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Wispr Flow raises $30M from Menlo Ventures for its AI-powered dictation app
CEO Tanay Kothari noted that the startup will soon achieve profitability at the current rate of growth. Initially, he didn't want to raise money, but he worried that Big Tech players with a massive distribution advantage could be a risk to the company. He wanted to rapidly multiply the company's revenue and reach and decided to take the investment.
CEO Tanay Kothari noted that the startup will soon achieve profitability at the current rate of growth. Initially, he didn't want to raise money, but he worried that Big Tech players with a massive distribution advantage could be a risk to the company. He wanted to rapidly multiply the company's revenue and reach and decided to take the investment.
