# Soul Machines

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/soul-machines

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.soulmachines.com
- Total disclosed funding: $118M
- Latest round: Series B (Feb 14, 2022)
- Investors on record: 10

## About

Soul Machines Limited specializes in creating lifelike and emotionally responsive digital avatars powered by artificial intelligence, enhancing user interactions across various sectors.Founded in 2016 by Greg Cross, Soul Machines Limited is headquartered in San Francisco, US. The company focuses on developing digital human technology. In February 2022, Soul Machines raised USD 70.00 mn in Series B funding, led by SB Investment Advisers, with participation from Cleveland Avenue, Liberty City Ventures, Salesforce Ventures, and others. The funding supports further development of their technology and expansion efforts.Soul Machines specializes in advanced digital human technology, creating lifelike avatars through its Digital DNA platform. These avatars engage users in customer service, entertainment, and education, primarily serving industries such as retail, telecommunications, and education. The company markets its solutions to clients across North America, Europe, Asia, and the Middle East, addressing the demand for human-like digital interactions.Soul Machines generates revenue through subscription-based models and partnerships with enterprises integrating digital human technology. Clients subscribe to the Digital DNA platform, accessing customized digital humans tailored to their needs, ensuring unique solutions that improve operational efficiency. Revenue is derived from tailored contracts, reflecting the demand for innovative digital engagement across multiple industries.The most recent funding round, completed in February 2022, will be used to enhance research into imitating human intelligence and expand teams in Auckland and Arizona. Soul Machines plans to launch new products focusing on advanced digital interactions, targeting markets in North America and Europe for expansion by the end of 2023.

## Funding rounds

- Series B, Feb 14, 2022, $70M — Temasek Holdings, Horizons Ventures, Liberty City Ventures, Salesforce Ventures, SB Investment Advisers, Cleveland Avenue, Solasta Ventures
- Series B, Jan 8, 2020, $40M — Temasek Holdings, Horizons Ventures, Lakestar, Salesforce Ventures, UniServices
- Series A, Nov 22, 2016, $7.5M — Horizons Ventures, ICONIQ Capital

## Investors

- Horizons Ventures — Series A, Series B
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series A
- Temasek Holdings — Series B
- Lakestar (https://capitalatlas.ai/funds/lakestar) — Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B
- UniServices — Series B
- Liberty City Ventures (https://capitalatlas.ai/funds/liberty-city-ventures) — Series B
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series B
- Cleveland Avenue (https://capitalatlas.ai/funds/cleveland-avenue) — Series B
- Solasta Ventures (https://capitalatlas.ai/funds/solasta-ventures) — Series B
