Synthflow, a Berlin-based no-code platform tailored for SMEs to create AI voice assistants, has secured $7.4 million in seed funding, bringing its total funding to $9.1 million.
Investors
The round was led by Singular, with participation from existing investor Atlantic Labs and several investors in the AI space, including the founders of Krisp AI.
Singular is a European venture firm that partners with remarkable founders building transformative companies. The firm prefers to invest in seed-stage, early-stage, and later-stage companies based in the European region.
Synthflow Use of Funds
The funds from this round will primarily be invested in research and development to enhance product capabilities and expand market reach across Europe, initially focusing on German and French-speaking markets. Synthflow also plans to integrate with third-party software and develop more sophisticated AI functionalities, such as real-time data handling during calls.
About Synthflow
Founded in early 2023, Synthflow provides a no-code platform for AI voice assistance, specifically targeted at SMEs (small and medium-sized enterprises). Their platform enables businesses to create and deploy AI-driven voice agents to automate tasks such as appointment scheduling and customer inquiries. Synthflow has already gained traction with approximately 1,000 customers and is expanding its language capabilities beyond English, with beta versions available in German and French.
Funding Details
Company: Synthflow
Raised: $7.4M
Round: Seed Round
Funding Month: June 2024
Lead Investors: Singular
Additional Investors: Atlantic Labs
Company Website: https://synthflow.ai/
Software Category: AI Voice Assistant
Source: https://techcrunch.com/2024/06/26/synthflow-picks-up-7-4m-for-no-code-voice-assistance-for-smes/