Company · Agents & apps
Wispr Flow revenue, valuation & funding
Wispr Flow was valued at $2 billion in August 2026, when it raised a $280 million Series B led by Menlo Ventures. It hasn't disclosed a revenue figure. It's a private company with no stock ticker and no stated IPO plan.
At a glance
- Valuation: $2 billion after its $280 million Series B in August 2026, led by Menlo Ventures.
- Revenue: not disclosed. Menlo Ventures said in August 2026 that revenue grew over 30x year over year.
- Funding: $361 million raised in total as of August 2026.
- Status: private. No stock ticker and no stated IPO plan.
- Founded: 2021, by Tanay Kothari and Sahaj Garg.
- CEO: Tanay Kothari, who co-founded it.
- Headquarters: San Francisco.
- Products: Flow, its voice dictation app, with iOS and Android apps, and Flow Notetaker for meetings.
- On Real Alpha: 8 moments of its people talking, from 1 interview.
Is Wispr Flow public? Can you buy its stock?
No. Wispr Flow is a private company, so its shares don't trade on any stock exchange and it has no ticker symbol.
Wispr hasn't announced a plan or a date for going public, and no filing has been made.
Its shares are held privately, by its founders and investors. Menlo Ventures led its latest round, the $280 million Series B in August 2026. This page reports facts and gives no investment advice.
Valuation, round by round
Its valuation went from $700 million in November 2025 to $2 billion in August 2026, close to three times in nine months.
| Date | Valued at | Raised | Led by | Source |
|---|---|---|---|---|
| Aug 2026 | $2B | $280M | Menlo Ventures | Wispr Flow blog |
| Nov 2025 | $700M | $25M | Notable Capital | TechCrunch |
| Jun 2025 | — | $30M | Menlo Ventures | Wispr Flow blog |
No valuation was reported for the $30 million Series A in June 2025. The $700 million figure came from sources speaking to TechCrunch.
How Wispr Flow makes money
Wispr doesn't publish its revenue or how it breaks down. Reports describe its costs and its plans for profit.
- Costs. Sacra says its costs include cloud infrastructure and fees to license outside models. It gives no margin figure. Sacra
- Its own speech model. Sacra says Wispr is building its own speech models to improve margins. A preview of the first one was announced with the Series B in August 2026. Wispr Flow's blog
- Profit. In June 2025 Tanay Kothari said the startup would soon achieve profitability at its current rate of growth. TechCrunch
Products
- Flow (introduced 2024). Voice dictation that types what you say in any app. It began as the software layer of a wearable the company first set out to build. Wikipedia
- Flow for iOS (June 3, 2025). The iPhone app for dictation. TechCrunch
- Flow for Android (February 23, 2026). The Android app for dictation. Wikipedia
- Flow Notetaker (early August 2026). Takes notes in your meetings. Wispr Flow's blog
- Speech model. A preview of its first proprietary speech model, announced in August 2026. Wispr Flow's blog
Users and customers
Wispr said in August 2026 that people have written more than 60 billion words with Flow.
The same month, Reuters reported its products are used at more than 10,000 enterprises.
In November 2025 TechCrunch reported it had reached 270 of the Fortune 500. It had signed 125 companies as enterprise customers.
Leadership
- Tanay Kothari, co-founder and CEO. He earlier built FeatherX, which Cerebra acquired. TechCrunch
- Sahaj Garg, co-founder. Wikipedia
- Ariya Rastrow, chief scientist. He leads the Wispr Advanced Interfaces Lab and was a founding member of the team behind Alexa. Wispr Flow's blog
Who owns Wispr Flow?
Its founders and investors. As a private company it doesn't publish who holds what, and no stake has been disclosed.
- Menlo Ventures led the $280 million Series B in August 2026. It also led the $30 million Series A in June 2025. Wispr Flow blog
- Notable Capital led the $25 million Series A extension in November 2025, with Flight Fund taking part. TechCrunch
- Acrew, Forerunner, Goodwater, Peak XV, Together Fund and Plus Capital joined the Series B, Sacra lists. Sacra
- NEA, Neo Ventures, 8VC and MVP Ventures are existing investors that also took part in the Series B, according to Sacra. Sacra
Timeline and latest news
From its founding to the latest reports, newest first.
- Aug 17, 2026Latest
Raised $280 million at a $2 billion valuation, led by Menlo Ventures. Wispr Flow blog - Aug 17, 2026Latest
Announced a preview of its first proprietary speech model. Wispr Flow's blog - Aug 17, 2026Latest
Said people had written more than 60 billion words with Flow. Wispr Flow's blog - Aug 5, 2026
Launched Flow Notetaker to take notes in meetings. Wispr Flow's blog - Jul 2026
Launched the Wispr Advanced Interfaces Lab, led by chief scientist Ariya Rastrow. Wispr Flow's blog - Apr 16, 2026
Named to the Forbes AI 50 Brink List. Wispr Flow - Feb 23, 2026
Launched its Android app for dictation. Wikipedia - Nov 20, 2025
Raised a $25 million Series A extension at a $700 million valuation, led by Notable Capital. TechCrunch - Nov 20, 2025
Had reached 270 of the Fortune 500 and signed 125 enterprise customers. TechCrunch - Jun 24, 2025
Raised a $30 million Series A led by Menlo Ventures. Wispr Flow blog - Jun 24, 2025
Tanay Kothari said it would soon reach profitability at its rate of growth. TechCrunch - Jun 3, 2025
Released its iOS app. TechCrunch
Legal and privacy matters
Wikipedia notes that Wispr Flow confirmed the app can read the user's keystrokes. That raised security concerns among some advisors and users. The matter involves no lawsuit or regulator action.
What others say about Wispr Flow
Moments where people outside the company talk about it.
Hector Serrano · Lenny's Podcast · Nov 1, 2026
“So one thing we actually have included is it's called a smart retainer.”
14:01 A smart retainer gives creators a floor and uncapped upside 5 min
Questions people ask
Is Wispr Flow a public company? Can I buy Wispr Flow stock?
No. Wispr Flow is private and has no ticker, so its shares aren't sold on any exchange. It hasn't announced an IPO plan.
When will Wispr Flow IPO?
It hasn't announced a plan or a date for an IPO, and no filing has been made.
Who owns Wispr Flow?
Its founders and investors, including Menlo Ventures, Notable Capital, NEA and 8VC. Stakes haven't been disclosed.
Who is the CEO of Wispr Flow?
Tanay Kothari, who co-founded it in 2021 with Sahaj Garg.
Who founded Wispr Flow?
Tanay Kothari and Sahaj Garg, in 2021. They began by building a wearable device to control phones without touch.
How much is Wispr Flow worth?
$2 billion after its $280 million Series B in August 2026, as TechCrunch reported.
How much revenue does Wispr Flow make?
It hasn't disclosed a figure. Menlo Ventures said in August 2026 that revenue grew over 30x year over year.
Is Wispr Flow profitable?
It doesn't publish results. In June 2025 Tanay Kothari told TechCrunch it would soon achieve profitability at its current rate of growth.
How many people use Wispr Flow?
The company said in August 2026 that people have written more than 60 billion words with Flow. Reuters reported its products are used at more than 10,000 enterprises.
Where is Wispr Flow headquartered?
San Francisco.
Every moment from Wispr Flow's people
8 moments from 1 interview on 1 show, newest first. Each one plays from the minute it starts.
Lenny's Podcast · Nov 1, 2026 · 8 moments
86 minutes of paid-UGC alpha | Hector Serrano (Wispr Flow)
- 14:01 A smart retainer gives creators a floor and uncapped upside 5 min
- 31:03 Build a creator roster through targeted outreach and experimentation 7 min
- 1:03:49 Keep AI out of the creative customers see 4 min
- 39:41 Technical buyers can respond better to plain, unpolished UGC 3 min
- 51:21 Ads can wear out after about $100,000 in spend 3 min
- 20:02 Modern marketing hires need proof of execution, not credentials 5 min
- 1:08:02 Founder content builds trust before it drives sales 6 min
- 1:15:54 YouTube packaging can matter more than video production 4 min
People on Real Alpha
- Tanay Kothari, Co-founder & CEO, Wispr Flow
- Hector Serrano, Head of content, Wispr Flow · 8 moments
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How this page is sourced
Each figure links to the filing, company statement or news report it came from, with its date. Run rates are what reporters were told, not audited results; estimates and unconfirmed reports are marked. Quotes are what each person said on the record, with the minute they said it. Spotted something that's off? .
Last checked Nov 8, 2026