Vapi

Summary active Updated May 13, 2026

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Location San Francisco, CA
Founded 2023
Latest Stage Series B
Total Raised $72M

Investors

Byron Deeter Series A (led, $20M) (2024)
Kleiner Perkins series-b (2026)
Bessemer Venture Partners series-b (2026)

Founders

Jordan Dearsley Co-Founder & CEO
Nikhil Gupta Co-Founder

About

Vapi is a San Francisco-based developer platform providing API-native infrastructure for enterprise voice AI — letting companies build, deploy, and manage voice agents for customer support, lead qualification, scheduling, and outbound sales 12. Co-founders Jordan Dearsley and Nikhil Gupta, who met at the University of Waterloo and previously built a Y Combinator-backed calendar product, launched Vapi publicly on Product Hunt in March 2024 1. On May 12, 2026, Vapi announced a $50M Series B led by Peak XV with participation from M12 (Microsoft’s Venture Fund), Kleiner Perkins, and Bessemer Venture Partners, bringing total funding to $72M at a ~$500M post-money valuation; the company said voice agents on its platform have handled more than one billion calls, with over one million developers and 2.7 million unique agents built on Vapi to date 12. Named enterprise customers include Amazon Ring, Kavak, Instawork, New York Life, UnityAI, Cherry, and Intuit 1.

Funding History

Date Round Amount Lead Co-investors
2026-05-12 Series B $50M Peak XV M12, Kleiner Perkins, Bessemer Venture Partners 12

What Investors Say

No independently sourced investor quotes found at this time.

What Founders Say

A customer testimonial from Amazon Ring, which evaluated more than 40 voice-AI vendors before selecting Vapi, was shared in the announcement: “A lot of AI tools promise great outcomes — Vapi has delivered on them.” — Jason Mitura, VP of Software Development, Amazon Ring 1

Sources


  1. TechCrunch, “AI voice startup Vapi hits $500M valuation after winning Amazon Ring over 40 rivals,” May 12, 2026. Accessed May 2026. https://techcrunch.com/2026/05/12/vapi-hits-500m-valuation-as-amazon-ring-chose-its-ai-platform-over-40-rivals/

  2. GlobeNewswire, “Vapi raises $50M Series B as it reaches 1 billion calls, powering the next generation of enterprise voice AI,” May 12, 2026. Accessed May 2026. 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