AI voice startup Vapi raised a $50M Series B led by Peak XV, a source says at a $500M post-money valuation, after Amazon chose Vapi to handle 100% of Ring calls (Jagmeet Singh/TechCrunch)

Techmeme ·

Vapi closed a $50M Series B at $500M post-money valuation led by Peak XV, securing an exclusive contract to handle 100% of Amazon Ring's AI voice calls after beating 40 competitors.

Categories: Money & Moves

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<a href="https://techcrunch.com/2026/05/12/vapi-hits-500m-valuation-as-amazon-ring-chose-its-ai-platform-over-40-rivals/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260512/i17.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260512/p17#a260512p17" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Jagmeet Singh / <a href="http://techcrunch.com/">TechCrunch</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://techcrunch.com/2026/05/12/vapi-hits-500m-valuation-as-amazon-ring-chose-its-ai-platform-over-40-rivals/">AI voice startup Vapi raised a $50M Series B led by Peak XV, a source says at a $500M post-money valuation, after Amazon chose Vapi to handle 100% of Ring calls</a></b></span>&nbsp; &mdash;&nbsp; Amazon Ring, facing a surge in customer-support calls during last year's holiday season, evaluated more than 40 AI voice vendors &hellip; </p>