Vapi

Vapi

Private
San Francisco, CaliforniaAI, Data & Cloud Infrastructurehttps://vapi.ai

Last Round

Series B

May 12, 2026

Est. Valuation

$500M

Total Funding Raised

$70M

Momentum Score

25 /100

Company Overview

Vapi is a developer-focused platform designed to build, test, and deploy AI-powered voice agents. The company provides the infrastructure and a flexible API that enables engineering teams to create natural, human-like voice conversations for applications in customer service, healthcare, and sales, among other industries. Vapi's technology integrates transcription, large language models, and text-to-speech capabilities to deliver low-latency conversations across phone systems, websites, and mobile apps. Founded in 2023, the company aims to simplify the complexity of creating voice AI, allowing developers to launch agents in a fraction of the time it would traditionally take.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, Platform-as-a-Service, Cloud Communications, Customer Experience, Sales Enablement

Business Model

B2B

Customer Profile

Usage-Based SaaS, Freemium, Services & Consulting

AI Layer

Infrastructure

Keywords

voice AI platformconversational AI APIvoice AI agentsAI phone callslow-latency voice AIAI agent platformAI orchestrationtelephony APIvoice agent SDKhuman-like voice AIspeech-to-texttext-to-speechLLM integrationPaaSusage-based billingcall analytics

Historical Pricing

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Caplight Momentum Score

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Vapi Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Vapi Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series BMay 12, 2026
Series ADec 12, 2024

Key People

Founding team and executive leadership

Nikhil Gupta

Founder, CTO

Founding Team

Jordan D.

Founder, CEO

Founding Team

Frank Mastronuzzi

Acting Chief Financial Officer

Executive Team

Vapi Investors

Notable investors and investment history

InvestorRounds
AI GrantSeries A
Saga VenturesSeries A
Peak XV PartnersSeries B
M12 - Microsoft's Venture FundSeries B
Abstract VenturesSeries A
Y CombinatorSeries A, Series B
Bessemer Venture PartnersSeries B, Series A

Market signals

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  • May 12, 2026

    $50M round led by Peak XV Partners

  • Apr 1, 2026

    Working with enterprise customers with $240K+ ACV.

Vapi Filings

SEC and related filings with document metadata.

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Vapi Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersSan Francisco, California
Employee Range153
Year Founded2023
Last FundingMay 12, 2026

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