Aditya Hadi Pratama · · 1 min readTiger Global, Sequoia back $50m round of Singapore voice AI startup
AI Rudder, a Singapore-based AI startup, has raised US$50 million in series B funding from Tiger Global, Sequoia Capital India, and Huashan Capital.
AI Rudder team / Photo credit: AI Rudder
Founded by Teng Ren and Kun Wu in 2019, AI Rudder provides voice-based AI solutions for B2C communications. It also supports more than 15 languages, including English, Chinese, Hindi, Tagalog, Thai, and Vietnamese.
In a statement, the company said its revenue surged by 5x over the last 12 months. Its platform is currently used by 200 companies from various sectors such as banking, fintech, and ecommerce.
AI Rudder plans to use the fresh funds to double its employees to around 300 people and serve more clients. It also aims to add Arabic, Cantonese, French, German, Japanese, Korean, and Portuguese to attract more companies.
Soon, it aims to add new features, such as multifactor authentication as well as integrations with customer relationship management platforms.
See also: Series SEA: Who’s investing in the region’s AI startups?
In November last year, the firm raised US$10 million in a series A funding round co-led by Sequoia Capital India and Sequoia China Seed Fund. Aside from its headquarters in Singapore, AI Rudder also has offices in Shanghai and Jakarta.
Other investors in AI Rudder’s latest round include:
- Coatue
- Cathay Innovation
- First Plus
- VenturesLab
Editing by Miguel Cordon and Jaclyn Tiu
(And yes, we’re serious about ethics and transparency. More information here.)
Stay updated on the go with our mobile app.
Get latest insights with smoother, more personalized experience through TIA mobile app.
