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techcrunch ai · May 12, 2026

Vapi raises $50M Series B

ai voice startup vapi raised a $50m series b at a $500m valuation led by peak xv after winning amazon ring as a customer.

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vapi raised $50 million in a series b round led by peak xv partners, reaching a valuation of roughly $500 million. the funding follows the startup's deployment at amazon ring, where it now handles 100% of inbound calls after beating 40 competing vendors. ring selected vapi for its infrastructure layer, which allows non-engineers to tune agent behavior and resulted in improved customer satisfaction. vapi has processed over 1 billion calls and counts new york life and intuit among its clients, with revenue in the eight figures.

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