Berlin-based AI startup Voize has successfully secured $9 million in a Seed funding round, led by HV Capital, with contributions from existing investors including Y Combinator, redalpine, and HPI Ventures.
The company has created a unique AI for speech recognition designed to streamline and expedite digital documentation processes, especially in the healthcare sector. This technology allows professionals to dictate their notes instead of spending time on tedious paperwork. Voize’s AI-driven speech recognition system enables caregivers to speak their notes into a smartphone, which then processes the speech, organizes the information, and automatically produces necessary documentation like patient reports, vital signs, and medication logs directly into the system.
The recent funding will allow Voize to extend its technology into hospitals and further enhance its AI for wider industrial use. The platform’s user-friendliness and flexibility have already led to its implementation in over 600 care facilities, where a study conducted in partnership with Berlin’s Charité University Hospital found that it reduces caregivers’ documentation time by an average of 39 minutes per shift.
“Documentation in healthcare is extremely time-consuming. Marcel and I saw this firsthand when our grandfather moved into a nursing home – that’s how the idea for voize was born,” said Fabio Schmidberger, co-founder and CEO. “Today, we deliver real value in healthcare. Tens of thousands of caregivers now simply dictate their documentation, reclaiming valuable time for care.”
“Voize combines all the elements for a true European technology champion: Meaningful impact with thousands of engaged care workers and patients, a sustainable business case for healthcare providers, proprietary technology and the potential to fight the blue-collar labor shortage in Europe,” said Felix Klühr, General Partner at HV Capital, who is excited about the company’s potential.
“We’re excited to expand our AI into hospitals and beyond, setting the new standard for digital documentation,” added Marcel Schmidberger, co-founder and COO of Voize.
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