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Wispr raises $280M Series B funding at $2B valuation and launches Canto speech model

Funding Provisional 92% confidence first seen

Wispr, an AI dictation startup, raised $280 million in Series B funding led by Menlo Ventures at a $2 billion valuation. The company simultaneously launched Canto, its proprietary speech model that achieves 5–10% word error rates in noisy conditions, and integrated it into Wispr Flow along with a new meeting notetaker feature to enable voice-to-text across multiple platforms.

The deal

Wispr $280M Series B · announced 18 Aug 2026

Investors Menlo Ventures

Deal terms as reported in the coverage below.

Source coverage

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