AI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talks
Article image or reusable cover for TechCrunch AI
Listen Labs, a startup using voice AI to conduct customer interviews, walked away from a signed $125 million financing deal at a $1.5 billion valuation from Menlo Ventures.
The move was reportedly due to acquisition talks with Salesforce for around $2 billion. Listen Labs, a three-year-old company generating approximately $30 million in annual revenue, is a leading player in AI-automated customer research. Its customers include Microsoft, Canva, and Anthropic. If Salesforce discussions fall through, investors expect Listen Labs to return to market seeking higher valuations.
Listen Labs, a market research startup that uses voice AI to conduct customer interviews, recently signed a term sheet for a $125 million Series C at a $1.5 billion valuation, with Menlo Ventures set to lead the round, according to several people with knowledge of the matter.
Vibekollen prepared this summary with AI from the original publication. The content belongs to TechCrunch AI.
More from TechCrunch AI
Google froze its open source bug bounty program due to a ‘significant rise’ in AI submissions
TechCrunch AI 15 h ago
Can ‘super intelligence’ and a non-binding safety pact solve AI’s image problem?
TechCrunch AI 15 h ago
Trump unveils his new Super Intelligence Force
TechCrunch AI 20 h ago
Amazon responds to data center backlash, says it no longer uses NDAs
TechCrunch AI 3 Oct