Image courtesy: krisp.ai
The pandemic has made the people stay at home and even work from home. But, various things can be worrisome for most people who work under their roof. For example, are the noises that might be caught while talking over the phone. Luckily, there has been a smart noise-canceling startup that has made every work from home set-up easy.
The startup called Krisp has made in the spotlight, attracting more users and customers amidst the pandemic. Since then, Krisp has accumulated $5 million Series A funding for the expansion and development of its growing market.
COVID-19 has benefited the company well, as per the CEO and co-founder of Krisp, Davit Baghdasaryan. “Early on our revenue was all pro, but in December, we started onboarding enterprises. COVID has really accelerated that plan,” Krip’s CEO explained.
He also added that in March, their largest customer has 2,000 employees only. However, since the pandemic, they have acquired bigger companies such as banks and call centers to use Krisp.
The company started from 2,000 sign-ups, then grew up to 40,000 sign-ups from a large call center company and more. The company has acquired 600 paying enterprises from 0 and $4 million from $0 annual revenue. It's a game-changer for Krisp indeed.
The significant changes in the company’s market made them visible from investors such as Storm Ventures, TechNexus, Hive Ventures, and Sierra Ventures.
It was in 2018 when the starting AI emerged from the Skydeck accelerator of UC Berkeley. Krisp incorporated smart AI trained to detect noises or sounds that are not human and eliminate them. The app can even remove the background noises during the speech that makes the speaking sound clearer.
The app can be utilized in most of the smartphones with AI acceleration units, but it also works mostly in any device. Krisp is free to download, but it can only use it every 15 minutes. However, they have also paid versions without time limits.
Krisp is also looking forward to more advanced features, such as being able to receive feedback with the way people speak. It will not just be branded as the noise-canceling app, but can also be a virtual assistant for the speaking performance.
Baghdasaryan compared it to Grammar.ly. However, for Krisp, it would be not correcting text, but fixing audio and video performances. “It’s going to be subtle about how it gives that feedback to you. When someone is speaking, they may not necessarily want to see that. But over time, we’ll analyze what you say, give you hints about vocabulary, how to improve your speaking abilities,” he added. Although that would be the company’s plans, Krips will be focusing on improving its noise-canceling feature for the time being.