Vida Raises $3 Million in Seed Round

by Kay Aloha Villamor in July 4th, 2024

Vida, an Austin, TX-based provider of carrier-grade AI voice agents for SMBs, has raised $3 million in seed funding. 

Investors 

The round was led by Stillmark, a Bitcoin-focused venture capital firm founded in 2019. Stillmark invests in early-stage startups (Pre-seed, Seed, and Series A), supporting entrepreneurs advancing Bitcoin's core principles and unique opportunities, and partnering with founders building the next generation of market-defining companies. 

Vida Use of Funds 

The company intends to use the funds to accelerate the deployment of its innovative AI voice solutions. 

About Vida 

Led by CEO Lyle Pratt, Vida provides enterprise-grade AI voice solutions for telecom service providers and SMBs. Its AI voice agents automate key business functions such as customer service, lead qualification, scheduling, and sales. Vida's proprietary voice stack integrates with existing telecom networks and business phone systems over SIP for seamless deployment. The conversation experience is enhanced by AI technology, utilizing LLMs from OpenAI, Meta, Anthropic, and Mistral. 

Funding Details            

Company: Vida Global, Inc.  

Raised: $3.0M                                    

Round: Seed Round    

Funding Month: July 2024                                                                                                            

Lead Investors: Stillmark  

Additional Investors:   

Company Website: https://vida.io/   

Software Category: Communication  

Source:  https://www.finsmes.com/2024/07/vida-raises-3m-in-seed-funding.html

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