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Gladia raised $16M in a Series A funding round led by XAnge to transform its audio AI capabilities beyond transcription.

Oct 15, 2024about 1 year ago

Amount Raised

$16 Million

Round Type

series a

ParisAudioArtificial IntelligenceSoftware

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.

Company Information

Company

Gladia

Location

Paris, Ile De France, France

About

Gladia is an AI transcription and audio intelligence provider that has rapidly established itself as a leader in the field. Founded in 2022 by ex-MIT members, Gladia aims to offer comprehensive audio infrastructure solutions. Their API supports advanced speech recognition in over 100 languages, enabling efficient real-time and asynchronous transcription. With a goal to power voice-first platforms across industries, they promise innovative features and insights from audio data.

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Funding Insights

Based on industry data
VC-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