Wispr, the startup behind the Wispr Flow dictation app, has raised $280 million in Series B funding led by Menlo Ventures at a $2 billion valuation.
The round brings the company’s total funding to $361 million, less than 10 months after its previous raise. Existing backers Notable Capital, NEA, Neo Ventures, 8VC and MVP Ventures doubled down, joined by Acrew, Forerunner, Goodwater, Peak XV, Together Fund and PLUS Capital.
Wispr plans to move well beyond dictation. Alongside the raise, it unveiled Canto, a new speech understanding model it says will cut error rates from 30% to under 10%, addressing complaints about a recent dip in transcription quality.
The company is also expanding its meeting notetaker, which competes with Granola, Fireflies and Read AI, and exploring new human-computer interfaces through Wispr Interface Labs, launched last month under Ariya Rastrow, an early Amazon Alexa engineer. A partnership with the Oasis ring lets users dictate on devices without speaking loudly.
The funding comes amid intensifying competition in dictation from apps like Willow, Monologue, Aqua and Superwhisper, plus a wave of cheap prosumer tools. Wispr has scaled its go-to-market teams in India and the UK since launching on Android last November.
