Nuance

London, United Kingdom Founded: 1992 • Age: 34 yrs Acquired By HCL Technologies
Conversational AI solutions are provided for enterprise customer experiences.
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About Nuance

Nuance is a company based in London (United Kingdom) founded in 1992 was acquired by HCL Technologies in January 2025. It operates as a AI-as-a-Service, and Professional Services. Nuance has raised $15.6 million across 6 funding rounds from investors including Microsoft, Goldman Sachs and Intel. The company has 1 employees as of August 31, 2023. Nuance has completed 41 acquisitions, including Accelarad, Accentus Inc and Agnitio Corp. Nuance offers products and services including Healthcare Solutions and Productivity Solutions. Nuance operates in a competitive market with competitors including CallMiner, Chorus.ai, Nexmo, Iodine Software and Lifen, among others.

  • Headquarter London, United Kingdom
  • Employees 1 as on 31 Aug, 2023
  • Stage Public
  • Sectors
    Technology
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nuance Communications, Inc.
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Healthcare → Health Technology & Digital Health
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15.6 M (USD)

    in 6 rounds

  • Latest Funding Round
  • Investors
    Microsoft

    & 11 more

  • Employee Count
    1

    as on Aug 31, 2023

  • Investments & Acquisitions
    Accelarad

    & 40 more

  • Acquired by
    HCL Technologies

    & 3 more

    (Jan 14, 2025)

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Products & Services of Nuance

Nuance offers a comprehensive portfolio of products and services, including Healthcare Solutions and Productivity Solutions. 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.

Primary

AI solutions are provided for enhancing patient experiences.

Speech recognition tools are offered to boost productivity.

People of Nuance
Headcount 10000+
Employee Profiles 547
Board Members and Advisors 11
Employee Profiles
People
Gary Sun
Director
People
Bill Duff
CVP & CFO, Consumer & Devices
People
Alex Pepperl
Director, Head Of Retail Media Adtech Partnerships
People
Richard Qian
CVP, AI & Technology

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Board Members and Advisors
people
Sandra E. Peterson
Board Member
people
Reid Hoffman
Board Member
people
John David Rainey
Board Member
people
Emma Walmsley
Board Member

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Funding Insights of Nuance

Nuance has successfully raised a total of $15.6M across 6 strategic funding rounds. 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 6
  • Last Round
  • First Round

    (11 May 1998)

  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2021 Amount Post-IPO - Nuance Valuation

investors

Aug, 2016 Amount Post-IPO - Nuance Valuation

investors

Dec, 2015 Amount Post-IPO - Nuance Valuation

investors

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 Nuance

Nuance has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Goldman Sachs and Intel. 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
Investor Description Founded Year Domain Location
VC firm making early stage investment in tech companies in the US
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
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 Nuance

Nuance has strategically engaged in corporate development activities, having acquired 41 companies. Notable acquisitions include Accelarad, Accentus Inc and Agnitio Corp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of digital healthcare records management software
2022
Software development services are provided by Viecore FSD.
2022
Patient documentation is automated for physicians using machine learning.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Nuance

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

Nuance Comparisons

Employees
+
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Competitors of Nuance

Nuance 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 CallMiner, Chorus.ai, Nexmo, Iodine Software and Lifen, 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
domain founded_year HQ Location
Cloud and AI-based conversational analytics are delivered by CallMiner.
domain founded_year HQ Location
Conversational intelligence platform for sales
domain founded_year HQ Location
Voice and messaging APIs provided to enterprises for customer outreach.
domain founded_year HQ Location
AI-based clinical documentation integrity and revenue management solutions are provided.
domain founded_year HQ Location
Medical documents are exchanged digitally through an online platform.
domain founded_year HQ Location
Embeddable speech and vision technologies are provided for consumer products.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nuance

Frequently Asked Questions about Nuance

When was Nuance founded?

Nuance was founded in 1992 and raised its 1st funding round 6 years after it was founded.

Where is Nuance located?

Nuance is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is Nuance a funded company?

Nuance is a funded company, having raised a total of $15.6M across 6 funding rounds to date. The company's 1st funding round was a Post-IPO of $676M, raised on May 11, 1998.

How many employees does Nuance have?

As of Aug 31, 2023, the latest employee count at Nuance is 1.

What does Nuance do?

Nuance, now part of Microsoft, is focused on transforming workflows through industry-leading AI, security, and infrastructure. Solutions are provided to boost productivity and drive results across sectors like healthcare. Patient experiences are enhanced with AI-powered tools for physicians and radiologists, while speech recognition solutions are offered to improve workplace efficiency. Connected experiences are created to maximize data utilization in healthcare settings.

Who are the top competitors of Nuance?

Nuance's top competitors include Chorus.ai, Lifen and Unisound.

What products or services does Nuance offer?

Nuance offers Healthcare Solutions and Productivity Solutions.

How many acquisitions has Nuance made?

Nuance has made 41 acquisitions, including Accelarad, Accentus Inc, and Agnitio Corp.

Who are Nuance's investors?

Nuance has 12 investors. Key investors include Microsoft, Goldman Sachs, Intel, Motorola Mobility, and HCL Technologies.

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