202221 Sep

Murf Finds Its Voice As It Unveils A $10 Million Series A Round


The financing comes just 16 months after the companys $1.5 million seed funding round.So much content goes without audio, says Sneha Roy, who co-founded Murf just two years ago with two college friends Ankur Edkie and Divyanshu Pandey. Our aim is to make voiceovers accessible to anyone who is creating content.To do that, Murf has worked with professional voice actors, recording their spoken words in order to provide a training set of audio data for its proprietary artificial intelligence tools. And Murf is also working with many individual creators writers, podcasters and YouTubers, for example, all of whom are looking to create audio content but lack the confidence or capacity to do it for themselves.Independent research suggests the opportunity is enormous. Separately, the voiceover and dubbing market is predicted to generate $8 billion of annual sales by 2027.Synthetic media is poised to become omnipresent in the near future and voice is at the core of it, argues Edkie. In particular, the company is keen to increase the range of voices it has available for customers, providing a more diverse selection to choose from, and is also working on a number of new features and enhancements.The Series A round is led by Matrix Partners India, with participation from existing investor Elevation Capital, as well as a number of prominent angel investors.Were big believers that AI will reinvent every market and Murf is reinventing a multi-billion-dollar category with its AI-voiceover technology, says Pranay Desai, a principal at Matrix India.

Source: Forbes


Sep 21 2022