Summary:
- Clearspeed, a San Diego-based voice-based risk assessment technology company, raised $60M in Series D funding.
- The funding round was led by Align Private Capital and included participation from other investors.
- Clearspeed’s voice analytics technology helps identify potential risk in speech for various industries globally.
—
Clearspeed, a company based in San Diego, California, has recently secured $60 million in Series D funding. This funding round was spearheaded by Align Private Capital, with additional contributions from IronGate Capital Advisors, Bravo Victor Venture Capital, and KBW Ventures. Notably, General David H. Petraeus, a retired US Army General, also joined as a multi-round investor in this funding round.
As part of the funding announcement, Clearspeed revealed plans to onboard Anna Nekoranec, the Co-Founder and CEO of Align Private Capital, to its Board of Directors. The company intends to utilize the newly acquired funds to expand its operations and further enhance its development efforts.
Clearspeed specializes in voice-based risk assessment, utilizing proprietary voice analytics technology to identify potential risk factors in speech. This technology leverages vocal characteristics that are universally present in all individuals, enabling more informed decision-making in high-stakes environments. Originally developed for the US Department of Defense, Clearspeed’s technology is now utilized by government agencies, military organizations, insurers, financial institutions, and other enterprises worldwide to assess risks such as fraud and insider threats, drive operational efficiencies, and enhance customer experiences. With a global presence in 37 countries and support for over 60 languages, Clearspeed has positioned itself as a leader in voice-based risk assessment technology.
This recent funding round brings Clearspeed’s total funding raised to $110 million, underscoring its growth trajectory and market potential in the voice analytics space. With CEO Alex Martin at the helm, Clearspeed continues to innovate and expand its offerings to address evolving risk assessment needs across various industries.
For more updates on Clearspeed and the latest developments in voice-based risk assessment technology, stay tuned to FinSMEs.