Phonely Lands $16 Million Series A

Phonely Lands $16 Million Series A

Phonely, a San Francisco, CA–based AI voice platform that helps businesses optimize phone conversations, has raised $16 million in Series A funding.

The round was led by Base10 Partners, with participation from Y Combinator, Etech Global Services, TSA Group, and Engage CX.

Base10 Partners is a San Francisco–based venture capital firm that invests in founders who believe purpose is key to profits and in companies automating sectors of the real economy. Through its program Advancement Initiative, Base10 donates a percentage of its profits to underfunded colleges and universities to support financial aid and other key initiatives. The firm manages more than $1 billion in assets under management.

The company will use the funding to expand product development, scale engineering and go-to-market teams, and accelerate adoption across industries that rely on phone-based customer interactions.

Founded in 2023 by Will Bodewes and Nisal Ranasinghe, Phonely is a voice AI platform designed to optimize measurable business outcomes such as bookings, conversions, and customer support resolution. It enables businesses to convert phone conversations into measurable revenue outcomes. Phonely's self-optimizing AI platform uses every customer interaction as feedback, enabling models to improve performance without manual retraining. Headquartered in San Francisco, California, the platform answers millions of calls each month across thousands of businesses. Its customers include Vacatia and Curb.

Funding Details

Company: Phonely Ltd.

Raised: $16.0M

Round: Series A

Funding Date: April 2026

Lead Investor: Base10 Partners

Additional Investors: Y Combinator, Etech Global Services, TSA Group, Engage CX

Company Website: https://www.phonely.ai/

Software Category: AI / Voice AI / Conversational AI / Customer Experience Automation