Fluent.ai Inc.

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Fluent.ai Inc. - overview

Established

2015

Location

Montreal, QC-Quebec, Canada

Primary Industry

Software

About

Fluent. ai Inc. is a technology company specializing in advanced voice recognition and natural language processing solutions, enhancing user interactions across various devices and industries. Founded in 2015, Fluent.


ai Inc. is based in Montreal, Canada. The company focuses on voice recognition technology and has successfully raised CAD 1. 8 million in a Seed round of funding on May 11, 2017, with investors including BDC Capital and DHVC.


The firm has completed 2 deals to date. Fluent. ai specializes in providing advanced voice recognition and natural language processing solutions designed to enhance user interaction across various devices. Their core product offerings include a proprietary speech recognition engine that facilitates voice-driven applications, enabling seamless communication between users and technology.


Their solutions cater to industries such as automotive, smart home devices, and telecommunications, addressing challenges related to voice command accuracy and contextual understanding. The company targets manufacturers of consumer electronics, automotive companies, and enterprises seeking to integrate voice technology into their products, with offerings available in North America and Europe. Fluent. ai generates revenue through a business-to-business model, primarily engaging with partners in the technology and automotive sectors.


The company employs a subscription-based pricing structure, enabling clients to access their speech recognition services and software development kits (SDKs) on a recurring basis. Clients enter into contractual agreements that specify the services utilized and the duration of the subscription, facilitating predictable revenue streams. Their offerings, including the speech recognition engine and technical support, are integral to various applications developed by partners, streamlining integration processes for enhanced product offerings. Fluent.


ai plans to utilize the recent CAD 1. 8 million in Seed financing raised in May 2017 to support the development of new products and expand into additional markets. The company is focused on enhancing its core technologies and is targeting growth in the automotive and smart device sectors within North America and Europe. The funding will enable Fluent.


ai to accelerate its product development and explore potential new partnerships, thereby increasing its market presence.


Current Investors

BDC Capital, DHVC, TandemLaunch

Primary Industry

Software

Sub Industries

Analytics & Performance Software

Website

www.fluent.ai

Verticals

Artificial Intelligence

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Fluent.ai Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
SeedCompletedFluent.ai Inc.-
SeedCompletedFluent.ai Inc.-

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