What does Phonic do?
Phonic is a San Francisco-based platform that unifies voice generation, recognition, and interaction to power conversational voice agents. Its solution enables organizations to create, evaluate, and manage lifelike voice interactions, and is deployable via a cloud API or on-premises for clients with strict security requirements.
How much did they raise?
The company secured $4M in a Seed round, led by Lux Capital with participation from industry figures such as Amjad Masad, Clem Delangue, Qasar Younis, and Erik Bernhardsson, underscoring significant industry interest.
What are their plans for the money?
With the new funds, Phonic plans to expand operations and ramp up its development efforts, potentially enhancing its platform to further simplify the integration of complex voice technologies in markets like healthcare and insurance.
What have they achieved so far?
Phonic’s platform is already in use by customers in healthcare and insurance, which demonstrates its effectiveness and impact in real-world applications.