All the funding deals in the conversational AI market
Last updated: 31 August 2026
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The conversational AI market is attracting strong investment across voice agents, customer service, workplace assistants, healthcare, sales, and conversational infrastructure.
We conducted deep research and collected 89 conversational AI funding deals announced between Q1 2024 and Q2 2026.
We refresh this page very often to add new conversational AI funding deals and improve the information already included.
And if you want to better understand this new industry, you should get our beautiful slides covering the conversational AI market.
Insights
- The 89 conversational AI funding deals in this list represent more than $5.3 billion in disclosed funding between Q1 2024 and Q2 2026.
- Conversational AI companies raised about $1.6 billion in 2024, followed by about $1.9 billion in 2025. The listed 2026 deals had already reached about $1.8 billion by the end of Q2.
- ElevenLabs, Parloa, Decagon, Sierra, and Wonderful each raised several large rounds. These repeated investments show that investors continue to support leading conversational AI platforms as the market matures.
- Voice AI represents a large share of conversational AI funding. Investors funded speech models, phone agents, voice infrastructure, testing platforms, and tools for building reliable voice applications.
- Customer service remains one of the strongest uses of conversational AI. Sierra, Decagon, Parloa, PolyAI, Cognigy, Lorikeet, and Wonderful all raised funding for customer-facing AI agents.
- Healthcare conversational AI became more visible in 2025. Assort Health, ExaCare AI, Hello Patient, Vocca, and EliseAI raised funding for patient access, scheduling, admissions, and communication workflows.
- Conversational AI testing is becoming a separate software category. Hamming AI, Cekura, Coval, and similar platforms help companies test and monitor voice and chat agents before and after deployment.
- The conversational AI market is expanding beyond customer support. Funded companies now serve recruiting, education, financial advice, real estate, automotive dealerships, market research, sales, and logistics.
- Several conversational AI companies raised new rounds within two years. Fast follow-on funding suggests that investors are rewarding companies that can move from early products to large enterprise deployments.
- The largest conversational AI funding rounds are increasingly concentrated among established platforms. ElevenLabs raised $500 million, while Sierra and Parloa each announced rounds of at least $350 million.
This chart, included in our conversational AI market deck, shows annual VC investment in conversational AI startups
Summary table of the funding deals for the conversational AI market since 2024
We define the conversational AI market as the products that enable or deliver AI assistants whose primary interface is natural-language conversation (text or voice) for end users in consumer or enterprise settings.
We include assistant platforms and components (dialog/orchestration, speech, retrieval/knowledge connectors, guardrails, analytics) as well as packaged assistant solutions sold by subscription or usage tied to conversations or outcomes.
We exclude general-purpose LLM APIs and broader software suites (e.g., CRM/CCaaS/helpdesk) where conversational AI is only a minor feature, along with pure communications plumbing and standalone professional services.
We focused exclusively on pure players, defined as companies with at least 70–80% of their business directly tied to the conversational AI market.
Our analysis has been done at a global level with a minimum funding threshold of $300k.
You can also read our detailed analysis to understand how funding activity in the conversational AI market has evolved recently.
If you want a longer-term view, we also have a study of how funding activity in the conversational AI market has changed over the years.
Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the conversational AI market.
| Name | What they do | Amount in $ | Quarter | Source(s) |
|---|---|---|---|---|
| Coval | Tests, evaluates, and monitors voice and chat AI agents. | $28.0M | Q2 2026 | Source |
| Bland | Builds voice AI agents for phone, text, and chat conversations. | $50.0M | Q2 2026 | Source |
| Town | Provides a personal AI assistant across workplace and communication tools. | $55.0M | Q2 2026 | Source |
| AethexAI | Builds voice AI infrastructure for Africa and the Middle East. | $3.0M | Q2 2026 | Source |
| Vapi | Helps developers build and deploy enterprise voice AI agents. | $50.0M | Q2 2026 | Source |
| Astor | Provides conversational investment guidance linked to brokerage accounts. | $5.0M | Q2 2026 | Source |
| Phonely | Provides AI receptionists and voice agents for business calls. | $16.0M | Q2 2026 | Source |
| Miravoice | Conducts voice interviews and phone surveys using conversational AI. | $6.3M | Q2 2026 | Source |
| Gnani.ai | Automates high-volume business conversations with enterprise voice AI. | $10.0M | Q1 2026 | Source |
| Sycamore | Provides an operating system for deploying autonomous enterprise AI agents. | $65.0M | Q1 2026 | Source |
| Notch | Builds auditable AI agents for regulated business workflows. | $30.0M | Q1 2026 | Source |
| VerbaFlo | Automates property leasing and resident communication with conversational AI. | $7.0M | Q1 2026 | Source |
| Wonderful | Provides multilingual enterprise AI agents for support and operations. | $150.0M | Q1 2026 | Source |
| WINN.AI | Guides sales representatives during live customer conversations. | $18.0M | Q1 2026 | Source |
| Simple AI | Automates sales and support calls for consumer brands. | $14.0M | Q1 2026 | Source |
| Newo.ai | Provides always-available voice and text agents for small businesses. | $25.0M | Q1 2026 | Source |
| ElevenLabs | Develops voice, audio, and conversational AI products. | $500.0M | Q1 2026 | Source |
| Linq | Places AI assistants inside text messaging channels. | $20.0M | Q1 2026 | Source |
| Decagon | Provides customer-service AI agents across voice and digital channels. | $250.0M | Q1 2026 | Source |
| Mia Labs | Automates dealership sales and service conversations. | $20.0M | Q1 2026 | Source |
| Ringg AI | Provides multilingual voice AI for support, sales, and logistics. | $5.5M | Q1 2026 | Source |
| Bolna | Builds multilingual voice AI agents for Indian enterprises. | $6.3M | Q1 2026 | Source |
| Parloa | Provides enterprise AI agents for customer conversations. | $350.0M | Q1 2026 | Source |
| VoiceRun | Helps enterprises create and monitor voice AI agents. | $5.5M | Q1 2026 | Source |
| Deepgram | Provides speech and voice-agent APIs for developers and enterprises. | $130.0M | Q1 2026 | Source |
| Arrowhead | Builds voice AI sales agents for financial-services companies. | $3.0M | Q1 2026 | Source |
| PolyAI | Provides enterprise voice assistants for customer calls and transactions. | $86.0M | Q4 2025 | Source |
| GetVocal | Provides conversational AI agents for enterprise customer support. | $26.0M | Q4 2025 | Source |
| Vida | Provides an operating system for enterprise phone agents. | $4.0M | Q4 2025 | Source |
| Beside | Automates calls, texts, bookings, and follow-ups for small businesses. | $32.0M | Q4 2025 | Source |
| Sesame | Develops voice-powered AI companions and smart-glasses interfaces. | $250.0M | Q4 2025 | Source |
| ExaCare AI | Automates admissions and operations for post-acute care providers. | $30.0M | Q4 2025 | Source |
| SLNG.ai | Builds multilingual speech infrastructure for global voice AI systems. | $3.8M | Q4 2025 | Source |
| Wonderful | Provides customer-service AI agents across voice, chat, and email. | $100.0M | Q4 2025 | Source |
| Assort Health | Automates patient access, scheduling, insurance, and healthcare inquiries. | $76.0M | Q3 2025 | Source |
| Alex | Conducts automated job interviews and candidate screening conversations. | $17.0M | Q3 2025 | Source |
| Vocca | Automates healthcare calls, appointments, reminders, and patient requests. | $5.5M | Q3 2025 | Source |
| DRUID AI | Provides enterprise conversational AI agents for business workflows. | $31.0M | Q3 2025 | Source |
| Keplar | Conducts conversational customer interviews and analyzes the results. | $3.4M | Q3 2025 | Source |
| Hello Patient | Automates patient communication, scheduling, triage, and healthcare workflows. | $22.5M | Q3 2025 | Source |
| Sierra | Provides enterprise AI agents for customer service. | $350.0M | Q3 2025 | Source |
| EliseAI | Automates conversations and workflows in healthcare and housing. | $250.0M | Q3 2025 | Source |
| Lorikeet | Provides AI customer concierges that solve complex service requests. | $35.0M | Q3 2025 | Source |
| Julius AI | Lets users analyze data and create visualizations through conversation. | $10.0M | Q3 2025 | Source |
| Wittify.ai | Provides Arabic voice, chat, and omnichannel AI assistants. | $1.5M | Q3 2025 | Source |
| Cekura | Tests and monitors voice and chat AI agents. | $2.4M | Q3 2025 | Source |
| Synthflow AI | Provides no-code voice AI agents for automated phone calls. | $20.0M | Q2 2025 | Source |
| Decagon | Provides conversational AI agents for customer service. | $131.0M | Q2 2025 | Source |
| Siro | Analyzes in-person sales conversations and coaches sales teams. | $50.0M | Q2 2025 | Source |
| Ringg AI | Provides a no-code platform for voice-first AI agents. | $1.0M | Q2 2025 | Source |
| Parloa | Provides AI agents for enterprise customer service. | $120.0M | Q2 2025 | Source |
| Solda.AI | Uses AI voice agents to conduct and close phone sales. | $4.0M | Q2 2025 | Source |
| telli | Automates customer acquisition, booking, and high-volume calls. | $3.5M | Q2 2025 | Source |
| Cartesia | Develops low-latency voice models for conversational applications. | $64.0M | Q1 2025 | Source |
| ElevenLabs | Develops speech, dubbing, and conversational voice AI products. | $180.0M | Q1 2025 | Source |
| Maki | Automates candidate screening and recruiting conversations. | $28.6M | Q1 2025 | Source |
| Hamming AI | Tests, monitors, and governs AI voice agents. | $3.8M | Q4 2024 | Source |
| Cartesia | Develops real-time AI models for voice and interactive applications. | $22.0M | Q4 2024 | Source |
| Vapi | Helps developers build, test, and deploy voice AI agents. | $20.0M | Q4 2024 | Source |
| eSelf | Provides face-to-face conversational AI agents for businesses. | $4.5M | Q4 2024 | Source |
| HappyRobot | Provides AI voice workers for logistics calls and workflows. | $15.6M | Q4 2024 | Source |
| PlayAI | Develops voice AI for conversations, agents, and voice interfaces. | $21.0M | Q4 2024 | Source |
| Sierra | Builds custom AI agents for enterprise customer service. | $175.0M | Q4 2024 | Source |
| Decagon | Provides AI customer-support agents for enterprises. | $65.0M | Q4 2024 | Source |
| 11x | Provides AI sales workers for go-to-market teams. | $50.0M | Q3 2024 | Source |
| Glean | Provides an enterprise AI assistant connected to company knowledge. | $260.0M | Q3 2024 | Source |
| You.com | Provides AI assistants for knowledge workers and enterprise teams. | $50.0M | Q3 2024 | Source |
| Bland AI | Provides realistic AI phone agents for enterprise calls. | $16.0M | Q3 2024 | Source |
| Ema | Provides role-specific AI employees for enterprise workflows. | $36.0M | Q3 2024 | Source |
| Dust | Provides enterprise AI assistants connected to internal data and tools. | $16.0M | Q2 2024 | Source |
| Synthflow AI | Provides no-code voice AI assistants for automated phone calls. | $7.4M | Q2 2024 | Source |
| Speak | Provides an AI language tutor focused on spoken fluency. | $20.0M | Q2 2024 | Source |
| Decagon | Provides human-like AI agents for customer-support workflows. | $35.0M | Q2 2024 | Source |
| Cognigy | Provides conversational AI automation for enterprise service teams. | $100.0M | Q2 2024 | Source |
| LiveKit | Provides real-time voice and video infrastructure for AI agents. | $22.5M | Q2 2024 | Source |
| Maven AGI | Provides enterprise AI agents for customer-support inquiries. | $20.0M | Q2 2024 | Source |
| Praktika | Provides AI avatar tutors for personalized language practice. | $32.3M | Q2 2024 | Source |
| PolyAI | Provides enterprise voice assistants for customer-service contact centers. | $50.0M | Q2 2024 | Source |
| Parloa | Automates customer-service conversations for enterprise contact centers. | $66.0M | Q2 2024 | Source |
| Hume AI | Develops emotion-aware conversational voice AI interfaces. | $50.0M | Q1 2024 | Source |
| Ema | Provides AI employees that complete workplace tasks. | $25.0M | Q1 2024 | Source |
| Sierra | Provides conversational AI agents for enterprise customer service. | $110.0M | Q1 2024 | Source |
| NLX | Helps enterprises build voice and chat customer applications. | $12.0M | Q1 2024 | Source |
| Myko AI | Lets sales teams query business data through conversation. | $2.7M | Q1 2024 | Source |
| Loora | Provides a conversational AI tutor for spoken English. | $12.0M | Q1 2024 | Source |
| Rasa | Helps developers build enterprise conversational AI assistants. | $30.0M | Q1 2024 | Source |
| Kore.ai | Provides conversational AI for customer and employee experiences. | $150.0M | Q1 2024 | Source |
| ElevenLabs | Develops synthetic speech, dubbing, and voice AI products. | $80.0M | Q1 2024 | Source |
| Peerlogic | Analyzes dental practice calls and identifies missed revenue opportunities. | $5.65M | Q1 2024 | Source |
This market map, featured in our conversational AI market deck, highlights top companies and startups in the conversational AI market
Related blog posts
- The evolution of funding activity in conversational AI
- Which companies are the most valued in conversational AI?
- What are the latest funding developments in conversational AI?
