AI Accent-Modification Firm Sanas Raises $65M, Valued at $500M, Targets Global Expansion
February 20, 2025
The funding round, led by Quadrille Capital and Teleperformance, has propelled Sanas to a valuation exceeding $500 million.
Utilizing patented AI algorithms trained on over 50 million speech samples, Sanas' technology adjusts phonetic patterns while preserving the speaker's emotional expression and identity.
The founders of Sanas were motivated to create this technology after witnessing a friend's struggles with accent discrimination in a call center environment.
Sanas focuses on Real-Time Speech Understanding technology, specifically designed to combat accent-based bias in global communication.
The global voice and speech recognition market is projected to exceed $28.1 billion by 2027, indicating significant demand for technologies like those developed by Sanas.
Currently, Sanas serves around 50 customers across various industries, including healthcare and logistics, with an annual recurring revenue of $21 million.
Sanas, a company specializing in AI technology that modifies call center workers' accents in real time, has successfully raised $65 million in a Series B funding round.
The new capital will be used to expand Sanas' Speech Understanding AI Platform, develop additional speech-to-speech algorithms, and enter new geographical markets.
In just 18 months since its inception, Sanas' technology has been adopted by hundreds of thousands of agents across 39 countries, serving major industry players.
As part of its expansion strategy, Sanas plans to grow its team and open a new office in the Philippines, a key hub for contact centers.
The partnership with Teleperformance is part of a broader AI growth strategy aimed at enhancing customer experiences through advanced AI tools.
Despite concerns about accent homogenization, Sanas is committed to reducing discrimination and promoting diverse communication.
Summary based on 4 sources
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TechCrunch • Feb 19, 2025
Sanas taps AI to change call center workers' accents in real time | TechCrunch
StartupNews.fyi • Feb 19, 2025
Sanas taps AI to change call center workers' accents in real time