Vapi, a San Francisco, CA-based voice AI startup, has raised $50 million in Series B funding, bringing its total funding to $72 million.
Investors
The round was led by Peak XV, with participation from M12, Microsoft’s Venture Fund, Kleiner Perkins, Bessemer Venture Partners, and existing investors.
Peak XV Partners is a venture capital firm focused on investing in startups across India and Southeast Asia. Manages over $10 billion across 16 funds, the firm invests across all stages, from early-stage to late-stage companies. It supports startups in sectors including fintech, SaaS, consumer internet, healthcare, and AI.
Vapi Use of Funds
The company will use the funding to strengthen platform reliability, governance, scalability, and enterprise-grade voice AI capabilities as global adoption continues to grow.
About Vapi
Vapi is an enterprise voice AI platform for building, deploying, and managing voice agents that deliver business outcomes at enterprise scale. Its platform enables companies to automate customer service, outbound calling, collections, candidate screening, IVR navigation, and other high-volume voice workflows with low latency and scalable infrastructure. Headquartered in San Francisco, California, Vapi serves customers including Amazon Ring, New York Life, Intuit, and ServiceTitan.
Funding Details
Company: Vapi, Inc.
Raised: $50.0M
Round: Series B
Funding Date: May 2026
Lead Investor: Peak XV
Additional Investors: M12, Microsoft’s Venture Fund, Kleiner Perkins, Bessemer Venture Partners
Company Website: https://vapi.ai/
Software Category: Voice AI / Conversational AI Platform
Source: https://www.globenewswire.com/news-release/2026/05/12/3292882/0/en/vapi-raises-50m-series-b-as-it-reaches-1-billion-calls-powering-the-next-generation-of-enterprise-voice-ai.html