SoundHound AI Acquires Amelia for $80M
August 8, 2024
SoundHound AI has acquired enterprise conversational AI provider Amelia for $80 million in cash and equity, including assumption of debt and potential earnouts. The deal expands SoundHound's conversational and customer-service AI capabilities and accelerates vertical expansion into regulated industries (financial services, healthcare, retail), with combined revenue expected to exceed $150M in 2025.
- Buyers
- SoundHound AI, Inc.
- Targets
- Amelia
- Industry
- AI & Machine Learning
- Location
- New York, United States
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.