- Synthflow AI raises $7.4M in seed funding led by Singular and Atlantic Labs.
- Total funding now amounts to $9.1M following a previous $1.7M pre-seed round.
- Founded in 2023 by Hakob and Albert Astabatsyans and Sassun Mirzakhan-Saky.
- Offers a no-code platform for creating AI voice assistants aimed at small businesses.
- Platform supports tasks like appointment scheduling and real-time information sharing.
- Plans to enhance platform capabilities, expand tech team, and support non-English markets.
Main AI News:
Synthflow AI, a pioneer in AI voice technology, has announced a successful $7.4 million seed funding round led by Singular, with participation from existing investor Atlantic Labs and notable figures including the founders of Krisp AI. This latest investment follows a $1.7 million pre-seed funding round led by Atlantic Labs in August 2023, bringing the total funding to date to $9.1 million.
Founded in 2023 by serial entrepreneurs Hakob and Albert Astabatsyans, along with Sassun Mirzakhan-Saky, Synthflow AI aims to revolutionize customer interactions for small businesses. The company’s innovative no-code platform empowers business owners to effortlessly build and deploy AI voice assistants, eliminating the need for technical expertise.
Since emerging from stealth mode in December 2023, Synthflow AI has experienced rapid growth, serving nearly 1,000 customers and achieving double-digit month-on-month expansion. The platform enables businesses to create customizable voice assistants capable of scheduling appointments, providing real-time information, and delivering customer support.
“We are committed to delivering a human-like conversational experience through our in-house, best-in-class voice technology,” explained Hakob Astabatsyan, Co-Founder and CEO of Synthflow AI. “Our focus on enhancing the no-code capabilities of our platform ensures that businesses can easily integrate AI assistants into their operations, driving tangible ROI.”
The new funding will bolster Synthflow AI’s platform capabilities and fuel ongoing research and development initiatives. The company plans to expand its technical team to enhance its AI assistants’ capabilities, enabling them to handle more complex tasks and support multiple languages, including German and French.
Investor Eva Mayoud from Singular highlighted Synthflow AI’s impressive growth and agility, noting, “Hakob, Albert, and Sassun have demonstrated remarkable execution in scaling their technology and product offerings. Synthflow AI is reshaping how small businesses leverage conversational AI, delivering unprecedented efficiency gains and cost savings.”
With this latest funding round, Synthflow AI is poised to solidify its position as a leader in AI-driven customer interactions, driving innovation and value for businesses worldwide.
Conclusion:
Synthflow AI’s successful funding round underscores growing investor confidence in AI-powered customer interaction tools for small businesses. The substantial investment will likely accelerate technological advancements in AI voice technology, enabling Synthflow AI to further solidify its market position and expand its global footprint, particularly in multilingual markets like Germany and France. This development signifies a significant opportunity for small businesses to adopt advanced AI solutions, potentially reshaping how they engage with customers and streamline operational efficiencies.