About Loquendo
Loquendo is a company based in Turin (Italy) founded in 2001 was acquired by Nuance in September 2011.. Loquendo offers products and services including Contact Center AI, Digital and Messaging, Voice and IVR, and Authentication and Fraud Prevention. Loquendo operates in a competitive market with competitors including Otter.ai, AssemblyAI, Tellme, YITU and WellSaid Labs, among others.
- Headquarter Turin, Italy
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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 Nuance Communications, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$676.63 K (USD), Grant
May 01, 2014
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Investors
Telecom Italia
& 2 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Loquendo
Loquendo offers a comprehensive portfolio of products and services, including Contact Center AI, Digital and Messaging, Voice and IVR, and Authentication and Fraud Prevention. 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.
Platform that enhances contact center efficiency with AI automation.
Solutions for seamless customer interactions via messaging channels.
Automated voice systems for improved customer resolution and efficiency.
Biometric methods to secure and personalize customer interactions.
Funding Insights of Loquendo
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $676,630
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First Round
First Round
(01 May 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2014 | Amount | Grant - Loquendo | Valuation |
investors |
| 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 |
Investors in Loquendo
Loquendo has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Telecom Italia, Nuance 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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Integrated telecom service provider
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Conversational AI solutions are provided for enterprise customer experiences.
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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 Loquendo
| 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 - Loquendo
| 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 |
Loquendo Comparisons
Competitors of Loquendo
Loquendo 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, Tellme, YITU and WellSaid Labs, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based voice transcription for meetings is provided via cloud software.
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| domain | founded_year | HQ Location |
Provider of speech to text solutions
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| domain | founded_year | HQ Location |
Voice recognition technology for phone-based information access is provided.
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| domain | founded_year | HQ Location |
AI-based decision intelligence platforms are provided for multiple sectors.
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| domain | founded_year | HQ Location |
AI platform for generating realistic voices in training, advertising, and video production.
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| domain | founded_year | HQ Location |
AI-driven transcription of audio and video files is provided.
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| 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 Loquendo
When was Loquendo founded?
Loquendo was founded in 2001 and raised its 1st funding round 13 years after it was founded.
Where is Loquendo located?
Loquendo is headquartered in Turin, Italy. It is registered at Turin, Piedmont, Italy.
Who is the current CEO of Loquendo?
Paul Ricci is the current CEO of Loquendo.
What does Loquendo do?
Loquendo was established in 2001 in Turin, Italy, within the speech technology sector. Services encompass text-to-speech synthesis, automatic speech recognition, speaker verification, and the VoxNauta VoiceXML platform. These are applied in automotive infotainment, call centers, smart home devices, finance, and business operations. Recognition as a market leader was received in 2009 and 2010 by Speech Technologies. Acquisition by Nuance occurred in October 2011.
Who are the top competitors of Loquendo?
What products or services does Loquendo offer?
Loquendo offers Contact Center AI, Digital and Messaging, Voice and IVR, and Authentication and Fraud Prevention.
Who are Loquendo's investors?
Loquendo has 3 investors. Key investors include Telecom Italia, Nuance, and European Union.