Clearspeed, a voice risk assessment startup, secures $60 million in funding to expand its AI-driven platform analyzing vocal patterns for risk indicators.
The platform identifies risk in various industries by analyzing vocal characteristics like tone and stress, offering risk assessment in over 60 languages without relying on semantic content.
Clearspeed's technology is adopted beyond government and military agencies, aiding insurers and financial services to streamline low-risk interactions, halve claims handling time, and curb fraud significantly.
The Series D funding, totaling $110 million for Clearspeed, was led by Align Private Capital among other investors, with the goal of enhancing risk assessment capabilities across different sectors.