Sanas Raises $32M in Series A Funding

sanas ai

Sanas, a Palo Alto, CA-based accent translation technology company, raised $32M in Series A funding.

The round was led by Insight Partners with participation from GV, Assurant Ventures, Gokul Rajaram, Human Capital, General Catalyst, Quiet Capital and DN Capital. As part of the round, Ganesh Bell, managing director of Insight Partners will join the board. Also joining the board is Ram Gupta, who has experience working with teams that have created market capitalization of over $15B, including participating in three IPOs and nine acquisitions. He has held board positions across many forward-thinking technology companies including Postman Inc., Nexus Venture Partners, ThinkGeek and Neeyamo, and has worked for massive global names such as IBM and WebMD.

The company intends to use the funds to accelerate growth, expand operations to further R&D efforts, and its business reach, opening an Indian headquarters.

Led by CEO Maxim Serebryakov, Sanas was established by three Stanford students coming out of the renowned Stanford Artificial Intelligence Lab (SAIL) with the aim of increasing individual choice when it comes to the form people speak a native or foreign language powered by real-time accent translation.

The accent translation technology allows for deeper personal choice when it comes to people’s voices, can help increase foreign language fluency and addresses communication challenges between global teams and customers. It allows people to choose the accent they want to use in real time and preserve the speaker’s authenticity. The local-run software also allows for 800+ communication app capability and enterprise-grade data security.

Alorica, one of the largest BPOs in the world, has announced a strategic partnership with Sanas to take the technology to their 100,000 employees and 250 enterprise customers across the globe.

The team also includes Sharath Keshava Narayana, COO, Marty (Massih) Sarim, president, Pavan Karnam, vice president of data and analytics, and Dr. BalaKrishna Kolluru, vice president of engineering.

FinSMEs

23/06/2022