About CereProc
CereProc is a company based in Edinburgh (United Kingdom) founded in 2005 was acquired by Capacity in July 2024.. The company has 10 employees as of December 31, 2021. CereProc offers products and services including Intelligent Virtual Agents and Text-to-Speech.
- Headquarter Edinburgh, United Kingdom
- Employees 10 as on 31 Dec, 2021
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- Legal Name Capacity
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Products & Services of CereProc
CereProc offers a comprehensive portfolio of products and services, including Intelligent Virtual Agents and Text-to-Speech. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Intelligent Virtual Agents are provided for integrated AI-powered chat, voice, email, and web self-service to automate customer interactions.
Text-to-Speech services are offered to convert written text into natural-sounding speech, enhancing customer engagement across various channels.
Funding Insights of CereProc
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $195,346
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First Round
First Round
(01 Jan 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2018 | Amount | Grant - CereProc | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in CereProc
CereProc has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Capacity and European Union. 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.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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AI-based data integration and knowledge management solutions are offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CereProc
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CereProc
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cereproc Comparisons
Competitors of CereProc
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CereProc
When was CereProc founded?
CereProc was founded in 2005 and raised its 1st funding round 13 years after it was founded.
Where is CereProc located?
CereProc is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
How many employees does CereProc have?
As of Dec 31, 2021, the latest employee count at CereProc is 10.
What does CereProc do?
CereProc was founded in 2005 in Edinburgh, United Kingdom, focusing on the text-to-speech synthesis sector. Synthetic speech solutions are delivered across platforms, including mobile, embedded devices, desktops, and servers. Services encompass realistic voices with custom builds, emotional tones, and regional accents in languages such as English, Spanish, German, French, Italian, Mandarin, and Japanese. Operations support industries like education, healthcare, robotics, call centers, voice branding, marketing, and creative arts.
What products or services does CereProc offer?
CereProc offers Intelligent Virtual Agents and Text-to-Speech.
Who are CereProc's investors?
CereProc has 2 investors. Key investors include Capacity, and European Union.
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