Wispr Raises $280 Million at $2 Billion Valuation as It Pushes Into AI Meetings
Updated
Updated · TechCrunch · Aug 17
Wispr Raises $280 Million at $2 Billion Valuation as It Pushes Into AI Meetings
1 articles · Updated · TechCrunch · Aug 17
Summary
$280 million in Series B gives Wispr fresh capital to expand beyond its AI dictation app into meetings, where its newly released note-taker is taking on rivals such as Granola, Fireflies and Read AI.
The round, led by Menlo Ventures less than 10 months after Wispr's last raise, brings total funding to $361 million as competition intensifies from both dedicated dictation apps and cheaper or free tools.
Wispr paired the funding with a new speech model, Canto, saying it will cut error rates from 30% to under 10% after users recently complained about a dip in Flow's dictation quality.
Since November, the startup has launched on Android, expanded go-to-market teams in India and the U.K., and added hardware partnerships such as Oasis ring as it broadens its human-computer interface ambitions.