NovoSpeech

Full-featured Speech Recognition that Works

Business Software
Non Active, Nov 2014
Mature Ramat Gan, Israel Founded 2011
LinkedIn
Last updated 2026-06-18
Total raised
$500K
Last: 2013-01
Stage
Mature
Founded
2011
Headcount
6
HQ
Ramat Gan, Israel
Sector
Business Software

About

The Speech Recognition Challenge: Speech is one of the most intuitive means by which we interact with our surroundings. Automatic speech recognition (ASR) is a complex technology that aspires to allow humans to interface with machines in this most natural of modalities. Yet, despite great advances in ASR, the user experience with ASR-based interfaces in real-life environments is still not good enough for speech recognition to be embraced by the mass market. In fact, analysts believe that ASR, despite its potential as a killer app, has achieved only 15-20% of its market potential. The NovoSpeech Technology Re-inventing Speech Recognition: NovoSpeech has analyzed the bottlenecks inherent to existing speech recognition solutions and re-examined the approaches that were being applied in the past. This meticulous, out-of-the-box thinking has led us to introduce proprietary changes deep within the speech recognition engine resulting in a robust, speaker-independent, on-device, continuous speech recognition technology with superior accuracy rates. The NovoSpeech Advantages: -Highly noise-robust recognition accuracy: Unprecedented accuracy even in real-life (noisy) environments. Benchmarking results show a game-changing 35% improvement in NovoSpeechs accuracy as compared to state-of-the-art ASR. -Dramatic reduction of computational complexity: NovoSpeech deploys large-vocabulary continuous speech entirely on the mobile device, eliminating the constraint of current ASR mobile solutions that must be connected to the cloud. -Speaker-independent: Accurate identification of words regardless of gender, accent, or speaking style.

Funding history · 1 round · $500K total

Q&A

What is NovoSpeech's primary business?
NovoSpeech specializes in full-featured speech recognition technology, offering robust, speaker-independent, on-device continuous speech recognition with superior accuracy rates, particularly in noisy environments.
When was NovoSpeech founded?
NovoSpeech was founded in September 2011.
What is the current status of NovoSpeech?
NovoSpeech is currently inactive, with its status changed in November 2014.
How much funding has NovoSpeech raised to date?
NovoSpeech has raised a total of $500,000 USD.
When was NovoSpeech's last funding round and who were the investors?
NovoSpeech's last funding round occurred in January 2013, with investments from The Trendlines Group and Mofet Venture Accelerator.
What is NovoSpeech's employee count?
NovoSpeech has 1-10 employees.
Where is NovoSpeech headquartered?
NovoSpeech is headquartered in Ramat Gan, Center District, Israel.
What technologies does NovoSpeech utilize?
NovoSpeech utilizes Artificial Intelligence, Voice & Speech Recognition, Natural Language Processing, Platforms & Interfaces, and Mobile technologies.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsProduct Development ToolsProject Management & CollaborationSoftware Development Tools
Technologies
Artificial IntelligenceVoice & Speech RecognitionNatural Language ProcessingPlatforms & InterfacesMobile
Target customers
Enterprise & Professional ServicesEnterprises
Business model
B2B

Highlights

1 Patents

Tags

mobile-applicationsspeech-recognitionapp-developmenttelecommunicationnatural-language-processingmobile-devicesnoise-reductionvoice-recognition
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