Tech Company Financing Transactions

ELSA Funding Round

SIG, Vietnam Investments and Endeavor Catalyst participated in a $15 million Series B capital raise for ELSA. The funding round was announced on 2/2/2021.

Transaction Overview

Company Name

ELSA

Announced On

2/2/2021

Transaction Type

Venture Equity

Amount

$15,000,000

Round

Series B

Investors

SIG (Lead Investor)

Vietnam Investments (Lead Investor)

Endeavor Catalyst

Globant

Gradient Ventures

private investors (David Evans)

Monk's Hill Ventures (Peng Ong)

SOSV

Proceeds Purpose

The company intends to use the funds to expand its R&D to further develop its voice recognition AI, build a scalable B2B platform, hire new talent, and continue to grow in Asia (in Vietnam, India and Japan) and Latin America.

Company Information

Company Status

Private & Independent

Industry

EdTech

Mailing Address

121 Day St.
San Francisco, CA 94131
USA

Phone

Undisclosed

Website

www.elsaspeak.com

Email Address

[email protected]

Overview

English Language Speech Assistant is a mobile application for pronunciation training and accent reduction using speech recognition.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Vu Van

Chief Technical Officer

Xavier Anguera

VP - Engineering

Alan Shang

Browse more venture capital transactions:

Prev: 2/2/2021: Offor Health venture capital transaction
Next: 2/3/2021: Routefusion venture capital transaction

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