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Ava Analysis: $43M Raised

What is Ava?

Ava specializes in providing live captions and transcriptions for various settings, including videoconferencing and in-person meetings. Their unique approach combines AI technology with professional captioners to ensure high accuracy and accessibility. This service significantly enhances communication for Deaf and hard-of-hearing individuals, promoting inclusivity in diverse environments.
Employees
11-50
Founded
2014
Industry
AI/ML, EdTech, HealthTech

Product Features & Capabilities

  • AI Live Captions for over 20 languages
  • Scribe Captions with 99% accuracy
  • Scribe Transcripts for professional media
  • ASL Interpretation for instant sign language services
  • Ava Connect for seamless video conference integration.

Use Cases

Caption meetings and lectures for accessibility; Provide real-time transcriptions for healthcare visits; Facilitate communication in educational settings; Enhance inclusivity in retail environments; Support live events with accurate captioning.

How much Ava raised

Round - $42.6 million

Lead Investor: 18 investors

Other Considerations

Serves over 150,000 users and organizations; Offers ADA-compliant captioning solutions; Provides services for various sectors including education and healthcare.

Financial Overview

$43MTotal Raised
Round$42.6 million
Investors: 18 investors
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