Project
Wispr Flow is a voice dictation app that converts speech to text across apps, used by millions of consumers and over 100,000 businesses.
Crunchbase counted 29 additions to its unicorn board in August, worth about $63bn, and across the nine AI, software and semiconductor entrants with disclosed terms, every dollar of new cash set roughly eight dollars of paper.
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The London startup, founded by two former Nothing staffers, runs its transcription on Google's Gemini and wants screen-snapshot permission now, on the bet that the real blocker is the coworker within earshot.
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Menlo Ventures led a round that more than tripled Wispr's lifetime funding in one go, on the back of a speech model the company says cuts word error rates by two thirds or better.
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The startup says a new model, Canto, will cut error rates from 30% to under 10% after weeks of user complaints. It is also entering meeting notes, where three incumbents already sit.
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The Series B values the dictation app at $2 billion and funds a push into meeting notes, a category where two of the four rivals Wispr names are already in California court.
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Wispr raised $280 million at a $2 billion valuation six months after its last round. Its lead investor says the competitive set is every text box in front of an AI model.
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