What is Krisp?
Founded in 2017 and headquartered in Berkeley, California, Krisp has developed an AI-driven audio filter designed to eliminate background noise during phone calls. This technology enhances the quality of remote and on-the-go communication, addressing a critical need for clear audio in increasingly flexible work environments. Krisp's solution positions it as a key player in the burgeoning market for productivity and communication tools tailored for the modern workforce.
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, Storm Ventures, Hive Ventures, and Sierra 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 and venture capital funds.
Storm Ventures
Storm Ventures is an early-stage venture capital firm focused on B2B software startups, specializing in areas such as artificial intelligence, enterprise infrastructure, and cybersecurity, assisting founders globally in navigating their journey from inception to becoming industry leaders.
Hive Ventures
Hive Ventures is an investment firm that provides backing to companies, contributing to their growth and development.
What's next for Krisp?
With the recent major strategic investment, Krisp is poised for accelerated growth and further development of its AI noise-canceling technology. This infusion of capital, part of its $14M in total funding, suggests a focus on expanding market reach, enhancing product capabilities, and potentially exploring new applications for its core technology. The company's Series A funding in February 2021, which raised $14 million, marked a significant step in its scaling efforts, and this subsequent major strategic investment signals continued confidence from the investment community in Krisp's long-term vision and market potential.
See full Krisp company page
