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Transcense, Inc.

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Year established

2014

Location

San Francisco CA US

Primary Industry

Software

About

Based in California, US, and founded in 2014 by its CEO Thibault Duchemin, COO Pieter Doevendans, and CTO Skinner Cheng, Transcense, Inc., also known as Ava, operates as a speech-to-text artificial intelligence platform. In March 2022, Transcense, Inc. raised USD 10 million in series A funding led by returning investor Khosla Ventures with participation from other returning investors Initialized Capital and Lerer Hippeau Ventures. Ava’s product line includes Ava Closed Captions, a desktop and web application that allows users to view real-time closed captions; Ava App, which is a mobile application for iOS and Android users that captions video broadcasts, podcasts, and live chats; and Ava Scribe, an expert-caliber captioning service that integrates machine and human intelligence. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include pro and enterprise. The pro version costs USD 119 per month. The company plans to use the funds raised in March 2022 to further develop its technology and expand its product offerings to deaf and hard-of-hearing people in the workforce, at school, in hospitals, etc.
Current Investors
Khosla Ventures, Initialized Capital, Day One Ventures

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Primary Industry
Software
Sub Industries
Application Integration Software, Analytics & Performance Software
Website
www.ava.me
Verticals
Artificial Intelligence, Mobile Apps
Company Stage
Series A
Total Amount Raised
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