SaaS startups have become the darling of Venture Capital investors, especially in the Speech Recognition industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 4 VC funded SaaS startups in the Speech Recognition industry.
Three co-founders launched the technology business Aflorithmic in February 2019 in London. We are an API-first platform for developers that enables companies to easily produce stunning audio. As a result, users may easily create audio that sounds like a podcast. - Increase conversion and engagement - Save time and money because no studio or voice actors are required. The present team is made up of highly qualified experts in product development, voice synthesis, AI, software development, machine learning, and audio engineering. Members of the team have previously worked for organizations including Amazon, SAP, IBM, the European Space Agency, Cambridge University, and government agencies like the NHS. Our background mixes public health, marketing, and technology. As we provide value for businesses, brands, and all of our stakeholders, we leverage technology to help people and have a good influence. Aflorithmic has received the backing of several corporate and public stakeholders, including institutions like the UK government's public research organization InnovateUK or the advanced digital technology innovation center Digital Catapult. The company has ambitious expansion goals.
Amberscript creates SaaS solutions that let customers utilize voice recognition to convert audio and video automatically into text and subtitles. The business trains the voice recognition engines in European languages using the data that consumers contribute. The content is 100% accurate thanks to Amberscript's online text editor and human transcribers. With its headquarters in Amsterdam, Noord-Holland, the Netherlands, Amberscript was established in 2017.
Vernacular.ai is an AI-first SaaS company with the goal of putting an end to unpleasant contact center experiences. By automating contact center inquiries, we assist businesses in improving the customer experience through intelligent voice chats. Our Voice AI-powered call center automation technology, VIVA (Vernacular Intelligent Voice Assistant), aids businesses in streamlining contact center operations and enhancing customer experience and engagement. With the aid of our voice recognition engine and natural language understanding technology, you can now always have conversations that sound human and improve the efficiency of your self-service.
Vozy is an artificial intelligence speech platform that enables businesses to use voice assistants and conversational AI to revolutionize the way they engage with their consumers. In order to automate communication across self-management or one-on-one tailored chats, the company's platform combines conversational artificial intelligence (AI) and contextual voice assistants. This enables customer-centric businesses to deliver tailored customer experiences at scale while reducing costs. Humberto Pertuz, Helmuth Corzo, Alejandro Lopez, and Ricardo Marin founded Vozy on February 18, 2017, in Medelln, Antioquia.