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Tetra raises a $1.5M seed round to bring deep learning to voice transcription

Tetra raises a $1.5M seed round to bring deep learning to voice transcription
From TechCrunch - August 10, 2017

There are a million and one services for voice transcription on the market. But even with just one job to do, Ive never seen a service that can handle the long tail of vocabulary used in the real world. This is particularly challenging if youre a startup trying to sell your service to enterprises that rely on accurate transcription for their operations.

Jon Goldsmith, co-founder of Tetra, a voice transcription startup, understands this challengein fact, he is even willing to admit that he hasnt 100 percent cracked the problem. But Goldsmith believes the answer lies in deep learning, and hes setting out to prove it with a $1.5 million seed round led by Amplify Partners, with participation from Y Combinator and a number of angels.

I dropped by the Tetra office to check out what Goldsmith, his co-founder Nik Liolios and one other engineer had created. Goldsmith gave me a call using his smartphone with the Tetra app installed. As he and the deep learning models running in the background listened, I threw out a barrage of challenges for the transcription service.

Speaking at varying speeds, throwing out numbers, startup names and other tough words did stump Tetra to some degreebut to be fair, there is no AI that I havent broken. Given how easy Tetra is to use, I could see it being used as a backup reference or for record keepingturn it on, forget about it and use it to search through notes later.

In cases where 99 or 100 percent accuracy is required, Tetra offers human transcription for a fee and a 24-hour wait. This actually helps both customers and Tetra in the sense that accurate transcriptions can feed back as training data to improve future performance.

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