AI-Powered Dictation App Wispr Flow Raises $30M from Menlo Ventures

Wispr Flow, an AI-powered dictation app, has raised $30M in Series A funding from Menlo Ventures with participation from NEA, 8VC, and other investors. The company, founded by Tanay Kothari, initially focused on building a device for silent typing but shifted to developing the software interface, Wispr Flow. The app has gained popularity, with many venture capital firms using it daily, driving investor interest. The startup plans to achieve profitability at its current growth rate and will use the funding to multiply revenue and reach rapidly.