# SpokenLayer

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

- Industry: Software
- Headquarters: New York, US
- Website: www.spokenlayer.com
- Latest round: Series A (Feb 20, 2019)
- Investors on record: 2

## About

SpokenLayer is a technology company that offers innovative audio content solutions to transform written materials into high-quality audio, enhancing accessibility and user engagement for publishers and brands.Founded in 2012, SpokenLayer specializes in converting written content into audio formats. The company is headquartered in New York, US, and has participated in 3 funding deals, the most recent being a Series A round in February 2019, which raised USD 0.48 mn. Will Mayo is the founder, with Andy Lipset serving as CEO.SpokenLayer specializes in providing advanced audio content solutions that transform written materials into high-quality audio for various applications. Their core offerings enable publishers, brands, and content creators to enhance accessibility and engagement through audio experiences. The technology seamlessly converts articles, newsletters, and other written content into clear, natural-sounding audio. Their client base includes media publishers and educational institutions, particularly in North America and Europe, where the trend towards audio consumption is rapidly growing.SpokenLayer generates revenue through subscription-based models and partnerships with various content providers. Clients engage under agreements that allow integration of audio capabilities into their platforms, enhancing the value of their offerings. Their revenue structure includes fees for the implementation and maintenance of the audio technology, along with ongoing service fees for continued platform access. The flagship service enables clients to convert a specified volume of text into audio monthly, with pricing plans tailored to different organizational needs.As of February 2019, SpokenLayer raised an undisclosed amount in a Series A funding round from returning investor Mercuri, which will support their expansion into new markets and the development of upcoming products. The company aims to enhance its offerings and is exploring opportunities for growth in regions beyond their current geographical focus, specifically targeting additional markets in Europe and Asia by 2024.

## Funding rounds

- Series A, Feb 20, 2019 — Mercuri
- Seed, Dec 14, 2017 — Mercuri
- Seed, Jan 1, 2016 — Blue Collective

## Investors

- Blue Collective (https://capitalatlas.ai/funds/blue-collective) — Seed
- Mercuri (https://capitalatlas.ai/funds/mercuri) — Seed, Series A
