Voiceitt Raises $10 Million to Advance Its Assistive Technologies
Voiceitt, a provider of commercial speech recognition technology, raised $10 million in funding from investors like Viking Maccabee Ventures, Microsoft's M12, AMIT Technion, Cahn Capital, Connecticut Innovations, AARP, Quake Capital, SLJ Family Office, Dreamit Ventures, and The Disability Opportunity Fund, bringing the total amount of funds raised to more than $15 million.
Voiceitt's application translates unintelligible and atypical speech in real time, enabling people with severe speech impairments to communicate by voice.
"Voiceitt provides a new dimension of independence and quality of life for people with speech and motor disabilities and a compelling tool for those who care for and about them. Our technology helps with this and much more," said Danny Weissberg, CEO and co-founder of Voiceitt, in a statement. "With the impact of the COVID-19 pandemic, our objectives are not only to support the individual's in-person communication, but also to assist healthcare professionals and support the continuum of care for their patients."
"As we continue our growth, we are committed to our mission of making speech accessible to all. Our long-term vision is to integrate Voiceitt's customizable speech recognition with mainstream voice technologies to enable environmental control through a universally accessible voice system," said Sara Smolley, Voiceitt's executive vice president and co-founder, in a statement. "Voiceitt's versatile technology can be applied in a range of voice-enabled applications in diverse contexts and environments."
One of Voiceitt's most significant partners is the Department of Intellectual & Developmental Disabilities (DIDD) of Tennessee, which, along with The Arc of Tennessee, participated in a pilot of Voiceitt's technology.
"Our work with Voiceitt is already yielding impactful results for people with intellectual disabilities supported within the DIDD Waiver programs. It's our hope to expand use of this innovative product to provide more opportunities for people to use this technology as a bridge for communication with their loved ones, friends, colleagues, and community members," said Brad Turner, DIDD's commissioner, in a statement.