Elisabeth Bagréeff-Speransky was a Russian noblewoman and writer. She was the only child of the statesman Mikhail Speransky and his English wife, Elizabeth Stephens. As her mother died when she was two months old, Speranskaya was raised by her grandmother Eliza Stephens and educated by her father. Her studies included history, composition, reading, literature, and languages – English, French, German, Italian, Latin, and Russian. In order to improve her delicate health, she spent her childhood in various places, including Saint Petersburg, Kyiv, and Novgorod Oblast, but she also visited her father who was exiled from the capital from 1812 to 1821. Passing the state examination to be a home teacher in 1819, she began teaching children.

Count Mikhail Mikhailovich Speransky was a Russian reformist during the reign of Alexander I of Russia, to whom he was a close advisor. Honorary member of the Free Economic Society (1801) and the St. Petersburg Academy of Sciences (1819). He later served under Tsar Nicholas I of Russia and was Active Privy Councillor (1827). Speransky is referred to as the father of Russian liberalism.