# SoapBox Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/soapbox-labs

- Industry: Software
- Headquarters: Dublin, Ireland
- Website: www.soapboxlabs.com
- Total disclosed funding: $7.9M
- Latest round: Series A (Dec 20, 2019)
- Investors on record: 3

## About

Based in Ireland, SoapBox Labs Limited is an innovative company focused on developing voice technology solutions aimed at enhancing children's speech recognition, primarily for the education sector.SoapBox Labs Limited, founded in 2013, operates out of Dublin, Ireland, and specializes in advanced voice technology solutions tailored for educational settings. The company was founded by Patricia Scanlon, who has a history of leveraging technology for educational improvements. SoapBox Labs has successfully raised USD 0.69 mn in funding, with its most recent deal occurring on November 29, 2023, from investors including the Bill & Melinda Gates Foundation Trust. The company has executed a total of 7 deals to date.SoapBox Labs specializes in developing advanced voice technology solutions specifically designed for the education sector, focusing on children's speech recognition. Their core product offerings include a proprietary voice engine that delivers real-time data and insights to educators, facilitating improved instruction for students learning to read. This technology effectively addresses challenges associated with noisy classroom environments, enabling teachers to tailor their approach based on accurate assessments of student performance. Since its inception in 2013, SoapBox Labs has served a diverse clientele, including educators and institutions, across various geographical markets, particularly the United States and Europe. The company's innovative solutions are designed for students of all ages and accents, ensuring equitable access to high-quality educational resources.The revenue model of SoapBox Labs is built around B2B partnerships, specifically targeting educational institutions and curriculum providers. The company engages in subscription-based agreements, allowing clients to access its voice recognition technology and associated analytics tools for a recurring fee. This includes integration into existing curricula and educational platforms, enhancing instructional methodologies. Specific pricing plans for individual products or services remain undisclosed; however, structured transactions are tailored to the needs of institutional clients, ensuring a comprehensive solution that aligns with their educational objectives. SoapBox Labs' flagship offerings position the company in the emergent sector of AI-driven educational tools.In November 2023, Curriculum Associates, LLC, a portfolio company of Berkshire Partners and Permira, acquired SoapBox Labs Limited. This acquisition is aimed at strengthening the company's artificial intelligence-enabled voice technology services. Future growth plans may include the design and launch of new products tailored to further enhance educational outcomes, along with potential expansion into new markets, particularly in the United States and Europe, to reach a broader audience by leveraging their recent funding.

## Funding rounds

- Series A, Dec 20, 2019, $6.7M — Astia Angels, Elkstone Ventures
- Seed, Jan 24, 2017, $1.3M — Enterprise Ireland, Astia Angels, Elkstone Ventures

## Investors

- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Seed
- Astia Angels (https://capitalatlas.ai/funds/astia-angels) — Seed, Series A
- Elkstone Ventures (https://capitalatlas.ai/funds/elkstone-ventures) — Seed, Series A