Gladia funding news – Paris-based Gladia Raises $16 Million in Series A Round Funding

The Series A funding was led by XAnge, joined by Illuminate Financial, XTX Ventures, Athletico Ventures, Gaingels, Mana Ventures, Motier Ventures, Roosh Ventures, and Soma Capital. Since its establishment in 2022, Gladia has successfully raised a total of USD $20.3 million, building on earlier seed investments from key players like New Wave, Sequoia Capital, Cocoa, and GFC. Congratulations to the team at Gladia on this significant milestone.

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Alexis du Peloux, Partner, XAnge said, “Gladia represents the qualities we like to champion at XAnge: a bold, global tech team at the forefront of AI innovation, with a proven business model to unlock new opportunities across industries,” “In a fast-paced AI environment, Jean-Louis Quéguiner and his team have executed extremely well, and we are proud to back Gladia for the Series A.”

Jean-Louis Quéguiner, CEO and Co-Founder, Gladia said, “I founded Gladia for a very personal reason – I was frustrated that existing audio transcription services were not able to understand my French accent,” “Our international team and customers often switch between languages during meetings, but finding a transcription solution that can handle different languages and accents simultaneously was impossible.”

Introducing it's groundbreaking new engine that revolutionizes call insights! With the ability to extract caller sentiment, key information, and conversation summaries in real-time, Gladia's engine delivers transcripts and insights in less than a second.

Companies can now overcome challenges with it's new product. Featuring an industry-leading latency of under 300 milliseconds, the real-time speech-to-text engine ensures exceptional accuracy, irrespective of language, geography, or tech stack utilized.

Jonathan Soto, Co-Founder and Chief Technology Officer, Gladia said, “Companies are spending valuable time and resources trying to incorporate multiple AI functions into their existing platforms, Our single API is compatible with all existing tech stacks and protocols, including SIP, VoIP, FreeSwitch, and Asterisk. This allows us to easily integrate real-time transcription and analysis into our customers’ AI platforms, so they can focus on delivering the best services to their end users.”

It is leveraging new capital to enhance its R&D efforts and introduce a comprehensive AI toolkit for audio. The company is also diversifying its product lineup with additional models, such as large language models (LLMs) and retrieval-augmented generation (RAG).

Partnering with design collaborators in the contact-center-as-a-service (CCaaS) sector, it is currently testing an agent-assist solution driven by its real-time AI engine. Looking ahead, the company aims to grow its team to support upcoming international endeavors.

About Gladia

Gladia is on a mission to help companies leverage cutting-edge AI and retrieve actionable insights from audio data. Its API supports advanced speech recognition and analysis features in over 100 languages, with exceptional accuracy and asynchronous and real-time transcription.