Poised

Poised — Funding & Company Data

Financial overview and investor data for Poised.

Medium confidence data Last verified 4 months ago

Founded

2020

Stage

Acquired

Total Raised

$4.5M

HQ

San Francisco, California

Team

11-50

Model

self-serve SaaS

Acquired

Poised was acquired by Deepgram on May 14, 2024 .

Analyst Take

Poised's funding history is short and straightforward: a single $4.5 million Seed round in June 2021. The investor syndicate was strong for a seed-stage company, featuring a reputable lead in Wing Venture Capital and a highly strategic partner in the Slack Fund, which signaled strong potential integration with major communication platforms. The absence of a subsequent Series A round between 2021 and 2024 could indicate several scenarios: the company was capital-efficient, it struggled to meet the growth metrics for a next-level valuation, or it received a compelling acquisition offer.

The acquisition by Deepgram, an AI speech platform company, in May 2024 is the defining event for Poised's financial story. This exit provides a stable home and significant resources that a standalone seed-stage company would lack. It removes the immediate pressure of future fundraising and the associated risk of failure. For users, this means the core technology is now backed by a larger, well-funded entity, significantly de-risking the chance of the service shutting down abruptly. However, it also means the product's future roadmap, pricing, and feature set are now subject to the strategic priorities of Deepgram, which may differ from Poised's original vision.

Stability

The company is highly stable following its acquisition by Deepgram. Its longevity is now tied to its strategic value within the Deepgram product ecosystem rather than its own financial performance.

Growth

As a standalone company, Poised's growth led to an acquisition rather than further funding rounds. Its future growth is now integrated with Deepgram, a company operating in the high-growth AI and speech recognition market.

For Buyers

For a potential buyer, committing to Poised is now effectively committing to a Deepgram product. The risk of the tool disappearing is low, but the product may evolve to serve Deepgram's broader strategy, potentially leading to significant changes in features or pricing.

Funding Timeline

Seed $4.5M June 2021

Investors: Wing Venture Capital, Next Play Ventures, Slack Fund, Hyphen Capital, Concrete Rose Capital

Notable Investors

Wing Venture Capital Slack Fund Next Play Ventures

Sources

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