WellSaid Labs will have a lot more to say in the years ahead, thanks to $10 million in new investment that’ll be used to beef up the Seattle startup’s efforts to put a widening chorus of AI-generated synthetic voices to work.
The Series A funding round — led by Fuse, an early-stage venture capital firm that counts Seattle Seahawks star linebacker Bobby Wagner among its partners — follows up on $2 million in seed funding that WellSaid raised in 2019 when it was spun out from Seattle’s Allen Institute for Artificial Intelligence.
One of the investors in that earlier seed round, Voyager Capital, contributed to the newly announced Series A funding. So did Qualcomm Ventures and Good Friends.
WellSaid CEO Matt Hocking said the new funding will go toward growing the text-to-speech startup, which currently has a dozen employees and plenty of customers.
