What is Whisper?
Founded in 2017 and based in San Francisco, Whisper operates at the intersection of artificial intelligence and hearing health. The company's core mission is to develop and deploy advanced AI platforms that enhance the production and performance of hearing aids and other assistive listening devices. By leveraging cutting-edge technology, Whisper aims to address critical needs within the hearing health sector, positioning itself as a key player in the burgeoning health technology industry.
How much funding has Whisper raised?
Whisper has raised a total of $38M across 2 funding rounds:
Series A
$3M
Series B
$35M
Series A (2013): $3M with participation from Lightspeed Venture Partners and Trinity Ventures
Series B (2020): $35M led by Quiet Ventures, First Round Capital, and Steamboat Ventures
Key Investors in Whisper
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that invests in early and growth-stage technology companies across various sectors, including enterprise software and consumer tech. They partner with founders from seed through IPO/M&A.
First Round Capital
First Round Capital is an early-stage investment firm known for its focus on supporting mission-driven entrepreneurs and transforming ambitious visions into reality. They invest in a diverse range of industries, providing hands-on support to build high-impact businesses.
Steamboat Ventures
Steamboat Ventures focuses on helping young companies become market leaders by investing in early to growth-stage companies within the technology, media, and consumer sectors. They are dedicated to creating lasting value in each of their investments.
What's next for Whisper?
With the recent infusion of major strategic capital, Whisper is poised for an accelerated phase of expansion and innovation. The company's focus on AI for hearing health technology suggests a strategic direction towards enhancing diagnostic capabilities, personalizing device performance, and potentially expanding its platform to a broader range of audiological applications. This enterprise-level backing indicates strong investor confidence in Whisper's long-term vision and its potential to disrupt the traditional hearing aid market. Future developments are likely to involve further integration of AI into device ecosystems and potential partnerships to broaden market reach.
See full Whisper company page