Funding

Synthflow AI funding news – AI Voice Tech Startup Synthflow AI Secures $7.4Million in Seed Funding

Jun 27, 2024 | By Startup Rise EU

Berlin-based AI Voice Tech Startup Synthflow AI secures $7.4million in seed funding, led by Singular, with participation from existing investor Atlantic Labs and respected investors in the AI space, including the founders of Krisp AI.

Berlin-based AI Voice Tech Startup Synthflow AI secures $7.4million in seed funding, led by Singular, with participation from existing investor Atlantic Labs and respected investors in the AI space, including the founders of Krisp AI.

SUMMARY

  • Berlin-based AI Voice Tech Startup Synthflow AI secures $7.4million in seed funding.
  • Synthflow AI was founded in 2023 by serial entrepreneurs Hakob and Albert Astabatsyans and Sassun Mirzakhan-Saky.

Synthflow Co-Founder and CEO Hakob Astabatsyan said, “We decided to build a no-code layer, similar to what Bubble.io had done for web apps, so that every business owner can build voice assistants without needing to hire a tech team to do it for them”.

Synthflow AI offers small and medium-sized companies a no code, end-to-end solution, to easily create AI voice assistants, customise them, and set up workflow automations, in just a few clicks. By using the platform, users can quickly deploy voice assistants that schedule appointments, collect and share real-time information, or provide customer support. Since its emergence from stealth in December 2023, Synthflow has grown double-digit month-on-month and nearing the mark of 1,000 customers.

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The new funding will be used to enhance the platform's capabilities and accelerate product innovation through R&D. The company also aims to grow its tech team to develop assistants that can serve more complicated use cases and handle more complex tasks, such as performing real-time actions during calls; as well as to serve customers in non-English speaking countries such as Germany and France.

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Eva Mayoud, Investor at Singular said, "Hakob, Albert, and Sassun are an impressive and complementary trio. In just five months, Synthflow has grown remarkably, demonstrating the team's speed of execution and their ability to iterate on their technology and product swiftly. Synthflow is redefining how small businesses interact with conversational AI, bringing unprecedented time and cost savings to their operations”.

The new funding follows a $1.7 million pre-seed round led by Atlantic Labs in August 2023, bringing the total funding to date to $9.1m.

Alice Bardon Catineau, Investor, Atlantic Labs said, “Synthflow had an exceptional go-to-market, leading to significant initial growth. By focusing on specific industries with well-defined use cases rather than attempting to be overly broad at the start, Synthflow was able to deliver an end-to-end solution that provided a superior user experience”.

About Synthflow AI

Founded in 2023 by serial entrepreneurs Hakob and Albert Astabatsyans and Sassun Mirzakhan-Saky, Synthflow AI was born to democratise access to cutting-edge AI voice technology enabling seamless and efficient customer interactions to small businesses.

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