SoundHound AI

Voice AI platform for conversational experiences

Santa Clara, California, United States

About SoundHound AI

SoundHound provides conversational intelligence solutions through its independent voice AI platform. This platform uses unique technologies called Speech-to-Meaning® and Deep Meaning Understanding® to facilitate fast and accurate voice interactions, allowing users to engage with products and services in a natural way. The company works with a wide range of clients, including well-known brands like Hyundai, Mercedes-Benz, and Netflix, by licensing its voice AI technology. This approach generates revenue through long-term contracts and usage-based fees. SoundHound stands out from competitors by focusing on delivering high-quality conversational experiences across various industries, including automotive and consumer electronics, where advanced voice AI capabilities are increasingly important.

Santa Clara, CaliforniaHeadquarters
2005Year Founded
$317.1MTotal Funding
IPOCompany Stage
Automotive & Transportation, AI & Machine LearningIndustries
201-500Employees

Benefits

Health Insurance
Paid Vacation
Paid Sick Leave
Hybrid Work Options
Company Equity
Performance Bonus

Risks

Competition from tech giants like Google and Amazon threatens SoundHound's market share.
Rapid AI advancements could render SoundHound's technologies obsolete without innovation.
Economic downturns may reduce business spending on AI technologies, affecting revenue.

Differentiation

SoundHound's Speech-to-Meaning technology ensures high-speed, accurate voice interactions.
Partnerships with brands like Hyundai and Mercedes-Benz enhance SoundHound's market credibility.
SoundHound's open developer platform allows for customizable AI voice solutions.

Upsides

Growing demand for voice AI in automotive boosts SoundHound's market potential.
Expansion into quick-service restaurants highlights new revenue streams for SoundHound.
Recognition in healthcare AI suggests opportunities in the healthcare sector.