The company recently raised $4 million in a seed round led by Lux Capital, with participation from notable figures such as Replit co-founder Amjad Masad and Hugging Face co-founder Clem Delangue. Lux Capital's partner, Grace Isford, highlighted the appeal of Phonic's in-house model training approach and the founders' technological expertise. Phonic's innovative combination of diffusion and proprietary models in the voice AI sector has attracted attention, and prospective clients will soon be able to test the technology via Phonic's website.
Key takeaways:
- Phonic, founded by MIT grads Moin Nadeem and Nikhil Murthy, aims to improve synthetic voice reliability and reduce latency with an end-to-end voice stack.
- The company differentiates itself by training its models in-house, allowing for deeper integration and cost-efficient hosting.
- Phonic has raised $4 million in a seed round led by Lux, with participation from notable tech founders and investors.
- The company plans to launch its product broadly soon, with initial partnerships in the insurance and healthcare sectors.