SoundHound, a prominent player in voice artificial intelligence, has announced the acquisition of Amelia AI, a leading enterprise AI software company, for a substantial $80 million. This strategic move positions SoundHound as a dominant force in voice and conversational generative AI, broadening its reach across diverse sectors such as retail, finance, healthcare, automotive, smart devices, restaurants, and more.
The acquisition, structured as a cash and equity deal with additional earnout potential tied to revenue milestones, is expected to significantly boost SoundHound’s financial performance. Combined revenue for 2025 is projected to surpass $150 million, with Amelia contributing over $45 million in recurring AI software revenue. The transaction is anticipated to positively impact SoundHound’s earnings from the second half of 2025 onwards, driven by substantial revenue and cost synergies.
This strategic partnership brings together decades of expertise in conversational AI and highly complementary product portfolios. It enables SoundHound to offer unparalleled, scalable customer service support to a vast array of businesses. The acquisition also accelerates SoundHound’s vision of a comprehensive voice commerce ecosystem, expanding its scope and ambition.
Prior to this acquisition, SoundHound had successfully raised over $189 million in funding, demonstrating strong investor confidence in its innovative technology and market potential. This acquisition solidifies SoundHound’s position as a major player in the rapidly evolving conversational AI landscape, empowering businesses to harness the power of voice and AI for enhanced customer experiences and operational efficiency.
