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Smallest.ai raises $8 Mn in seed funding led by Sierra Ventures

EntrackrEntrackr · 7d ago
Smallest.ai raises $8 Mn in seed funding led by Sierra Ventures
Medial

Enterprise Voice AI platform Smallest.ai has raised $8 million in seed funding led by Sierra Ventures, with participation from 3one4 Capital and Better Capital. The company will use the funds to expand its operations across North America and India, enhance its AI-driven voice automation stack, and deepen enterprise adoption in regulated industries such as banking, financial services, retail, healthcare, and IT. The San Francisco and Bengaluru-based startup has also appointed Apoorv Sood as Global Head of Go-To-Market (GTM) to lead enterprise growth, partnerships, and adoption across global markets. Founded by Sudarshan Kamath and Akshat Aandloi, Smallest.ai’s proprietary platform combines speech recognition, natural language understanding, and speech synthesis to deliver real-time, human-grade conversations. Its Lightning engine achieves 100 ms latency, while its Electron model is said to be 10x faster than leading benchmarks. The company claims to serve enterprises such as Paytm, MakeMyTrip, ServiceNow, and Dalmia Cement, supporting multilingual capabilities with more Indian languages to be added soon. Smallest.ai reported 300% growth in the US and 150% year-on-year growth in India, driven by rising demand for scalable voice automation. The platform helps reduce support costs by up to 80%, boosts agent productivity 10x, and ensures 24x7 availability for large organizations. The Voice AI market is projected to reach $47.5 billion by 2034, highlighting the growing enterprise adoption of conversational AI systems globally.

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Mem0 raises $24M from YC, Peak XV and Basis Set to build the memory layer for AI apps

TechCrunchTechCrunch · 6d ago
Mem0 raises $24M from YC, Peak XV and Basis Set to build the memory layer for AI apps
Medial

Smallest.ai, a voice AI startup founded in 2024 by ex-Bosch engineers Sudarshan Kamath and Akshat Mandloi, has raised $8M seed funding led by Sierra Ventures with 3one4 Capital and Better Capital. The company builds ultra-fast, compact text-to-speech models for contact centers and enterprise use. Its flagship Lightning model generates 10 seconds of speech in 100 milliseconds, while the new Electron v2 (4B parameters) delivers low-latency responses (53ms TTFT) with output quality rivaling much larger models. Smallest.ai enables voice cloning from as little as 15 seconds of audio, offers industry-specific customization, and supports on-prem deployment for security-sensitive sectors. The funding will fuel expansion into retail, healthcare, and technology markets.

Indian Voice AI startup Smallest.ai nabs $8M investment

InternetInternet · 25d ago
Indian Voice AI startup Smallest.ai nabs $8M investment
Medial

Smallest.ai, a voice AI startup founded in 2024 by ex-Bosch engineers Sudarshan Kamath and Akshat Mandloi, has raised $8M seed funding led by Sierra Ventures with 3one4 Capital and Better Capital. The company builds ultra-fast, compact text-to-speech models for contact centers and enterprise use. Its flagship Lightning model generates 10 seconds of speech in 100 milliseconds, while the new Electron v2 (4B parameters) delivers low-latency responses (53ms TTFT) with output quality rivaling much larger models. Smallest.ai enables voice cloning from as little as 15 seconds of audio, offers industry-specific customization, and supports on-prem deployment for security-sensitive sectors. The funding will fuel expansion into retail, healthcare, and technology markets.

Jobizo raises $1.4 Mn led by Alkemi Growth Capital

EntrackrEntrackr · 8m ago
Jobizo raises $1.4 Mn led by Alkemi Growth Capital
Medial

Jobizo raises $1.4 Mn led by Alkemi Growth Capital Healthcare HRtech firm Jobizo has raised $1.4 million in its pre-series funding round led by Alkemi Growth Capital. This investment follows the $500,000 seed funding round led by AROA Ventures in 2022. The proceeds will be used to create 100,000 healthcare jobs in India and 3,000 jobs abroad within the next 18 months and aims to complete 10 million job hours over time. Co-founded by Naveen Trehan and Avishek Agarwal, Jobizo is an AI-powered platform that connects employers with skilled professionals. The platform has contributed to over 10 million additional patient care hours in India. By using its expanding investor network and market expertise, Jobizo aims to create a welcoming environment for the workforce and tackle skill gap issues. Post seed round, Jobizo's growth claims to have grown over 500%, facilitated over 20,000 jobs in India and international countries, and helped fill over 10 million job hours.

Exclusive: Even Healthcare raises $20 Mn led by Khosla Venture

EntrackrEntrackr · 1y ago
Exclusive: Even Healthcare raises $20 Mn led by Khosla Venture
Medial

Healthcare company Even Healthcare has raised Rs 169 crore (approximately $20 million) in a new round led by Khosla Ventures. The fresh funding for the Bengaluru-based firm has come after a gap of 20 months. The board at Even has passed a resolution to issue 2,17,589 preference shares at an issue price of Rs 7,762 each to raise Rs 169 crore or $20 million, its filing sourced from the Registrar of Companies shows. Khosla Ventures led the round with Rs 83.4 crore or $10 million while Pathfinder and Mercury Fund invested Rs 21.3 crore and 26.9 crore, respectively. Simon Fiduciaria, DLB Ventures, Lex Italia, 8 VC, Rainmatter fintech, and others cumulatively injected the rest amount. Even Healthcare has also expanded its employee stock option (ESOP) pool, adding new options that bring the total pool size to 1,35,000, according to a separate resolution filed by the company. According to Entrackr’s estimates, its ESOP size is worth $12 million. As per startup data intelligence platform TheKredible, the company has been valued at around Rs 753 crore or $91 million post-allotment. Even offers subscription-based plans to cover diagnostics, consultations, and hospitalization costs of up to Rs 50 lakh. According to the company, it only partners with those hospitals that guarantee the care of its members in exchange for a recurring payment. Launched by Mayank Banerjee, Matilde Giglio and Alessandro Lalongo, Even also offers personalized managed care programs and provides Even cards which can be used to pay bills at its partner hospitals and labs. Even claims to have an advantage over medical insurance as it provides unlimited OPD consultations and diagnostics. The company has raised approximately $40 million to date, including $15 million from Alpha Wave and Aspada in November 2022, and an initial $5 million in seed capital led by Khosla Ventures in 2021. Entrackr exclusively reported about its seed funding in July 2021.

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