Equal AI Raises $30 Million Series B as Call-Screening App Tops 1 Million MAUs
Updated
Updated · TechCrunch · Jun 11
Equal AI Raises $30 Million Series B as Call-Screening App Tops 1 Million MAUs
3 articles · Updated · TechCrunch · Jun 11
Summary
$30 million in Series B funding will help India-based Equal AI expand its call-screening assistant, with Prosus Ventures and Tomales Bay Capital leading the round.
More than 1 million monthly active users and 300,000 daily active users have joined the Android app since last year, as it answers unknown calls, explains why someone is calling, and relays AI-generated replies.
Over $42 million has now been raised in total, though Equal AI declined to disclose valuation details for the three-tranche round, which prices equity differently if the startup hits preset targets.
Founded in 2022, the company plans to add screening for known numbers, proactive actions such as texting delivery instructions or booking appointments, an iOS app, and a paid tier.
Over 10 languages are already supported for India's code-mixed calling habits, a local-market edge Equal AI is betting on against Google, Apple, Truecaller and U.S. startup Cloaked.