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

Tessa Flippin

Director, Venture

Past deals in Speech Recognition

Trint

Venture Round in 2022
Trint Limited operates an online platform that specializes in converting audio and video content into searchable text. Founded in 2014 and based in London, the company provides users with tools to edit and enhance transcripts quickly, add captions to videos, and share snippets of audio and video online. Trint's services cater to a diverse range of industries, including journalism, media, video editing, academic research, and market research. By utilizing artificial intelligence, the platform streamlines the transcription process, allowing users to easily locate key moments within their content. The founders, Jeff Kofman and Mark Boas, recognized the challenges of manual transcription and developed Trint to address these inefficiencies, ultimately enhancing content creation for both individuals and organizations.

AssemblyAI

Series A in 2022
AssemblyAI Inc. is a company based in San Francisco, California, that specializes in developing advanced speech recognition technology. Founded in 2017, its primary focus is on creating application programming interfaces (APIs) that allow developers to build customized chat interfaces and voice-powered applications. The company's AI-driven system automates audio transcription, offering real-time processing that can accommodate industry-specific terminology. AssemblyAI's technology aims to enhance the accuracy and usability of speech recognition, making it accessible for a wide range of users, including businesses and developers worldwide. By advancing speech artificial intelligence, AssemblyAI seeks to unlock new possibilities for voice data applications across various sectors, ultimately striving to democratize and innovate the capabilities of speech technology.

Respeecher

Venture Round in 2021
Respeecher, Inc., founded in 2017 and based in Seattle, Washington, operates an artificial intelligence-based voice cloning platform that allows users to speak in the voice of another person. This technology enables the dubbing of movies and television shows while preserving the original voice, as well as creating audiobooks narrated in the author’s voice. Respeecher's platform facilitates innovative content creation in various entertainment sectors and provides solutions for call centers, allowing a single voice to engage with different customers. Additionally, it offers support for individuals with speech challenges. Through its AI-driven approach, Respeecher aims to redefine how voices can be utilized across multiple applications.

Soundskrit

Venture Round in 2021
Soundskrit is fundamentally changing the way sound is measured to bring the next generation of audio applications. The many emerging voice applications and interfaces have driven a need to capture sound from farther distances while remaining robust to noise. Because traditional pressure based microphones pick up sound coming from every direction, arrays of multiple microphones are needed to listen to a specific direction and ignore surrounding noise. This comes at a cost of increased size and decreased audio quality. Our bio-inspired, directional microphone directly measures the velocity of incoming sound rather than pressure. With a single microphone, we can separate sounds coming from multiple directions without compromising on size or quality. Soundskrit will greatly improve speech recognition and sound localization, enabling a new suite of features to consumer electronics.

Symbl.ai

Series A in 2021
Symbl.ai is an early-stage startup based in Seattle, Washington, focused on providing conversational intelligence solutions for developers. Founded in 2018, the company has created a platform that leverages machine learning to analyze voice and text conversations in real time. By simplifying the process of building and maintaining conversational understanding systems, Symbl.ai allows developers to concentrate on creating engaging and productive user experiences. The platform offers proprietary algorithms that extract actionable insights and outcomes from human-to-human discussions without requiring extensive training or custom classifiers, enabling clients to implement conversational intelligence at scale effectively.

Mycroft

Venture Round in 2021
Mycroft is a developer of an open source voice assistant platform designed to handle operating systems. The company's open source voice assistant platform is an artificial intelligence based software that offers natural language processing capability paired with an open-source and open-hardware approach, enabling users to handle their electronic items through voice.

Krisp

Series A in 2021
Krisp develops an AI-powered application that enhances audio quality for remote workers by eliminating background noise and improving voice clarity during calls. The app integrates seamlessly with various conferencing and recording platforms and is compatible with all types of headsets and microphones, including built-in, Bluetooth, and USB devices. Krisp's technology not only cancels unwanted noise but also recovers lost sound packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly useful for contact centers, telecommunications, and critical communication scenarios, ensuring clear and professional audio in a variety of settings.

AssemblyAI

Venture Round in 2020
AssemblyAI Inc. is a company based in San Francisco, California, that specializes in developing advanced speech recognition technology. Founded in 2017, its primary focus is on creating application programming interfaces (APIs) that allow developers to build customized chat interfaces and voice-powered applications. The company's AI-driven system automates audio transcription, offering real-time processing that can accommodate industry-specific terminology. AssemblyAI's technology aims to enhance the accuracy and usability of speech recognition, making it accessible for a wide range of users, including businesses and developers worldwide. By advancing speech artificial intelligence, AssemblyAI seeks to unlock new possibilities for voice data applications across various sectors, ultimately striving to democratize and innovate the capabilities of speech technology.

Symbl.ai

Venture Round in 2020
Symbl.ai is an early-stage startup based in Seattle, Washington, focused on providing conversational intelligence solutions for developers. Founded in 2018, the company has created a platform that leverages machine learning to analyze voice and text conversations in real time. By simplifying the process of building and maintaining conversational understanding systems, Symbl.ai allows developers to concentrate on creating engaging and productive user experiences. The platform offers proprietary algorithms that extract actionable insights and outcomes from human-to-human discussions without requiring extensive training or custom classifiers, enabling clients to implement conversational intelligence at scale effectively.

Krisp

Series A in 2020
Krisp develops an AI-powered application that enhances audio quality for remote workers by eliminating background noise and improving voice clarity during calls. The app integrates seamlessly with various conferencing and recording platforms and is compatible with all types of headsets and microphones, including built-in, Bluetooth, and USB devices. Krisp's technology not only cancels unwanted noise but also recovers lost sound packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly useful for contact centers, telecommunications, and critical communication scenarios, ensuring clear and professional audio in a variety of settings.

Soundskrit

Seed Round in 2019
Soundskrit is fundamentally changing the way sound is measured to bring the next generation of audio applications. The many emerging voice applications and interfaces have driven a need to capture sound from farther distances while remaining robust to noise. Because traditional pressure based microphones pick up sound coming from every direction, arrays of multiple microphones are needed to listen to a specific direction and ignore surrounding noise. This comes at a cost of increased size and decreased audio quality. Our bio-inspired, directional microphone directly measures the velocity of incoming sound rather than pressure. With a single microphone, we can separate sounds coming from multiple directions without compromising on size or quality. Soundskrit will greatly improve speech recognition and sound localization, enabling a new suite of features to consumer electronics.

Krisp

Convertible Note in 2019
Krisp develops an AI-powered application that enhances audio quality for remote workers by eliminating background noise and improving voice clarity during calls. The app integrates seamlessly with various conferencing and recording platforms and is compatible with all types of headsets and microphones, including built-in, Bluetooth, and USB devices. Krisp's technology not only cancels unwanted noise but also recovers lost sound packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly useful for contact centers, telecommunications, and critical communication scenarios, ensuring clear and professional audio in a variety of settings.

Soundskrit

Seed Round in 2019
Soundskrit is fundamentally changing the way sound is measured to bring the next generation of audio applications. The many emerging voice applications and interfaces have driven a need to capture sound from farther distances while remaining robust to noise. Because traditional pressure based microphones pick up sound coming from every direction, arrays of multiple microphones are needed to listen to a specific direction and ignore surrounding noise. This comes at a cost of increased size and decreased audio quality. Our bio-inspired, directional microphone directly measures the velocity of incoming sound rather than pressure. With a single microphone, we can separate sounds coming from multiple directions without compromising on size or quality. Soundskrit will greatly improve speech recognition and sound localization, enabling a new suite of features to consumer electronics.

Trint

Series A in 2019
Trint Limited operates an online platform that specializes in converting audio and video content into searchable text. Founded in 2014 and based in London, the company provides users with tools to edit and enhance transcripts quickly, add captions to videos, and share snippets of audio and video online. Trint's services cater to a diverse range of industries, including journalism, media, video editing, academic research, and market research. By utilizing artificial intelligence, the platform streamlines the transcription process, allowing users to easily locate key moments within their content. The founders, Jeff Kofman and Mark Boas, recognized the challenges of manual transcription and developed Trint to address these inefficiencies, ultimately enhancing content creation for both individuals and organizations.

AssemblyAI

Convertible Note in 2019
AssemblyAI Inc. is a company based in San Francisco, California, that specializes in developing advanced speech recognition technology. Founded in 2017, its primary focus is on creating application programming interfaces (APIs) that allow developers to build customized chat interfaces and voice-powered applications. The company's AI-driven system automates audio transcription, offering real-time processing that can accommodate industry-specific terminology. AssemblyAI's technology aims to enhance the accuracy and usability of speech recognition, making it accessible for a wide range of users, including businesses and developers worldwide. By advancing speech artificial intelligence, AssemblyAI seeks to unlock new possibilities for voice data applications across various sectors, ultimately striving to democratize and innovate the capabilities of speech technology.

SpokenLayer

Series A in 2019
SpokenLayer is a full-service creative studio that specializes in producing custom, short-form digital audio content. The company transforms written stories into engaging audio narratives and provides services for producing, distributing, and monetizing voice experiences. By understanding how modern listeners interact with digital audio, SpokenLayer helps advertisers and brands to effectively engage audiences through smart speakers and other platforms. Their expertise in creating compelling audio content has proven beneficial for various clients seeking to establish a presence in the audio medium.

Krisp

Seed Round in 2018
Krisp develops an AI-powered application that enhances audio quality for remote workers by eliminating background noise and improving voice clarity during calls. The app integrates seamlessly with various conferencing and recording platforms and is compatible with all types of headsets and microphones, including built-in, Bluetooth, and USB devices. Krisp's technology not only cancels unwanted noise but also recovers lost sound packets during network transfers, transforming low-bitrate audio into high-definition quality. This makes it particularly useful for contact centers, telecommunications, and critical communication scenarios, ensuring clear and professional audio in a variety of settings.

Mycroft

Seed Round in 2018
Mycroft is a developer of an open source voice assistant platform designed to handle operating systems. The company's open source voice assistant platform is an artificial intelligence based software that offers natural language processing capability paired with an open-source and open-hardware approach, enabling users to handle their electronic items through voice.

Myra Labs

Convertible Note in 2017
Myra Labs specializes in developing advanced conversational technology that utilizes deep learning to enhance customer interactions. The company provides APIs that power various applications, including Slack and Messenger bots, and customer service solutions, enabling sophisticated natural language understanding. Myra Labs aims to create a conversational experience platform that allows developers to build high-quality user experiences. By leveraging conversational AI, its technology effectively interprets word relationships and syntax, improving virtual assistants' language accuracy and enabling businesses to communicate with customers more efficiently.

Mycroft

Convertible Note in 2017
Mycroft is a developer of an open source voice assistant platform designed to handle operating systems. The company's open source voice assistant platform is an artificial intelligence based software that offers natural language processing capability paired with an open-source and open-hardware approach, enabling users to handle their electronic items through voice.

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 utilizes deep learning to enhance customer interactions. The company provides APIs that power various applications, including Slack and Messenger bots, and customer service solutions, enabling sophisticated natural language understanding. Myra Labs aims to create a conversational experience platform that allows developers to build high-quality user experiences. By leveraging conversational AI, its technology effectively interprets word relationships and syntax, improving virtual assistants' language accuracy and enabling businesses to communicate with customers more efficiently.
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