Vapi

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Generative AI Infrastructure?
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Model development and training
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Vapi is an API platform that enables developers to create natural-sounding, voice-based AI assistants, having evolved from Superpowered, an AI-powered notetaker for meetings. The company's platform allows developers to build, test, and deploy AI voice agents for various applications, including customer support, order processing, employee training, and education.

Vapi's technology combines transcription, language models, and text-to-speech capabilities to deliver human-like conversations with low latency. The platform supports integration with multiple LLM providers, such as OpenAI and Anthropic, and offers customizable options for transcribers and voice synthesis. 

As of November 2023, Vapi's infrastructure could handle thousands of simultaneous calls, with latency ranging from 1.2 to two seconds. The company aimed to reduce this to under one second, bringing it closer to natural conversation speeds. Its technology is designed to work across various platforms, including phone systems, websites, and mobile apps.

In December 2024, the company disclosed that it generated “millions of dollars” of revenue within its first six months.

Key customers and partnerships

Notable enterprises which used Vapi included Y-Combinator, Deepgram, and Speaksage. In November 2023, Vapi partnered with Daily to leverage their global WebRTC infrastructure to deliver low-latency, customizable, and reliable real-time conversations with AI. 

HQ location:
San Francisco CA USA
Founded year:
2020
Employees:
1-10
IPO status:
Private
Total funding:
USD 20.1 mn
Last Funding:
USD 20.0 mn (Series A; Dec 2024)
Last valuation:
USD 130.0 mn (Dec 2024)
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