Murf AI raises $10 Million in Series A round, led by Matrix Partners India

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MurfAI is a startup in synthetic speech technology that’s changing the way voiceovers are made. Matrix Partners India led the Series A round of funding.

Ajay Arora – SVP Product, Disney Streaming; Ankit Bhati – Founder Ola, Ashwini asokan – Founder Mad Street Den; Pushkar Mukewar Founder Drip Capital; Yamini Bhat – Founder Vymo

Murf intends to use these funds to further product innovation, accelerate R&D and expand its presence in targeted geographies.

“Synthetic media will soon be ubiquitous, and voice is its core. Murf continues to improve its speech technology in order to offer our customers the many talents of talented voice actors through AI. Ankur Edkie (Co-Founder and CEO of Murf AI) stated that this Series A investment would further strengthen our commitment to simplifying and scaling voiceovers.

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Voiceovers that are AI-driven and life-like, will be the next frontier in text-to-speech. With its unique IP and stellar founding team, Murf is well positioned to be a leader in this market. Their tech-first focus and execution prowess is evident in the solid growth and traction they have achieved so far. “We are excited to double down our partnership with Murf,” said Mukul Arora (Co-Managing Partner, Elevation Capital).

Murf is redefining a multi-billion-dollar market with their AI-voiceover technology. “We believe that AI will revolutionize every market. It’s hard to create voiceovers. Murf’s unique IP makes it easier for everyone to create theatrical and emotional voices faster, better, cheaper. “Murf has received a lot of international traction and customer love. We are excited to work with Ankur, Sneha and Divyanshu in their next phase.” said Pranay Dasai, Principal at Matrix India.

Murf was created by IIT-Kharagpur classmates Sneha Ray, Ankur Edkie and Divyanshu Pantdey in October 2020. The company offers an AI-enabled SaaS platform that allows users to create “human-like voiceovers” for presentations and videos. In May 2021, Elevation Capital led a seed funding round of $1.5 million for the company.

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