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PlayAI Raises $21M in Seed Funding to Revolutionize Voice AI Technology

PlayAI specializes in AI speech models and a voice agent platform, enabling businesses to create voice applications with human-quality speech.

PlayAI Raises $21M in Seed Funding to Revolutionize Voice AI Technology
Source: PlayAI

Company Name: PlayAI
Location: Palo Alto, CA
Industry: Voice AI / Generative AI

Funding Details:
The $21M Seed funding round was led by Kindred Ventures and 500 Global, with additional participation from Race Capital, Y Combinator, Soma Capital, Pioneer Fund, TRAC, and other investors.

Purpose of Investment:
The funding will support generative AI voice models, enhance the voice agent platform, and reduce the time needed for businesses to implement human-quality speech experiences.

Leadership:

  • Mahmoud Felfel (Co-Founder)
  • Hammad Syed (Co-Founder)

Product:
PlayAI provides a voice AI platform featuring advanced generative AI speech models and tools that cater to customer support teams, sales departments, content creators, and beyond. Key offerings include:

  1. PlayDialog: A multi-turn Text-to-Speech (TTS) model trained on millions of real-world conversations. It adapts prosody, intonation, emotion, and pacing to deliver natural, human-like speech in real time. Accessible via an editor, API, or the PlayNote tool.
  2. PlayNote: Transforms PDFs, text, videos, and media into dynamic stories, podcasts, briefings, and more in minutes.
  3. Play 3.0 Mini: A lightweight, low-latency model supporting 30+ languages, designed for rapid generative AI voice agent deployment.

The platform also supports industries such as healthcare, travel, hospitality, and retail, with seamless integration into popular business applications, enabling set-up within 20 minutes.

About the Company:
PlayAI specializes in AI speech models and a voice agent platform, enabling businesses to create voice applications with human-quality speech. To date, it has served 40,000 customers across various sectors, driving innovation in customer support, appointment scheduling, and sales lead engagement.

With its groundbreaking advancements like PlayDialog and Play 3.0 Mini, PlayAI is reshaping how businesses approach voice technology and conversational AI.

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