Gladia raised $16M in a Series A funding round led by XAnge to transform its audio AI capabilities beyond transcription.
Oct 15, 2024•about 1 year ago
Amount Raised
$16 Million
Round Type
series a
Investors
Soma CapitalRoosh VenturesMotier VenturesMana VenturesGaingelsAthletico VenturesXtx VenturesIlluminate FinancialX Ange
Description
Gladia, an AI transcription and audio intelligence provider, secured $16M in Series A funding to expand its services from a speech-to-text API to a comprehensive audio infrastructure. The funding round included notable participation from investors such as Illuminate Financial, XTX Ventures, and Gaingels.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech