Slang
Slang is a technology company.
Financial History
Slang has raised $14.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Slang raised?
Slang has raised $14.0M in total across 2 funding rounds.
Slang is a technology company.
Slang has raised $14.0M across 2 funding rounds.
Slang has raised $14.0M in total across 2 funding rounds.
Slang has raised $14.0M in total across 2 funding rounds.
Slang's investors include Emergence Capital, Founder Collective, Gecad Ventures, Homebrew, NFX, Pareto Holdings, Slack Fund, Ed Baker, Gokul Rajaram, Javier Olivan, Ecliptic Capital, Firework Ventures.
The query "Slang - Slang is a technology company" is ambiguous because there are at least two distinct technology companies named Slang: one focused on AI-powered voice solutions for restaurants (Slang.ai), and another specializing in professional English language learning (Slang, the e-learning platform). Below is a detailed overview of both to clarify their identities and key attributes.
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Slang.ai builds AI-powered phone answering and digital concierge solutions specifically for the restaurant industry. Their product automates call answering, manages reservations, and enables real-time customer interactions, helping restaurants reduce staff workload and improve customer satisfaction. The platform is designed for ease of use, requiring no developer support, and can be implemented in about 30 minutes. Slang.ai serves over 200 clients including notable hospitality groups and has demonstrated rapid growth, with revenue increasing sixfold in 2022[1][2].
Founded in 2019 in Brooklyn, New York, Slang.ai was co-founded by Alex Sambvani and Gabriel Duncan, former data scientists at Spotify who specialized in AI-driven personalized experiences. The idea emerged from their expertise in AI and a desire to transform the frustrating experience of calling businesses into a seamless, revenue-generating interaction. The company came out of stealth mode in June 2023 and quickly gained traction, attracting investors such as Homebrew and Wing VC, as well as celebrity chef Tom Colicchio[1].
Slang.ai rides the trend of AI automation in customer service, particularly voice AI, which is gaining momentum as businesses seek to improve customer experience while reducing labor costs. The timing is favorable due to increasing demand for contactless, efficient service in hospitality and the rise of conversational AI technologies. Their focus on voice as a preferred communication mode aligns with broader shifts toward more natural, human-like AI interactions[2].
Slang.ai is positioned to expand its footprint in the hospitality sector and potentially beyond, leveraging AI to transform voice interactions into a strategic asset. Future trends shaping their journey include advances in natural language processing and growing acceptance of AI in customer-facing roles. Their influence may grow as voice AI becomes a standard channel for business communication[1][2].
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Slang is a technology company that offers the largest platform for learning professional and specialized English. It provides hyper-personalized career paths with over 200 courses tailored to specific industries and job roles, helping companies and universities improve workforce communication skills. The platform uses machine learning (ML) and natural language processing (NLP) to create adaptive learning experiences focused on what learners need to improve, enhancing efficiency and relevance[3][5].
Slang originated as a research project at MIT, where founders Diego and Kamran combined expertise in language learning challenges and ML/NLP technologies. Their collaboration led to cutting-edge algorithms that power Slang’s adaptive approach. The company was recognized as the world’s most promising startup of 2020 at the Global Edtech Startup Awards, reflecting early traction and validation in the education technology space[3][4].
Slang leverages trends in personalized education, remote workforce development, and the increasing importance of professional English in global business. The platform addresses the growing need for scalable, effective language training that goes beyond generic courses, aligning with digital transformation in corporate learning and HR development[3].
Slang is poised to expand its course offerings and deepen market penetration in corporate and academic sectors. Future growth will be driven by advances in ML/NLP and increasing demand for specialized language skills in a globalized economy. Its influence may extend as a key enabler of workforce upskilling and professional communication[3][5].
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If you seek information on a specific Slang company, please specify whether you mean the AI voice technology company for restaurants (Slang.ai) or the professional English learning platform (Slang).
Slang has raised $14.0M across 2 funding rounds. Most recently, it raised $12.0M Series A in June 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2023 | $12.0M Series A | Emergence Capital, Founder Collective, Gecad Ventures, Homebrew, NFX, Pareto Holdings, Slack Fund, Ed Baker, Gokul Rajaram, Javier Olivan | |
| Jun 1, 2017 | $2.0M Seed | Ecliptic Capital, Firework Ventures, Social Capital |