US AI startup Whisper Flow hits $2 billion valuation, nearly tripling in nine months

Product / Tech
โดย Reuters·US·Read original
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US AI startup Whisper Flow announced on the 17th that it has raised a $280 million Series B round, lifting its valuation to $2 billion, nearly triple its level nine months ago. In an additional Series A round last November, the company secured $25 million and raised its valuation to $700 million, bringing total funding to date to $361 million. The latest round was led by existing investor Menlo Ventures, with participation from Notable Capital, NEA, and Neo Ventures, while new investors included Accel, Forerunner, Goodwater, and Peak XV. The company provides software that converts voice input into text to assist with document creation and business tasks, and is used by more than 10,000 companies. On the same day, it also unveiled a prototype of its first proprietary speech recognition model, Canto, with CEO Tanay Kothari explaining in a blog post that the word error rate under harsh conditions falls from over 30% to 5–10%.

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Raises $280M Series B at $2B valuation, nearly tripling in nine months.

Acrew CapitalPrivate± Mixed
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Forerunner VenturesPrivate± Mixed
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Goodwater CapitalPrivate± Mixed
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Menlo VenturesPrivate± Mixed
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Neo VenturesPrivate± Mixed
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New Enterprise Associates, Inc.Private± Mixed
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Notable CapitalPrivate± Mixed
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Peak XV PartnersPrivate± Mixed
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