Listen Labs Raises $69M Series B at $500M Valuation as AI Interview Platform Grows Revenue 15x in Nine Months
Summary
Listen Labs secures $69 million Series B funding at $500 million valuation after explosive 15x revenue growth in nine months, as its AI-powered platform revolutionizes market research by conducting video interviews with 30 million participants and delivering insights to Microsoft, Sweetgreen, and other major clients in hours instead of weeks.
Key Points
- Listen Labs raises $69 million in Series B funding led by Ribbit Capital, valuing the AI customer interview platform at $500 million after growing annualized revenue 15x in nine months
- The company uses AI to conduct video interviews with participants from its 30 million-person network, delivering market research insights in hours instead of weeks while addressing fraud issues plaguing the $140 billion industry
- Major clients including Microsoft, Sweetgreen, and Chubbies use the platform to accelerate product development decisions, with Microsoft reducing research timelines from 4-6 weeks to days or hours