN, expanding into digital apps, play kits, and experiential programs for ages 2-10, emphasizing play-based learning for social-emotional skills and creativity.[5]
Founded in 2008 (or early 2009 per some records) in New York City by Neal Shenoy (CEO, ex-founding partner of MEDIA and Saavn music streaming) and Noelle Millholt (COO, background in children's programming at the American Museum of Natural History).[1][2][5] The leadership team includes experts like Dr. Alice Wilder (ex-Nickelodeon Blue’s Clues producer), Amy Kraft (interactive content for Scholastic and Leapfrog), Thierry Sansaricq (ex-Viacom engineering lead), and Stephen Massoni (ex-NickJr.com product VP), blending media, ed-tech, and publishing prowess.[2]
The idea emerged from recognizing the need for engaging digital literacy tools amid rising mobile adoption, launching as a multi-platform service with partnerships for premium content. Early traction included over 1 million consumers, a 2013 $6.2M seed/Series A round from MEDIA, Advancit Capital (Shari Redstone), Kyowon Group, and ed-tech investors, fueling catalog growth and global distribution.[2][4] This evolved into BEGiN, with investments like from ChopraX highlighting its shift to broader early learning.[5]
Speakaboos rides the ed-tech boom in early childhood digital learning, capitalizing on mobile proliferation and parental demand for "good" screen time amid iPad/tablet adoption in homes and classrooms.[4][6] Timing aligned with post-2008 shifts to interactive media (e.g., Netflix-for-books model), preempting standalone kids' apps while partnering with giants like Scholastic and Henson to legitimize digital literacy tools.[2][3][4]
Market forces favoring it include rising global early ed spending, research on multimedia for comprehension (aligning word/image/sound), and subscriptions over ownership in fragmented content markets.[3][4] It influences the ecosystem by proving scalable, expert-driven platforms can engage millions, paving for hybrids like BEGiN's digital-physical blend and inspiring investor interest in play-based learning amid post-pandemic remote ed needs.[5]
Speakaboos (now BEGiN) stands poised for expansion in the personalized early ed wave, blending AI-driven adaptations, AR interactions, and global play kits to deepen impact beyond stories.[5] Trends like ed-tech consolidation, parental wellness focus (e.g., ChopraX backing), and hybrid learning will propel growth, potentially via acquisitions or deeper school integrations.
Its influence may evolve from niche storybooks to comprehensive platforms shaping lifelong learners, reinforcing how targeted digital tools build foundational skills in a screen-saturated world—echoing its founding mission to create lifelong readers.[1][5]
Speakaboos has raised $26.0M across 3 funding rounds. Most recently, it raised $13.0M Series B in May 2016.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2016 | $13.0M Series B | Advancit Capital, GSV Acceleration, LAUNCH, Teamworthy Ventures, True Ventures, Dharmesh Shah, Mark Gerson, Troy Carter | |
| Nov 1, 2014 | $7.0M Series B | GSV Acceleration, Javelin Venture Partners, Lead Edge Capital, Rethink Capital Partners, Teamworthy Ventures, True Ventures, Dharmesh Shah, Mark Gerson | |
| Aug 1, 2013 | $6.0M Series A | Rethink Capital Partners |