Gladia Secures $16 Million in Series A

Gladia Secures $16 Million in Series A

Gladia, a Paris, France-based AI transcription and audio intelligence provider, has secured $16 million in Series A funding, bringing its total raised to $20.3 million.

The round was led by XAnge, with participation from Illuminate Financial, XTX Ventures, Athletico Ventures, Gaingels, Mana Ventures, Motier Ventures, Roosh Ventures, and Soma Capital.

XAnge is an early-stage investment fund managing €650 million, based in Paris and Berlin. It invests €500,000 to €10 million in European tech startups across sectors like deeptech, healthcare, fintech, SaaS, and e-commerce, aiming to make technology accessible to a broad audience.

Gladia Use of Funds

The company will use the funds to advance its R&D efforts and expand its product offerings with additional à la carte models, including large language models (LLMs) and retrieval-augmented generation (RAG).

Gladia was founded in 2022 by Jean-Louis Quéguiner and Jonathan Soto, with a mission to help companies leverage cutting-edge AI and retrieve actionable insights from audio data. The company provides real-time transcription and audio intelligence solutions, offering advanced speech-to-text technology. Its API supports over 100 languages, delivering exceptional accuracy in both asynchronous and real-time transcription. With over 600 customers and 70,000 users globally, Gladia's proprietary technology excels at multilingual transcription and audio analysis.

Funding Details

Company: Gladia SAS

Raised: $16.0M

Round: Series A

Funding Date: October 2024

Lead Investor: XAnge

Additional Investors: Illuminate Financial, XTX Ventures, Athletico Ventures, Gaingels, Mana Ventures, Motier Ventures, Roosh Ventures, Soma Capital

Company Website: https://www.gladia.io/

Software Category: AI Transcription and Audio Intelligence Solutions