TechNexus Venture Collaborative

TechNexus Venture Collaborative, established in 2007 and based in Chicago, Illinois, is a venture capital firm that facilitates collaboration between leading corporations and innovative entrepreneurs. By combining capital investment, incubation services, and collaborative opportunities, TechNexus aims to develop new business models, revenue streams, and scalable market access. The firm focuses on various sectors, including audio and consumer electronics, B2B software, health and wellness, manufacturing, marine and outdoor recreation, media production, mobility, and retail. With a track record of accelerating business opportunities, TechNexus has connected dozens of corporations with over 600 startups, positioning itself as one of the most active venture investors in the United States.

Kaitlyn Doyle

Vice President, Venture

Terry Howerton

Co-Founder and CEO

Past deals in Speech Recognition

Trint

Venture Round in 2022
Trint Limited is a London-based company that offers an online platform designed for transforming audio and video content into searchable text. Founded in 2014 by Jeff Kofman and Mark Boas, Trint addresses the challenges of manual transcription by utilizing artificial intelligence to automate the transcription process. This enables users to efficiently convert audio and video files into accurate text, refine transcripts, add captions, and share excerpts of content seamlessly. The platform serves a diverse range of customers across various sectors, including journalism, media, video editing, academic research, and market research. By streamlining the transcription process, Trint empowers users to focus on content creation and enhances accessibility to information.

AssemblyAI

Series B in 2022
AssemblyAI Inc. is a technology company based in San Francisco, California, established in 2017. It specializes in developing application programming interfaces (APIs) that facilitate the creation of customized chat interfaces and automate audio transcriptions. The company focuses on advancing speech AI technology by building highly accurate, user-friendly, and secure speech recognition models that can interpret and understand human speech. These models are utilized by thousands of users, including leading businesses and developers worldwide. AssemblyAI aims to democratize speech artificial intelligence, fostering innovation and expanding the potential applications of voice data across various industries. Its technology supports real-time transcription of streaming audio, allowing for the integration of industry-specific terminology and enhancing the development of voice-powered applications.

AssemblyAI

Series A in 2022
AssemblyAI Inc. is a technology company based in San Francisco, California, established in 2017. It specializes in developing application programming interfaces (APIs) that facilitate the creation of customized chat interfaces and automate audio transcriptions. The company focuses on advancing speech AI technology by building highly accurate, user-friendly, and secure speech recognition models that can interpret and understand human speech. These models are utilized by thousands of users, including leading businesses and developers worldwide. AssemblyAI aims to democratize speech artificial intelligence, fostering innovation and expanding the potential applications of voice data across various industries. Its technology supports real-time transcription of streaming audio, allowing for the integration of industry-specific terminology and enhancing the development of voice-powered applications.

Respeecher

Venture Round in 2021
Respeecher, Inc. is a Seattle-based company founded in 2017 that specializes in artificial intelligence-driven voice cloning technology. Its platform enables users to convert the voice of one speaker into that of another, allowing for applications such as dubbing movies and television shows while maintaining the original voice characteristics. The technology is also utilized in creating audiobooks featuring the author's voice and facilitating personalized customer interactions in call centers by employing different voices for various customers. Additionally, Respeecher's innovations support individuals with speech difficulties, offering them enhanced communication options. The company's focus on producing synthetic speech positions it effectively within various B2B markets, contributing to the development of innovative entertainment content and diverse communication solutions.

Soundskrit

Venture Round in 2021
Soundskrit is a Montreal-based company that specializes in the development of innovative velocity-based directional microphones designed to enhance audio capture in smart devices. Founded in 2017, the company aims to address the limitations of traditional pressure-based microphones, which pick up sound from all directions and often require multiple units to isolate specific audio sources. Soundskrit's bio-inspired technology measures the velocity of incoming sound, allowing a single microphone to effectively separate and identify sounds from various directions without compromising size or audio quality. This advancement significantly improves speech recognition and sound localization capabilities, enabling a new range of features in consumer electronics, particularly in noisy environments and multi-speaker scenarios.

Symbl.ai

Series A in 2021
Symbl.ai is an early-stage startup based in Seattle, Washington, focused on democratizing access to conversational intelligence for developers. Founded in 2018, the company has created a platform that employs machine learning to analyze voice and text conversations in real-time. This innovative technology allows developers to extract actionable insights and outcomes from human-to-human discussions without the complexity of developing and maintaining conversational understanding systems. By providing tools that require no upfront training, wake words, or custom classifiers, Symbl.ai enables clients to deploy conversation intelligence at scale, facilitating the creation of engaging and productive conversational experiences.

Mycroft

Venture Round in 2021
Mycroft AI, Inc. is a developer of an open-source voice assistant platform that enables users to interact with their electronic devices through voice commands. Founded in 2016 and headquartered in Kansas City, Missouri, with additional offices in Palo Alto, California, and Lawrence, Kansas, Mycroft's software operates as an adaptable platform that can be customized and integrated into various devices, including refrigerators, computers, speakers, wearables, cars, and televisions. The company emphasizes a privacy-focused approach, utilizing artificial intelligence and natural language processing to enhance user experience while maintaining an open-source and open-hardware framework. This allows for extensive extension and personalization, catering to the diverse needs of users.

Krisp

Series A in 2021
Krisp is a technology company that offers an AI-powered application designed to enhance remote communication by eliminating background noise and ensuring clear audio quality during calls and meetings. The app is compatible with all conferencing and recording platforms, allowing users to take calls from any location without concerns about privacy or environmental noise. Krisp's advanced technology not only cancels unwanted sounds but also recovers lost audio packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly beneficial for contact centers, telecommunications, and critical communications, enabling existing audio devices to deliver enhanced communication experiences.

AssemblyAI

Venture Round in 2020
AssemblyAI Inc. is a technology company based in San Francisco, California, established in 2017. It specializes in developing application programming interfaces (APIs) that facilitate the creation of customized chat interfaces and automate audio transcriptions. The company focuses on advancing speech AI technology by building highly accurate, user-friendly, and secure speech recognition models that can interpret and understand human speech. These models are utilized by thousands of users, including leading businesses and developers worldwide. AssemblyAI aims to democratize speech artificial intelligence, fostering innovation and expanding the potential applications of voice data across various industries. Its technology supports real-time transcription of streaming audio, allowing for the integration of industry-specific terminology and enhancing the development of voice-powered applications.

Symbl.ai

Venture Round in 2020
Symbl.ai is an early-stage startup based in Seattle, Washington, focused on democratizing access to conversational intelligence for developers. Founded in 2018, the company has created a platform that employs machine learning to analyze voice and text conversations in real-time. This innovative technology allows developers to extract actionable insights and outcomes from human-to-human discussions without the complexity of developing and maintaining conversational understanding systems. By providing tools that require no upfront training, wake words, or custom classifiers, Symbl.ai enables clients to deploy conversation intelligence at scale, facilitating the creation of engaging and productive conversational experiences.

Krisp

Series A in 2020
Krisp is a technology company that offers an AI-powered application designed to enhance remote communication by eliminating background noise and ensuring clear audio quality during calls and meetings. The app is compatible with all conferencing and recording platforms, allowing users to take calls from any location without concerns about privacy or environmental noise. Krisp's advanced technology not only cancels unwanted sounds but also recovers lost audio packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly beneficial for contact centers, telecommunications, and critical communications, enabling existing audio devices to deliver enhanced communication experiences.

Soundskrit

Seed Round in 2019
Soundskrit is a Montreal-based company that specializes in the development of innovative velocity-based directional microphones designed to enhance audio capture in smart devices. Founded in 2017, the company aims to address the limitations of traditional pressure-based microphones, which pick up sound from all directions and often require multiple units to isolate specific audio sources. Soundskrit's bio-inspired technology measures the velocity of incoming sound, allowing a single microphone to effectively separate and identify sounds from various directions without compromising size or audio quality. This advancement significantly improves speech recognition and sound localization capabilities, enabling a new range of features in consumer electronics, particularly in noisy environments and multi-speaker scenarios.

Krisp

Convertible Note in 2019
Krisp is a technology company that offers an AI-powered application designed to enhance remote communication by eliminating background noise and ensuring clear audio quality during calls and meetings. The app is compatible with all conferencing and recording platforms, allowing users to take calls from any location without concerns about privacy or environmental noise. Krisp's advanced technology not only cancels unwanted sounds but also recovers lost audio packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly beneficial for contact centers, telecommunications, and critical communications, enabling existing audio devices to deliver enhanced communication experiences.

Soundskrit

Seed Round in 2019
Soundskrit is a Montreal-based company that specializes in the development of innovative velocity-based directional microphones designed to enhance audio capture in smart devices. Founded in 2017, the company aims to address the limitations of traditional pressure-based microphones, which pick up sound from all directions and often require multiple units to isolate specific audio sources. Soundskrit's bio-inspired technology measures the velocity of incoming sound, allowing a single microphone to effectively separate and identify sounds from various directions without compromising size or audio quality. This advancement significantly improves speech recognition and sound localization capabilities, enabling a new range of features in consumer electronics, particularly in noisy environments and multi-speaker scenarios.

Trint

Series A in 2019
Trint Limited is a London-based company that offers an online platform designed for transforming audio and video content into searchable text. Founded in 2014 by Jeff Kofman and Mark Boas, Trint addresses the challenges of manual transcription by utilizing artificial intelligence to automate the transcription process. This enables users to efficiently convert audio and video files into accurate text, refine transcripts, add captions, and share excerpts of content seamlessly. The platform serves a diverse range of customers across various sectors, including journalism, media, video editing, academic research, and market research. By streamlining the transcription process, Trint empowers users to focus on content creation and enhances accessibility to information.

AssemblyAI

Convertible Note in 2019
AssemblyAI Inc. is a technology company based in San Francisco, California, established in 2017. It specializes in developing application programming interfaces (APIs) that facilitate the creation of customized chat interfaces and automate audio transcriptions. The company focuses on advancing speech AI technology by building highly accurate, user-friendly, and secure speech recognition models that can interpret and understand human speech. These models are utilized by thousands of users, including leading businesses and developers worldwide. AssemblyAI aims to democratize speech artificial intelligence, fostering innovation and expanding the potential applications of voice data across various industries. Its technology supports real-time transcription of streaming audio, allowing for the integration of industry-specific terminology and enhancing the development of voice-powered applications.

SpokenLayer

Series A in 2019
SpokenLayer is a full-service creative studio that specializes in custom, short-form digital audio content. The company transforms written stories into engaging audio narratives and produces, distributes, and monetizes voice experiences. By leveraging its expertise in audio creation, SpokenLayer helps advertisers and brands develop smart speaker applications, enhancing audience engagement in the digital audio landscape. The company's innovative approach caters to the growing demand for high-quality audio content, ensuring that clients effectively reach and connect with listeners.

Krisp

Seed Round in 2018
Krisp is a technology company that offers an AI-powered application designed to enhance remote communication by eliminating background noise and ensuring clear audio quality during calls and meetings. The app is compatible with all conferencing and recording platforms, allowing users to take calls from any location without concerns about privacy or environmental noise. Krisp's advanced technology not only cancels unwanted sounds but also recovers lost audio packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly beneficial for contact centers, telecommunications, and critical communications, enabling existing audio devices to deliver enhanced communication experiences.

Mycroft

Seed Round in 2018
Mycroft AI, Inc. is a developer of an open-source voice assistant platform that enables users to interact with their electronic devices through voice commands. Founded in 2016 and headquartered in Kansas City, Missouri, with additional offices in Palo Alto, California, and Lawrence, Kansas, Mycroft's software operates as an adaptable platform that can be customized and integrated into various devices, including refrigerators, computers, speakers, wearables, cars, and televisions. The company emphasizes a privacy-focused approach, utilizing artificial intelligence and natural language processing to enhance user experience while maintaining an open-source and open-hardware framework. This allows for extensive extension and personalization, catering to the diverse needs of users.

Myra Labs

Convertible Note in 2017
Myra Labs specializes in developing advanced conversational technology that leverages deep learning and natural language understanding. The company offers APIs designed to enhance applications such as Slack and Messenger bots as well as customer service platforms. By utilizing state-of-the-art machine learning models, Myra Labs enables businesses to create sophisticated conversational experiences that facilitate effective communication with customers. Its technology ensures virtual assistants can accurately comprehend human language by analyzing word relationships and syntax, thereby improving the overall quality of user interactions. Myra Labs is dedicated to empowering developers to build high-quality user experiences through its innovative solutions.

Mycroft

Convertible Note in 2017
Mycroft AI, Inc. is a developer of an open-source voice assistant platform that enables users to interact with their electronic devices through voice commands. Founded in 2016 and headquartered in Kansas City, Missouri, with additional offices in Palo Alto, California, and Lawrence, Kansas, Mycroft's software operates as an adaptable platform that can be customized and integrated into various devices, including refrigerators, computers, speakers, wearables, cars, and televisions. The company emphasizes a privacy-focused approach, utilizing artificial intelligence and natural language processing to enhance user experience while maintaining an open-source and open-hardware framework. This allows for extensive extension and personalization, catering to the diverse needs of users.

Tetra

Seed Round in 2017
Tetra uses AI to take notes on phone calls, to help you focus, remember the details, and keep your team in sync.

Myra Labs

Seed Round in 2016
Myra Labs specializes in developing advanced conversational technology that leverages deep learning and natural language understanding. The company offers APIs designed to enhance applications such as Slack and Messenger bots as well as customer service platforms. By utilizing state-of-the-art machine learning models, Myra Labs enables businesses to create sophisticated conversational experiences that facilitate effective communication with customers. Its technology ensures virtual assistants can accurately comprehend human language by analyzing word relationships and syntax, thereby improving the overall quality of user interactions. Myra Labs is dedicated to empowering developers to build high-quality user experiences through its innovative solutions.
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