Vapi Raises $20M in Series A Funding to Scale Voice AI Developer Platform

Vapi specializes in deploying enterprise-grade voice AI agents at scale.

Vapi Raises $20M in Series A Funding to Scale Voice AI Developer Platform
Source: Vapi

Company Name: Vapi
Location: San Francisco, CA
Industry: AI-Powered Developer Platform

Funding Details:

  • Amount: $20M
  • Round: Series A
  • Lead Investor: Bessemer Venture Partners
  • Participating Investors: Abstract Ventures, AI Grant, Y Combinator, Saga Ventures, Michael Ovitz

Purpose of Investment:
The funds will be used to expand Vapi's engineering team, scale its infrastructure, and grow its enterprise customer base.

Leadership:

  • CEO: Jordan Dearsley
  • CTO: Nikhil Gupta

Product:
Vapi provides a developer-first platform that enables businesses to deploy scalable voice AI agents. Its flexible API allows engineering teams to design custom conversation flows, integrate with CRMs and EHRs, and incorporate voice agents into enterprise telephony systems.

About the Company:
Founded in 2023, Vapi specializes in deploying enterprise-grade voice AI agents at scale. Its platform supports millions of calls and adapts to custom business workflows. In its first six months, Vapi achieved millions in revenue and secured enterprise customers across finance, healthcare, and travel, including Mindtickle, Luma Health, Ellipsis Health, and Gestionadora de Créditos.