# SpeEdLabs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/speedlabs

- Industry: Education/Training
- Headquarters: Mumbai, India
- Website: www.speedlabs.in
- Total disclosed funding: $3.5M
- Latest round: Seed (Jul 9, 2021)
- Investors on record: 13

## About

Founded in 2015 and based in Mumbai, India, SpeEdLabs operates as an AI-driven hybrid edtech platform that transforms pedagogy into hybrid classroom learning by providing teacher and student-tailored practice and analysis-driven feedback, personalized assignments, and data-driven academic auditing. In May 2022, SpeEdLabs raised USD 2.5 million in Seed funding from 35North Ventures, including AH Ventures, Ecosystem Ventures, LetsVenture, Mumbai Angels, and SucSEED Venture Partners. Vivek Varshney is the founder and CEO of the company.

The company provides teachers and students with customized practice and analytics-driven feedback, individualized assignments, and a data-driven academic audit in order to change pedagogy toward hybrid learning in the classroom. The firm has over 3000 B2B tutorial clients in K-12 and tests prep segments across more than 200 cities in India. SpeEdLabs coaches for CBSE, ICSE, JEE Main, JEE Advanced, and NEET.

SpeEdLabs generates revenue by charging for its two plans, such as INR 12,000 for the select plan and INR 24,000 for the premium plan.

The organization plans to use the May 2022 funding to expand its footprint and strengthen its infrastructure and also aims to expand its presence to 800 locations throughout 23 states in India, allowing more than 10 million students and empowering over 50,000 teachers.

## Funding rounds

- Seed, Jul 9, 2021, $3.5M — Ecosystem Ventures, Mumbai Angels, SKS Capital, Kaizen Capital Ventures, ah! Ventures, Touchstone Ventures, LVX, 35North Ventures, SucSEED Venture Partners, Sweat Equity Ventures, Vevek Ventures, Cosme Matias Menezes Private Limited, Agra Gwalior Pathways Private Limited

## Investors

- Ecosystem Ventures (https://capitalatlas.ai/funds/ecosystem-ventures) — Seed
- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- SKS Capital (https://capitalatlas.ai/funds/sks-capital) — Seed
- Kaizen Capital Ventures — Seed
- ah! Ventures (https://capitalatlas.ai/funds/ah-ventures) — Seed
- Touchstone Ventures — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- 35North Ventures (https://capitalatlas.ai/funds/35north-ventures) — Seed
- SucSEED Venture Partners (https://capitalatlas.ai/funds/sucseed-venture-partners) — Seed
- Sweat Equity Ventures (https://capitalatlas.ai/funds/sweat-equity-ventures) — Seed
- Vevek Ventures — Seed
- Cosme Matias Menezes Private Limited — Seed
- Agra Gwalior Pathways Private Limited — Seed