Audio Analytic

Cambridge, United Kingdom Acquired By Meta
Sound recognition software frameworks are developed for consumer electronics.
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About Audio Analytic

Audio Analytic is a company based in Cambridge (United Kingdom) was acquired by Meta in November 2022.. Audio Analytic has raised $45.74 million across 11 funding rounds from investors including Gov.uk, Nesta and Martlet Capital. The company has 51 employees as of January 31, 2021. Audio Analytic operates in a competitive market with competitors including Otter.ai, AssemblyAI, AudioEye, YITU and iFLYTEK, among others.

  • Headquarter Cambridge, United Kingdom
  • Employees 51 as on 31 Jan, 2021
  • Stage Minicorn
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Audio Analytic Limited
  • Date of Incorporation 15 Aug, 2008
  • Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Semiconductors, Electronics & Hardware
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
    $940.58 K (USD)
    32
    as on Dec 31, 2017
  • Net Profit
    $-3.16 M (USD)
    -175
    as on Dec 31, 2017
  • EBITDA
    $-3.5 M (USD)
    -165
    as on Dec 31, 2017
  • Total Equity Funding
    $45.74 M (USD)

    in 11 rounds

  • Latest Funding Round
    $25 M (USD), Series C

    Oct 24, 2019

  • Investors
    Gov.uk

    & 40 more

  • Employee Count
    51

    as on Jan 31, 2021

  • Acquired by
    Meta

    (Nov 09, 2022)

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Funding Insights of Audio Analytic

Audio Analytic has successfully raised a total of $45.74M across 11 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in October 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 11
  • Last Round Series C — $25.0M
  • First Round

    (01 Aug 2008)

  • Investors Count 40
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2019 Amount Series C - Audio Analytic Valuation National Grid Partners , IQ PARTNERS
Jun, 2019 Amount Series C - Audio Analytic Valuation National Grid Partners
Jan, 2017 Amount Series B - Audio Analytic Valuation Cambridge Innovation Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Audio Analytic

Audio Analytic has secured backing from 41 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Gov.uk, Nesta and Martlet Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments are directed toward technology companies.
Founded Year Domain Location
Venture capital investments are made in life sciences and deep tech.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Audio Analytic

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Audio Analytic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Audio Analytic Comparisons

Employees
+
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Competitors of Audio Analytic

Audio Analytic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Otter.ai, AssemblyAI, AudioEye, YITU and iFLYTEK, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Latest news on Audio Analytic

Frequently Asked Questions about Audio Analytic

Where is Audio Analytic located?

Audio Analytic is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.

Is Audio Analytic a funded company?

Audio Analytic is a funded company, having raised a total of $45.74M across 11 funding rounds to date. The company's 1st funding round was a Series B of $5.5M, raised on Aug 01, 2008.

How many employees does Audio Analytic have?

As of Jan 31, 2021, the latest employee count at Audio Analytic is 51.

What is the annual revenue of Audio Analytic?

Annual revenue of Audio Analytic is $940.58K as on Dec 31, 2017.

What does Audio Analytic do?

Audio Analytic develops sound recognition software framework. Its offering is a software, also known as ai3, which is backed by proprietary technologies namely Alexandria (ML-ready audio dataset) and AuditoryNET (deep neural network for sound recognition). The framework can recognize smoke alarm, window breakage, car alarm, gunshot, by matching the sound to the primarily sourced database created in different environments. The target market includes OEMs of smart home devices, monitoring devices, home assistants, among others. Claims to have 9 granted patents in its name.

Who are the top competitors of Audio Analytic?

Audio Analytic's top competitors include Otter.ai, Unisound and AudioEye.

Who are Audio Analytic's investors?

Audio Analytic has 41 investors. Key investors include Gov.uk, Nesta, Martlet Capital, National Grid Partners, and IQ PARTNERS.

What is Audio Analytic's valuation?

The valuation of Audio Analytic is $19.03M as of Jan 2017.

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