Phonic is a San Francisco-based AI company building speech-to-speech models and a platform for lifelike voice agents, founded by MIT friends Moin Nadeem (CEO) and Nikhil Murthy (CTO). Its flagship model Phonic-1 debuted at #1 on the Artificial Analysis Speech to Speech Index and powers production calls across six continents in customer support, healthcare, recruiting and logistics for customers such as Ashby, Maven AGI and Rho. Backed by First Round, Lux Capital, Felicis, Definition and Essence VC, Phonic has raised $31.5M in total, including a $27.5M Series A announced in October 2026.
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Oct 29, 2026
Latest raise
Funding activity · 1 round
Oct 29, 2026
$27.5M
Series A
Led by First Round Capital
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