Total amount raised
$86 Millions
Latest funding date
3/1/2025
Location
Cartesia has successfully raised $64 million in a Series A funding round, attracting the attention of nine investors including Greycroft and Kleiner Perkins. The platform specializes in real-time multimodal intelligence, offering products like Sonic and On-Device models.
Keep reading to explore the intricacies of Cartesia's fundraising journey and the investors backing this innovative platform.
What Is Cartesia?
Cartesia, founded on September 25, 2023, is based in San Francisco, California. The company specializes in real-time multimodal intelligence, aiming to develop pervasive, interactive AI that operates everywhere.
Founded by Albert Gu, Arjun Desai, Brandon Yang, and Karan Goel, Cartesia focuses on generating seamless speech and powering voice applications. Their products include Sonic, an ultra-realistic generative voice AI, and On-Device models for real-time applications.
With a team of 11-50 employees, Cartesia is committed to advancing the next generation of AI technology. The platform is trusted by over 50,000 customers, showcasing its impact and reliability in the industry.
How Much Funding Has Cartesia Raised?
- Series A
- Amount Raised: $22M
- Date: December 2024
- Lead Investors: Index Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and further develop their AI technology.
- Series A
- Amount Raised: $64M
- Date: March 2025
- Lead Investors: Kleiner Perkins
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support growth, reduce latency, and expand AI use cases.
Total amount raised: $86M. Current valuation: Not publicly disclosed.
Key Investors
- Kleiner Perkins
- Details: Kleiner Perkins is a leading venture capital firm based in Silicon Valley, known for its early investments in technology companies. The firm has a long history of backing transformative companies.
- Investment Focus Areas: Technology, healthcare, sustainability.
- Notable Investments: Google, Amazon, Twitter.
- Index Ventures
- Details: Index Ventures is a global venture capital firm that invests in technology and life sciences companies. The firm has offices in London, San Francisco, and Geneva.
- Investment Focus Areas: Technology, life sciences, fintech.
- Notable Investments: Dropbox, Slack, Robinhood.
- Lightspeed
- Details: Lightspeed is a venture capital firm that focuses on early-stage investments in the enterprise and consumer sectors. The firm has a strong presence in Silicon Valley.
- Investment Focus Areas: Enterprise, consumer, fintech.
- Notable Investments: Snap, Nest, Grubhub.
- Greycroft
- Details: Greycroft is a venture capital firm that invests in both early and growth-stage companies. The firm has offices in New York and Los Angeles.
- Investment Focus Areas: Digital media, fintech, healthcare.
- Notable Investments: Venmo, Huffington Post, Scopely.
- Dell Technologies Capital
- Details: Dell Technologies Capital is the venture capital arm of Dell Technologies, investing in innovative technology startups. The firm focuses on early-stage investments.
- Investment Focus Areas: Cloud computing, cybersecurity, AI.
- Notable Investments: Zscaler, DocuSign, MongoDB.
What's Next for Cartesia?
Cartesia stands at the cusp of a significant opportunity in the voice AI market, driven by the $64 million Series A funding. This financial boost allows the company to enhance its technological capabilities, expand its customer base, and explore new applications for its AI models. The voice AI market is rapidly growing, with increasing demand for advanced solutions in sectors like customer service, healthcare, and digital avatars.
Future fundraising rounds seem likely as Cartesia continues to scale and innovate. The company’s success in reducing latency and computational costs positions it well for attracting further investment. However, challenges such as intense competition and the need for continuous innovation remain. Ensuring the technology is not misused and avoiding the "uncanny valley" in voice AI are critical hurdles that Cartesia must navigate to maintain its growth trajectory.
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