Speak hit $100M ARR; The AI That Answers Your Calls and Reads Your Texts Raises $32M
1Password ARR Hit $400M
1Password ARR Hit $400M
1Password, the identity-security platform trusted by millions, has officially surpassed $400M in ARR while remaining free cash flow positive.
The business now serves over 180,000 organizations, secures more than 1.3 billion human and machine credentials, and supports more than 1 million developers worldwide.
At its core, 1Password offers a suite of solutions spanning password management, secrets management, device-trust, and extended access management for both human users and AI-driven agents.
It addresses the critical problem enterprises face when identity sprawl, unmanaged credentials, and shadow IT create security and governance risks, especially as AI enters workflows.
With more than 75% of revenue now coming from business customers, the company has shifted from a consumer-focused password manager into a full-fledged enterprise security platform.
Speak ARR Hit $100M
At the end of last year, the AI-powered language learning App Speak surpassed $50M ARR and reached unicorn status. Today it has announced that its ARR has exceeded $100M.
While it still trails behind industry giant Duolingo’s $1 billion in annual revenue, Speak is likely the first AI-powered language learning company to hit the $100 million ARR mark.
CEO Connor Zwick shared that Speak has been downloaded over 15 million times, with a daily retention rate of around 40%.
Since expanding into the enterprise (B2B) market last year, it has acquired over 500 corporate customers — including KPMG and Hyundai.
Similar to its consumer business, where most users are in Korea, Speak’s enterprise clients are also predominantly Korean companies purchasing the service for their employees.
Zwick noted that users speak 5–10 times more often on Speak than on other language learning apps. Following success in Korea, Japan, and Taiwan, Speak is now preparing a major push into the U.S. market.
Since the boom of LLM, nearly all language learning apps have integrated AI — especially in spoken language practice.
For example, an App I briefed about in May that focuses on AI speaking practice had just reached $1 million ARR at the time; now, it’s over $5 million, showing how intense market demand remains.
It differentiates itself by targeting a highly skilled and professional audience — individuals and enterprises with strong purchasing power and mid-to-advanced English skills — especially working professionals. That is what Speak’s enterprise version wants to serve.
Meanwhile, in India, another AI English learning startup called Supernova has launched an AI English-speaking tutor app that’s approaching $10 million ARR.
Unlike Speak, it targets a different user base: English learners in India’s Tier 2 and Tier 3 cities.
These users often lack confidence and opportunities to practice spoken English, so Supernova focuses on creating an affordable, pressure-free, always-available AI speaking environment.
Its key features include a 24/7 AI tutor, allowing users to practice speaking anytime without time constraints or social pressure; native language support, where the AI tutor can understand and explain in multiple Indian languages like Tamil and Hindi; and personalized learning, adapting lessons and feedback to each user’s level and pace.
Even within the “AI speaking practice” niche, different products cater to distinct audiences, address different pain points, and take different product approaches. Each founder’s background and insight shape their product direction in unique ways.
The AI That Answers Your Calls and Reads Your Texts just raised $32M
One of the most intriguing and promising products I’ve seen recently is reimagining the phone for the AI era — using AI to answer calls, read texts, and turn valuable conversations into leads and revenue.
