Wispr Secures $280 Million Series B, Valued at $2 Billion

Key Points

• Wispr raised $280 million in a Series B round led by Menlo Ventures.
• The round values the company at $2 billion, bringing total funding to $361 million.
• Existing investors NEA, 8VC, and others participated alongside new backers such as Goodwater and Peak XV.
• Wispr introduced Canto, a new speech model targeting sub‑10 percent error rates.
• The company launched a meeting‑note taker that can summarize discussions and draft documents.
• Partnerships with hardware makers like the Oasis ring enable discreet dictation.
• Wispr Interface Labs, led by former Alexa engineer Ariya Rastrow, will explore new AI interfaces.
• International expansion includes Android rollout and teams in India and the U.K.