AI voice startup Vapi hits $500M valuation after winning Amazon Ring over 40 rivals

· TechCrunch AI ·

Vapi, an AI voice API startup, reached $500M valuation after displacing 40 competitors to win Amazon Ring's voice AI contract; enterprise revenue grew 10x since early 2025.

Categories: Money & Moves

Excerpt

Vapi says its enterprise business has grown 10-fold since early 2025 as companies shift customer support and sales calls to AI agents.