Gladia, a Paris, France-based AI transcription and audio intelligence provider, raised $16M in Series A funding.
The round was led by XAnge, with participation by Illuminate Financial, XTX Ventures, Athletico Ventures, Gaingels, Mana Ventures, Motier Ventures, Roosh Ventures, and Soma Capital.
The company intends to use the funds to advance its R&D efforts and soon bring to market a one-stop AI toolkit for audio and expand its product offering with additional à la carte models—including large language models (LLMs) and retrieval-augmented generation (RAG).
Led by CEO Jean-Louis Quéguiner and Jonathan, Soto Gladia is an AI transcription and audio intelligence company helping companies leverage AI and retrieve actionable insights from audio data. Its API supports advanced speech recognition features in over 100 languages, with accuracy and asynchronous and real-time transcription.
Gladia’s new product allows companies to bypass these challenges. The real-time speech-to-text engine boasts an industry-leading latency of under 300 milliseconds without compromising accuracy, regardless of the language, geography, or tech stack used.
It serves over 70,000 users and 600 enterprise customers, including Attention, Ausha, Circleback, Method Financial, Recall, Sana, and VEED.IO.
Founded in 2022, Gladia has now raised a total of USD $20.3M, with earlier seed investments headed by New Wave, Sequoia Capital (as part of the First Sequoia Arc program), Cocoa, and GFC.
FinSMEs
15/10/2024