VoiceLine, a Munich, Germany-based startup revolutionizing field sales with its advanced voice and AI technology, has raised €2.4 million in seed funding, bringing its total funding to €4.2 million.
Investors
Venture Stars and Scalehouse Capital led the round, joined by Cavalry Ventures and several prominent business angels, including Peter Walz and Jens Schulte-Bockum.
Founded in 2011, Venture Stars is a Munich-based venture capital firm focused on early-stage investments in innovative digital B2C and B2B business models.
Scalehouse Capital, based in Osnabrück, Germany, was founded in 2022 and invests in the software and technology sectors across Germany.
About VoiceLine
Founded in 2020 by Nicolas Höflinger and Sebastian Pinkas, VoiceLine offers a cutting-edge solution for field staff to record and process customer interactions using voice input. Their AI-driven technology interprets industry-specific terminology and automates follow-up processes, reducing follow-up time and enhancing documentation accuracy. VoiceLine now serves around 25 medium-sized customers, including Böllhoff, Hawle, Bohnenkamp, and Schrauben-Jäger, as well as enterprise clients such as Elis Textilmanagement (France), Hellmann Worldwide Logistics, and Julius Blum (Austria).
Funding Details
Company: VoiceLine GmbH
Raised: €2.4M
Round: Seed Round
Funding Date: August 2024
Lead Investor: Venture Stars, Scalehouse Capital
Additional Investors: Cavalry Ventures, Peter Walz, Jens Schulte-Bockum
Company Website: https://getvoiceline.com/
Software Category: AI Voice Messaging
Source: https://www.eu-startups.com/2024/08/munich-based-voiceline-snaps-e2-4-million-to-free-sales-teams-from-tedious-administrative-tasks/