# Sonantic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sonantic

- Industry: Software
- Headquarters: London, UK
- Website: www.sonantic.io
- Total disclosed funding: $4.8M
- Latest round: Seed (Mar 3, 2020)
- Investors on record: 3

## About

Sonantic Limited is a technology company specializing in artificial intelligence-driven voice synthesis solutions, enabling the creation of lifelike voiceovers for various applications such as video games and films.Founded in 2018, Sonantic Limited operates from its headquarters in London, UK. The company focuses on voice synthesis technology and has undergone strategic growth through three significant funding deals. In June 2022, Sonantic was acquired by Spotify AB for EUR 91 million in a Trade Sale, enhancing Spotify's text-to-speech capabilities. The founder's previous entrepreneurial endeavors are not publicly documented.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. The company primarily serves markets in North America, Europe, and Asia, where there is a growing demand for high-quality audiovisual content.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 structure ensures a steady revenue stream while providing clients with the necessary tools to produce high-quality voice content efficiently.Following the acquisition by Spotify AB in June 2022, Sonantic will leverage the EUR 91 million funding to enhance its voice synthesis capabilities further. 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.

## Funding rounds

- Seed, Mar 3, 2020, $2.5M — EQT, AME Cloud Ventures, Entrepreneur First
- Seed, Jul 8, 2019, $2.3M — EQT, AME Cloud Ventures, Entrepreneur First

## Investors

- EQT (https://capitalatlas.ai/funds/eqt) — Seed
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Seed
- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed