Audioburst

About Audioburst

Audioburst operates as an artificial intelligence-powered audio search and discovery platform, founded in 2014 by a team of serial entrepreneurs: Amir Hirsh, Ben Enosh, Gal Klein, Yoni Silberberg, and Jonathan Silberberg. The company originated in Tel Aviv, Israel, and has since expanded its presence to Palo Alto, California. The founders, including CEO Amir Hirsh who previously founded several tech companies, leveraged their collective experience to address the challenge of discoverability in the growing audio landscape.

The core of Audioburst's business is a technology that listens to, transcribes, and indexes millions of minutes of audio content from podcasts and radio stations in real time. Using advanced natural language processing, the platform segments this content into short, searchable clips known as 'bursts'. This allows users and businesses to find and interact with specific moments from a vast library of spoken-word audio, much like a search engine does for text. The company has successfully raised $25 million in funding over four rounds, including a significant Series B round in 2019 led by Dentsu and Hyundai Cradle, with other strategic investors like Samsung Ventures.

Audioburst's business model is multifaceted, primarily targeting businesses through its API and SDK offerings. It enables developers, automotive manufacturers, and app creators to integrate personalized audio streams and search capabilities into their own products. This provides an engaging, screen-free experience for end-users in environments like in-car infotainment systems and smart speakers. For content creators, such as podcasters and radio networks, Audioburst offers a platform called Creators Premium, which provides analytics and tools to promote their content and reach new audiences by turning highlights into shareable clips. Revenue is generated through these platform integrations, and it also offers monetization solutions for app developers who incorporate its audio feeds. Recently, the company's website indicates a pivot into stealth mode with a new focus on the financial technology sector, suggesting a strategic shift from its original media and entertainment technology focus.