Latest round

Seed

Last raised

Mar 2020

Total raised

$4.8M

Investors

3

About Sonantic

Founded in 2018, Sonantic Limited operates from its headquarters in London, UK. In June 2022, Sonantic was acquired by Spotify AB for EUR 91 million in a Trade Sale, enhancing Spotify's text-to-speech capabilities.Sonantic specializes in advanced artificial intelligence technology that primarily focuses on voice synthesis. Their core product offerings include a voice generation platform that allows users to create lifelike voiceovers for various applications, including video games, films, and interactive media. This technology addresses challenges associated with traditional voice acting, such as high costs and lengthy production times, by providing a scalable solution that can produce a range of emotional and nuanced vocal performances. The platform caters to a diverse clientele, including game developers, filmmakers, and content creators seeking to enhance user engagement through personalized and dynamic audio experiences.Sonantic's revenue model is structured around B2B transactions, with a focus on subscription-based services that cater to various business needs in voice synthesis. Clients engage with the company through licensing agreements or partnerships that enable them to access the voice generation platform for specific projects. Pricing plans are tailored to the scale and complexity of usage, with options available for both one-time projects and ongoing subscriptions. Flagship offerings include unique voice models that can be customized to align with a client’s specific branding and narrative requirements. This acquisition is expected to facilitate Spotify's expansion into new text-to-speech technologies. Sonantic's strategy includes ongoing development of new products tailored to the digital media landscape, with anticipated enhancements expected to roll out in the coming year, though specific release dates have not been disclosed.

Who invested in Sonantic

3 investors across 2 rounds

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Funding rounds

  1. Seed

    Mar 3, 2020

    Amount

    $2.5M

    Investors

    Locked

  2. Seed

    Jul 8, 2019

    Amount

    $2.3M

    Investors

    Locked

Questions about Sonantic

Who invested in Sonantic?

Sonantic has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sonantic raised?

Sonantic has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Sonantic last raise money?

Sonantic's most recent round on record is a Seed, in Mar 2020.

What does Sonantic do?

Founded in 2018, Sonantic Limited operates from its headquarters in London, UK.

Where is Sonantic headquartered?

Sonantic is headquartered in London, UK.

Which VCs invest in companies like Sonantic?

Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Balderton Capital and Sofinnova Partners back software companies at Sonantic's stage. Their profiles are linked below.

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