Vapi Lands 20M Investment To Disrupt Enterprise Ai

Vapi Lands 20M Investment To Disrupt Enterprise Ai

Vapi Secures $20M Series A Funding to Revolutionize Enterprise AI Voice Agents

Vapi has secured a whopping $20 million Series A funding round led by Bessemer Venture Partners. This investment is set to further fuel the growth of the platform, which aims to make voice AI as accessible and dependable as any other API in a modern developer’s stack.

Founded in 2023 by CEO Jordan Dearsley and CTO Nikhil Gupta, Vapi has been making waves in the industry with its developer-first approach. By providing tools that allow developers to deploy AI voice agents in minutes instead of months, Vapi is poised to disrupt the traditional tech landscape.

The platform’s unique value proposition lies in its ability to transform existing CRMs, EHRs, and telephony systems into immersive voice-enabled experiences. With its flexible APIs and broad platform integrations, Vapi empowers enterprises to focus on their core products, rather than getting bogged down in complex technology.

“We believe AI will fundamentally impact every vertical of the economy, with voice agents becoming a core interface for many applications,” said Byron Deeter, partner at Bessemer. “Vapi is emerging as the leading developer platform for conversational voice agents, redefining how people interact with technology.”

As the demand for voice AI continues to grow, Vapi is well-positioned to capitalize on this trend. With investments from Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, and Michael Ovitz, the company has secured a strong backing that will enable it to scale its operations and meet the growing needs of enterprises worldwide.

In just six months since launching, Vapi has already scaled to millions in revenue by serving a diverse range of enterprises. Companies like Mindtickle, Luma Health, Ellipsis Health, and Gestionadora de Créditos have harnessed Vapi’s platform to handle high call volumes seamlessly, demonstrate human-like responsiveness, and improve the overall caller experience.

Vapi’s technology is built for performance and scalability, with sub-500ms latency, natural turn-taking, and global infrastructure. The company’s developer-first approach has earned it widespread adoption across various industries, including healthcare and telehealth, travel and hospitality, finance and insurance, and retail and food services.

With the new funding, Vapi plans to expand its engineering team and further strengthen its real-time infrastructure. This will enable the company to onboard new enterprise customers and continue to evolve its developer tools, ensuring that they remain reliable, functional, and usable.

Industry endorsements and market validation are backing Vapi’s ambitious mission. Customers like Groq, Relevance AI, and Deepgram praise the platform’s responsiveness, ease of integration, and developer-focused support.

By removing the friction of building from scratch, Vapi lets developers concentrate on their unique business logic. “I spent time at Stripe in 2012 and I saw what it takes to design and support a great API. This team has that kind of magic,” said Richard Burton, CEO of Balance IO.

As Vapi looks to usher in a future where voice agents are as common and reliable as web or mobile interfaces, its mission is clear: to bend the arc back to the human voice. With $20 million in hand, the company is poised to revolutionize the way businesses interact with technology, making it more natural, responsive, and accessible than ever before.

Vapi’s platform is set to shake up the tech landscape, providing a future where voice AI is as integral to business operations as any other technology. As enterprises across the globe look to scale their voice operations, Vapi is the platform that will enable them to build it – all in a matter of minutes.

Latest Posts