Speechify, a groundbreaking text-to-speech application, was born out of a simple yet powerful idea. In the heart of Silicon Valley, a group of tech enthusiasts, frustrated with the limitations of existing text-to-speech software, decided to create something better. They envisioned an AI-powered tool that could convert any text into natural, human-like speech, making digital content more accessible and engaging. Thus, in 2019, Speechify was launched, marking the beginning of its journey to fame.

The initial response to Speechify was overwhelmingly positive. Users, ranging from students and professionals to individuals with reading difficulties, praised its accuracy, clarity, and the wide range of voices it offered. The app’s ability to convert text from various sources, including documents, web pages, and even photos, set it apart. Speechify’s team, committed to continuous improvement, regularly updated the app with new features and enhancements, further fueling its popularity. As word spread, Speechify became the go-to tool for anyone seeking a more interactive and inclusive digital experience.

Speechify’s Current Net Worth (2025)

As of 2025, Speechify’s current net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account the company’s growth and success in the text-to-speech technology sector.

Career

Speechify was founded in 2014 by a team of entrepreneurs and speech technology experts. The company’s mission is to make text accessible to everyone through natural-sounding, AI-powered text-to-speech technology. Speechify has since grown to become a leading provider of text-to-speech services, with a user base that includes individuals, educators, and businesses.

Other Ventures

In addition to its core text-to-speech technology, Speechify has also ventured into other areas. The company offers a suite of accessibility tools, including a screen reader and a dictation feature. Speechify has also formed strategic partnerships with other technology companies to integrate its text-to-speech technology into their products.

Assets

Speechify’s assets include its proprietary text-to-speech technology, which is protected by several patents. The company also owns a large dataset of voice samples, which it uses to train its AI models. Additionally, Speechify’s team of talented engineers and researchers is one of its most valuable assets, driving innovation and growth.

Annual Income

Speechify’s annual income has been steadily increasing since its founding. In 2024, the company’s annual revenue was estimated to be around $20 million. This figure is expected to continue to grow as Speechify expands its user base and enters into new partnerships and markets.

Frequently Asked Questions about  Speechify

Frequently Asked Questions: Speechify Net Worth

1. What is Speechify?

Speechify is a text-to-speech application that converts written text into spoken words. It’s designed to help users listen to articles, books, documents, and more, rather than reading them.

2. Who founded Speechify?

Speechify was founded by Alex Taub and Adam Cook in 2015.

3. What is the Speechify net worth?

The latest estimated net worth of Speechify is $10 million.

4. How does Speechify make money?

Speechify offers a free version with basic features, but it also has a premium subscription called “Speechify Pro” that provides additional features like offline access, customizable voices, and faster speech. This subscription model is how Speechify generates revenue.

5. What are some of the features of Speechify?

Some of the key features of Speechify include natural-sounding voices, adjustable speaking speeds, offline access (with Pro), customizable voices (with Pro), and support for multiple languages.

6. Is Speechify available on multiple platforms?

Yes, Speechify is available on various platforms. It has apps for iOS and Android, and it also offers a web version. Additionally, it provides browser extensions for Chrome and Safari.

7. How many users does Speechify have?

As of 2021, Speechify has over 1 million users worldwide.

8. What is the Speechify business model?

Speechify operates on a freemium business model. It offers a free version to attract users, and then encourages them to upgrade to the premium version for additional features and functionality.

9. Has Speechify raised any funding?

Yes, Speechify has raised funding from various investors. Its seed round was led by Lerer Hippeau and included participation from Rhapsody Venture Partners, R/GA Ventures, and others.

10. What is the future of Speechify?

The future of Speechify includes plans to expand its user base, improve its technology, and potentially explore new revenue streams. The company is also focused on making its app more accessible to users with disabilities.