Biometric Vox
Authentication solutions and advanced electronic signature through voice biometrics.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €1.0m | Seed | |
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | (85 %) | 100 % | 106 % | 6 % | 130 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (184 %) | (662 %) | (188 %) | (93 %) | (22 %) | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (139 %) | (534 %) | (184 %) | (147 %) | (64 %) | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Biometric Vox, founded in 2015 by Joaquin Cros, is a Spanish company specializing in AI-powered voice biometric solutions. The company originated from the need to solve identity theft issues for employees in the agricultural sector, where traditional biometric methods like fingerprint or facial recognition were impractical due to the challenging work environment. This initial focus on a difficult setting allowed the company to develop a highly flexible and adaptable core technology.
The firm operates in the business/productivity software and cybersecurity markets, providing voice authentication and verification platforms for businesses. Its client base spans various sectors, including banking, legal, enterprise, and agriculture. Revenue is generated by offering these technologies that help clients reduce fraud, enhance customer satisfaction, and streamline processes. The business model focuses on providing adaptable solutions that can be integrated into a client's existing CRM, ERP, or other applications via an API.
Biometric Vox offers several key products. CheckVox is its core biometric voice engine, which can identify or verify a person through their voice with high accuracy, regardless of language. Another flagship product is FirVox, a platform for advanced electronic voice signatures. This service, which complies with European eIDAS regulations, allows for the legally valid signing of documents over a simple phone call. The company also provides Transcribe Voz for automatic transcription of audio to text. These solutions are designed to be immediate and cost-effective, eliminating expenses related to paper and travel for remote transactions. In a notable milestone, the company secured a seed funding round of approximately $1.23 million in February 2018, led by InnoCapital, the venture arm of Banco Sabadell.
Keywords: voice biometrics, speaker verification, electronic signature, voice authentication, cybersecurity, fraud prevention, legaltech, identity verification, AI authentication, CheckVox, FirVox, financial services security, remote authentication, speech recognition, secure transactions, digital identity, biometric API, compliance, eIDAS, voice-to-text