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Top 12 Speech Recognition Startups in 2024

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Think Speech Recognition is boring and everything’s been done before?

Think again.

If you’re in the Speech Recognition industry or are interested in starting a company in this space, this article dives into 12 of the hottest fast-growing Speech Recognition startups.


12 Speech Recognition Startups

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1) Soapbox Labs

Soapbox Labs

SoapBox Labs' privacy-first speech recognition software allows kids of different ages, accents, and dialects to have voice-enabled experiences.

Details of the startup:

  • Country: Ireland
  • State: Dublin
  • City: Dublin
  • Started in: 2013
  • Founders: Patricia Scanlon
  • Number of employees: 11-50
  • Funding: $11,777,501
  • Funding rounds: 4
  • Number of investors: 6 (Enterprise Ireland, Astia Angels, EASME - EU Executive Agency for SMEs, Elkstone Capital Partners, Disruptive Technologies Innovation Fund)

You can find their website here.

2) WIZ.AI

WIZ.AI

WIZ.AI is an artificial intelligence startup that offers comprehensive artificial intelligence services.

Details of the startup:

  • Country: Singapore
  • State: Central Region
  • City: Singapore
  • Started in: 2019
  • Number of employees: 51-100
  • Funding: $6,000,000
  • Funding rounds: 2
  • Number of investors: 4 (GGV Capital, Insignia Ventures Partners, Wavemaker Partners, ZWC Partners)

You can find their website here.

3) Winterlight Labs

Winterlight Labs

Winterlight develops technologies that can detect indicators of cognitive decline in a sample of speech fast and correctly.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2015
  • Founders: Frank Rudzicz, Kathleen Fraser, Liam Kaufman, Maria Yancheva
  • Number of employees: 11-50
  • Funding: $5,230,000
  • Funding rounds: 4
  • Number of investors: 7 (Creative Destruction Lab (CDL), Ontario Centres of Excellence, First Star Ventures, Hikma Ventures, Grey Sky Venture Partners)

You can find their website here.

4) Daisee

Daisee

In the realms of vision and voice, Daisee bridges the gap between technical AI and commercial implementation.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Sydney
  • Started in: 2017
  • Founders: Richard Kimber
  • Number of employees: 11-50
  • Funding: A$8,800,000
  • Funding rounds: 1
  • Number of investors: 1 (Alium Capital)

You can find their website here.

5) Vernacular.ai

Vernacular.ai

By automating call center queries, we assist businesses in improving customer experience through intelligent voice chats.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2016
  • Founders: Akshay Deshraj, Manoj Sarda, Sourabh Gupta
  • Number of employees: 51-100
  • Funding: $5,100,000
  • Funding rounds: 4
  • Number of investors: 7 (LetsVenture, Kalaari Capital, Kstart, Exfinity Venture Partners, IAN Fund)

You can find their website here.

6) Mihup Communications

Mihup Communications

App that uses artificial intelligence to act as a personal mobile assistant

Details of the startup:

  • Country: India
  • State: West Bengal
  • City: Kolkata
  • Started in: 2016
  • Founders: Biplab Chakraborty, Sandipan Chattopadhyay, Sandipan Mandal, Tapan Barman
  • Number of employees: 11-50
  • Funding: $10,000,752
  • Funding rounds: 3
  • Number of investors: 4 (Accel, Ideaspring Capital, Rajesh Jain, Jayant Kadambi)

You can find their website here.

7) Unisound

Unisound

Beijing Yunzhisheng Information Technology is a mobile internet firm specializing in voice and speech processing.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2012
  • Founders: Huang Wei, Jiaen Liang, Zhao Yiyang
  • Number of employees: 101-250
  • Funding: $301,442,496
  • Funding rounds: 8
  • Number of investors: 13 (CICC, Qualcomm Ventures, Qiming Venture Partners, Qihoo 360 Technology, Wellspring Capital Management)

You can find their website here.

8) SoundAI

SoundAI

SoundAI is a technology and artificial intelligence interface firm that specializes on acoustics frontier technologies.

Details of the startup:

  • Country: China
  • State: Beijing
  • City: Beijing
  • Started in: 2016
  • Founders: Chang Le, Xiaoliang Chen
  • Number of employees: 11-50
  • Funding: CN¥580,000,000
  • Funding rounds: 4
  • Number of investors: 10 (Baidu, InnoVen Capital, Linekong, FREES FUND, Addor Capital)

You can find their website here.

9) Sense

Sense

For its customers, Sense specializes in designing and delivering tracking devices and home automation systems.

Details of the startup:

  • Country: United States
  • State: Massachusetts
  • City: Cambridge-US
  • Started in: 2013
  • Founders: Christopher Micali, Mike Phillips, Ryan Houlette
  • Number of employees: 251-500
  • Funding: $46,999,998
  • Funding rounds: 4
  • Number of investors: 13 (Schneider Electric, CRV, Bolt, Energy Impact Partners, Prelude Ventures)

You can find their website here.

10) Rev.com

Rev.com

Rev is the world's largest and most popular voice-to-text service, combining human and artificial intelligence.

Details of the startup:

  • Country: United States
  • State: Texas
  • City: Austin
  • Started in: 2010
  • Founders: Dan Kokotov, David Abrameto, Jason Chicola, Josh Breinlinger, Mark Chen, Paul Huck
  • Number of employees: 251-500
  • Funding: $33,000,000
  • Funding rounds: 1
  • Number of investors: 3 (Globespan Capital Partners, Craig Sherman, Austin Ligon)

You can find their website here.

11) Observe.AI

Observe.AI

Observe.AI is a software firm that develops contact center software using AI, Natural Language Processing, and analytics.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2017
  • Founders: Akash Singh, Sharath Keshava Narayana, Swapnil Jain
  • Number of employees: 101-250
  • Funding: $88,120,000
  • Funding rounds: 5
  • Number of investors: 15 (Menlo Ventures, Y Combinator, Liquid 2 Ventures, Gokul Rajaram, Nexus Venture Partners)

You can find their website here.

12) Hive

Hive

Hive is a cloud-based enterprise AI company that specializes in intelligent automation.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2013
  • Founders: Dmitriy Karpman, Kevin Guo
  • Number of employees: 101-250
  • Funding: $120,700,000
  • Funding rounds: 5
  • Number of investors: 12 (General Catalyst, Founders Fund, 8VC, Eniac Ventures, Bain & Company)

You can find their website here.

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