Dictation for veterinarians startup Talkatoo has closed an oversubscribed funding round for an undisclosed sum led by Klick Ventures. The company provides dictation software for animal health professionals of all stripes, offering a new facet of the larger trend for using voice AI in healthcare.
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Depression and anxiety voice test developer Ellipsis Health has closed a $26 million Series A funding round led by SJF Ventures. The startup uses voice tech and AI to measure signs of behavioral health and help screen for those who may need counseling and other care before they even visit a professional.
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Vocal biomarker tech startup Kintsugi has closed n $8 million seed funding round led by Acrew Capital. Kintsugi has developed a voice test for mental health designed to spot signs of anxiety, depression, and other potential issues before they become obvious.
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Synthetic voice startup Lovo has closed a $4.5 million pre-Series A funding round led by Kakao Entertainment, as first reported by TechCrunch. Lovo offers a platform for those looking to find or create AI-generated speech based on real people’s voices, which the company refers to as voice skins. The new funding gives the startup a boost as tools for synthetic speech proliferate at an accelerating rate.
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Search API developer Algolia has closed a $150 million Series D funding round led by Lone Pine Capital. The investment pegged Algolia’s value at $2.25 billion, pushing well into so-called unicorn territory, and accounts for more than half of the $315 million Algolia has raised since it was founded nearly a decade ago.
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Conversational AI developer Kasisto has closed a $15.5 million Series C funding round led by Naples Technology Vendors and NCR Corporation. Kasisto is best known for creating the KAI platform for integrating digital assistants with banking and financial service providers, will use the new funding to keep up with demand in an increasingly valuable and competitive facet of enterprise AI.
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Seattle-based synthetic speech technology startup WellSaid Labs has closed a $10 million Series A funding round led by FUSE. WellSaid offers brands and enterprise clients a text-to-speech platform performed by their choice of artificially generated voices and styles, a service in increasing demand as the synthetic voices improve.
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British virtual training startup Virti has closed a $10 million Series A funding round led by IQ Capital. Virti’s digital environment uses AI-powered virtual humans to train people in communication and other skills. Initially focused on doctors and other medical professional skills, the startup is expanding into other enterprise training such as sales and management.
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Compose.ai has closed a $2.1 million seed funding round led by Craft Ventures to continue developing a universal auto-complete run with artificial intelligence. The startup currently offers a free Chrome extension (with a waitlist of more than 7,000 people) that handles auto-complete tasks in any text box the browser reaches and improves how well it can anticipate a user with practice.
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Industry-focused conversational AI developer Hyro has closed a $10.5 million Series A funding round led by Spero Ventures. Hyro develops voice assistants and chatbots for a few verticals, with its conversational AI for healthcare seeing particular growth over the last year, growth it will use the new funding to secure and build upon.
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Interactive audio ad platform Instreamatic announced a $6.1 million Series A funding round led by Progress Ventures. The funding, which also included Google Assistant Investments and Accomplice as investors, will go toward scaling the business and adding more features as interest in ads you can talk to begins to surge.
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AI video creation startup Synthesia has raised $12.5 million in a Series A funding round led by FirstMark Capital. Synthesia offers a platform that combines synthetic audio and visuals to produce custom videos without any actual actors or film crew.
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Conversational analytics startup Uniphore has raised $140 million in a Series D funding round led by Sorenson Captial. Uniphore provides AI-powered virtual agents for voice-based customer service and analysis and is now looking to expand into video conversations as well.
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Canadian travel startup Hopper has raised a $170 million Series F round, led by Capital One. The U.S. banks and credit card company is also coming on board as a strategic partner, to launch Capital One Travel, which is the first instantiation of Hopper’s new B2B platform, Hopper Cloud. This is Hopper’s second raise in a year that has been marked by turmoil for the travel industry, owing to the disruptions caused by the global COVID-19 pandemic.
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Enterprise writing assistant startup Copy.ai has raised $2.9 million in a seed funding round led by Craft Ventures as first revealed in a TechCrunch report. The startup uses artificial intelligence built on the powerful GPT-3 language model from OpenAI to help businesses write a growing variety of texts including advertisements, product descriptions, social media posts, among others.
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Transcription AI startup Otter.ai has closed a $50 million Series B funding round led by Spectrum Equity, a major indicator of the importance of these services Otter is planning major expansion over the next year and will apply the funding to improving its technology and expanding its customer base.
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Educational app developer ELSA (English Language Speech Assistant) has closed raised a $15 million Series B funding round led by Vietnam Investments Group and SIG. ELSA uses automatic speech recognition and AI to teach users how to speak correctly pronounced English with, ELSA English.
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Speech recognition technology startup Deepgram has closed a $25million Series B funding round led by Tiger Global with participation from Wing Venture Capital, Citi Ventures, SAP.io, and NVIDIA Inception GPU Ventures. The funding almost doubles the investment raised by Deepgram as it expands the reach and features offered by its enterprise-focused automatic speech transcription and analysis platform.
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