AiOla, a specialist in voice and conversational artificial intelligence has landed $25 million in funding including a strategic investment from United Airlines Ventures (UAV).
The funding from the airline is part of a “potentially broader collaboration” with United as it explores various use cases for aiOla’s technology.
AiOla said it can turn spoken data into structured data, “even in noisy, multilingual and jargon-heavy environments” and help companies make faster, more informed decisions.
“UAV believes aiOla’s technology has a limitless number of applications across industries, as it solves a fundamental problem of capturing data from speech and, with speed and precision, converting it into structured data to be used in any machine learning and artificial intelligence applications,” said Andrew Chang, managing director of United Airlines Ventures.
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The Israel-based company, which was founded in 2019 and has raised a total of $58 million to date, said the Series A2 round comes amid a surge in the voice AI market which grew 25% to a value of $5.4 billion in 2024.
“In complex operations, incomplete or delayed data isn’t just a widespread industry challenge,” said Amir Haramaty, co-founder and president of aiOla. “Voice is the only interface that can solve the core data challenges – quality, volume, and real-time visibility – without disrupting existing workflows.. With United Airlines Ventures’ investment, we can accelerate the adoption of Voice AI, delivering measurable value from day one.”
AiOla is making its voice AI platform available, enabling developers to access its speech-to-text, text-to-speech and audio intelligence tools through an API.
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