Audio Analytic
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
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Audio Analytic Limited
- Date of Incorporation 15 Aug, 2008
- Jurisdiction CAMBRIDGE, CAMBRIDGESHIRE, ENGLAND
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Annual Revenue
$940.58 K (USD)32as on Dec 31, 2017
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Net Profit
-$3.16 M (USD)-175as on Dec 31, 2017
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EBITDA
-$3.5 M (USD)-165as on Dec 31, 2017
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Total Equity Funding
$45.74 M (USD)
in 11 rounds
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Latest Funding Round
$25 M (USD), Series C
Oct 24, 2019
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Investors
Gov.uk
& 40 more
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Employee Count
51
as on Jan 31, 2021
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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.
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.
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Venture capital investments are made in life sciences and deep tech.
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Investor details for Audio Analytic
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Investments & Acquisitions by Audio Analytic
Investment portfolio details for Audio Analytic
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Financial Statements - Audio Analytic
Detailed financials for Audio Analytic
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Audio Analytic Comparisons
Peer comparison for Audio Analytic
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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.
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AI-based voice transcription for meetings is provided via cloud software.
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Provider of speech to text solutions
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Cloud-based accessibility tools are offered to businesses for digital compliance.
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AI-based decision intelligence platforms are provided for multiple sectors.
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AI-based speech and language interaction technologies are provided globally.
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AI-generated music and lyrics are created on an online platform.
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Detailed competitors of Audio Analytic
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Latest news on Audio Analytic
Complete news archive for Audio Analytic
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Frequently Asked Questions about Audio Analytic
Audio Analytic is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Audio Analytic is a funded company, having raised a total of $45.74M across 11 funding rounds to date.
As of Jan 31, 2021, the latest employee count at Audio Analytic is 51.
Annual revenue of Audio Analytic is $940.58K as on Dec 31, 2017.
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.
Audio Analytic has 41 investors. Key investors include Gov.uk, Nesta, Martlet Capital, National Grid Partners, and IQ PARTNERS.
The valuation of Audio Analytic is $19.03M as of Jan 2017.