Gladia, a Paris, France-based AI transcription and audio intelligence provider, has secured $16 million in Series A funding, bringing its total raised to $20.3 million.
Investors
The round was led by XAnge, with participation from Illuminate Financial, XTX Ventures, Athletico Ventures, Gaingels, Mana Ventures, Motier Ventures, Roosh Ventures, and Soma Capital.
XAnge is an early-stage investment fund managing €650 million, based in Paris and Berlin. It invests €500,000 to €10 million in European tech startups across sectors like deeptech, healthcare, fintech, SaaS, and e-commerce, aiming to make technology accessible to a broad audience.
Gladia Use of Funds
The company will use the funds to advance its R&D efforts and expand its product offerings with additional à la carte models, including large language models (LLMs) and retrieval-augmented generation (RAG).
About Gladia
Gladia was founded in 2022 by Jean-Louis Quéguiner and Jonathan Soto, with a mission to help companies leverage cutting-edge AI and retrieve actionable insights from audio data. The company provides real-time transcription and audio intelligence solutions, offering advanced speech-to-text technology. Its API supports over 100 languages, delivering exceptional accuracy in both asynchronous and real-time transcription. With over 600 customers and 70,000 users globally, Gladia's proprietary technology excels at multilingual transcription and audio analysis.
Funding Details
Company: Gladia SAS
Raised: $16.0M
Round: Series A
Funding Date: October 2024
Lead Investor: XAnge
Additional Investors: Illuminate Financial, XTX Ventures, Athletico Ventures, Gaingels, Mana Ventures, Motier Ventures, Roosh Ventures, Soma Capital
Company Website: https://www.gladia.io/
Software Category: AI Transcription and Audio Intelligence Solutions
Source: https://www.prnewswire.com/news-releases/gladia-raises-16-million-in-series-a-funding-launches-the-first-multilingual-real-time-audio-transcription-and-analytics-engine-302275501.html