How Much Did Canary Speech Raise?
Funding & Key Investors

Canary Speech, a pioneer in the burgeoning field of speech digital biomarkers, has successfully secured significant capital to accelerate its mission of transforming patient care through vocal analysis. With a total cumulative investment reaching $13.1M, the company continues to solidify its market presence. The most recent financing round, which brought in $13M, underscores the growing confidence from institutional backers in the firm's ability to deliver real-time health insights via smart devices.

What is Canary Speech?

Canary Speech
SoftwareHealthcare Software

Based in Utah, Canary Speech stands as a global leader in the speech digital biomarker sector. By leveraging patented artificial intelligence, the company performs sophisticated vocal analysis on as little as 20 seconds of speech. This technology is engineered to serve critical sectors including hospital systems, health and wellness platforms, and the pharmaceutical industry. By integrating these capabilities into telemedicine and remote medical services, Canary Speech is effectively bridging the gap between diagnostic precision and patient accessibility, ultimately aiming to enhance quality of life and clinical outcomes on a global scale.

How much funding has Canary Speech raised?

Canary Speech has raised a total of $13.1M across 2 funding rounds:

2021

Debt

$120K

2024

Series A

$13M

Debt (2021): $120K with participation from PPP

Series A (2024): $13M led by Sorenson, Cortes Capital, and Hackensack Meridian Health

Key Investors in Canary Speech

Sorenson

Sorenson is a global leader in language services and accessible communication, specializing in connecting signed and spoken languages through patented technology and human-centric services.

Cortes Capital

Cortes Capital is a diversified investment firm that provides comprehensive real estate services, property management, and strategic financial advisory to a broad client base.

Hackensack Meridian Health

Hackensack Meridian Health is a premier not-for-profit healthcare network in New Jersey, recognized for its integrated medical services, innovative research, and commitment to life-enhancing patient care.

What's next for Canary Speech?

The infusion of capital from this major strategic investment positions Canary Speech to scale its operations significantly within the enterprise healthcare landscape. Moving forward, the company is expected to prioritize the expansion of its clinical validation studies and the integration of its vocal biomarker technology into broader pharmaceutical research pipelines. As the healthcare industry shifts toward proactive, data-driven patient monitoring, Canary Speech is well-positioned to capitalize on the demand for non-invasive, remote diagnostic tools. The strategic alignment with its current investor base provides the necessary infrastructure to navigate complex regulatory environments and accelerate the commercial deployment of its proprietary AI solutions.

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Frequently Asked Questions Regarding Canary Speech Financial Insights

What are the most recent funding rounds that Canary Speech has completed, and what were the funding rounds?
Canary Speech has recently completed 2 funding rounds: Series A on Jun 12, 2024, Debt on Jan 21, 2021.
What is the total amount of funding Canary Speech has raised to date?
Canary Speech has raised a total of $13.1M in funding to date.
How many funding rounds has Canary Speech completed?
Canary Speech has completed 2 funding rounds.
How much funding did Canary Speech raise in its most recent funding round?
Canary Speech raised $13M in its most recent funding round.
Who are the lead investors in Canary Speech's latest funding round?
The lead investor in Canary Speech's latest funding round was Sorenson. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Canary Speech's history?
The largest funding round in Canary Speech's history was $13M.
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