What is Krisp?
Founded in 2017 and headquartered in Berkeley, California, Krisp provides an AI-powered noise cancellation solution that integrates directly into communication platforms. By virtually eliminating background noise during phone calls and video conferences, the company addresses a fundamental pain point for remote workers and mobile professionals. Krisp's technology operates as a sophisticated filter, enhancing audio clarity regardless of the user's environment, which has made it an essential utility for enterprise-level communication suites. The company's market position is defined by its ability to bridge the gap between consumer-grade hardware and professional-grade audio requirements, effectively transforming any space into a quiet, productive workspace.
How much funding has Krisp raised?
Krisp has raised a total of $14M across 1 funding round:
Series A
$14M
Series A (2021): $14M with participation from TechNexus, Hive Ventures, Sierra Ventures, and Storm Ventures
Key Investors in Krisp
TechNexus
TechNexus Venture Collaborative is an innovative platform that fosters growth by creating ecosystems between corporations and startups, focusing on building and scaling high-growth businesses through corporate joint ventures.
Sierra Ventures
Sierra Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups, particularly in enterprise software, infrastructure, and data/AI sectors.
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in artificial intelligence, enterprise infrastructure, and cybersecurity.
What's next for Krisp?
With this major enterprise-level funding, Krisp is poised to accelerate its roadmap, focusing on deeper integration with enterprise communication platforms and expanding its footprint in the B2B software market. The strategic backing from seasoned venture firms suggests a focus on long-term scalability and the potential for further innovation in AI-driven audio analytics. As the company moves beyond its initial growth phase, the focus will likely shift toward enhancing its enterprise-grade security features and expanding its global reach, ensuring that its noise-cancellation technology becomes a ubiquitous standard for professional communication worldwide.
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