TLDR Tech / AI
AI research startup Listen Labs scrubbed a $1.5B funding round for Salesforce talks
Listen Labs is a market research startup that uses voice AI to conduct customer interviews. It recently signed a term sheet for a $125 million Series C at a $1.5 billion valuation, but the round never closed, likely because of acquisition talks with Salesforce, which recently held talks to buy the startup for around $2 billion. Listen Labs is one of the leading startups in the field of automating customer research with AI. It has about $30 million in annualized revenue. Acquiring Listen Labs could strengthen Salesforce's AI capabilities by helping it predict customer needs.
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