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Wispr Flow has raised $280 million in a Series B funding round led by Menlo Ventures, valuing the company at $2 billion. The round included both existing and new investors.
PRIVATEAug 17, 2026•about 3 hours ago
Amount Raised
$280 Million
Round Type
Series B
SoftwareArtificial IntelligenceMachine Learning
Investors
GoodwaterForerunnerAcrewMvp Ventures8 VcNeo VenturesNeaNotable CapitalMenlo Ventures
Description
AI speech recognition startup Wispr Flow announced it raised $280 million in a Series B funding round, bringing its valuation to $2 billion. The round was led by Menlo Ventures and included notable investors like Notable Capital and NEA. Additionally, the company unveiled its speech model, Canto, designed for challenging environments. CEO Tanay Kothari emphasized its impressive accuracy in noisy conditions.
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Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
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