Why Vapi matters
Vapi raises a $50M Series B led by Peak XV on May 12, 2026, with M12, Kleiner Perkins and Bessemer participating, at a valuation of about $500M and total funding of $72M. Its agents pass 1 billion calls handled and enterprise revenue grows 10x in the preceding year. Amazon Ring picks Vapi over more than 40 vendors and routes 100% of its inbound phone calls through the platform as of May 2026.
The numberRaised $50M Series B led by Peak XV on May 12, 2026 after its agents passed 1 billion calls
On The Agentic 80
Listed under Voice agents. Agents that talk on the phone.
Quick answers
- What does Vapi do?
- Developer platform for building and running phone and in-app voice AI agents at scale. Vapi raises a $50M Series B led by Peak XV on May 12, 2026, with M12, Kleiner Perkins and Bessemer participating, at a valuation of about $500M and total funding of $72M.
- What AI capabilities does Vapi offer?
- Vapi provides a developer platform for building and operating voice AI agents on phone calls and in web or mobile apps. Customers use its APIs to connect speech recognition, language models, and text-to-speech, configure prompts, tools, and call flows, and place or receive calls. Dashboards, recordings, transcripts, and webhooks help teams test agents, monitor live conversations, and integrate outcomes with business systems.
- Why is Vapi on The Agentic 80?
- Vapi is listed under Voice agents. Agents that talk on the phone. Raised $50M Series B led by Peak XV on May 12, 2026 after its agents passed 1 billion calls.
- Where is Vapi based, and who owns it?
- Vapi is based in San Francisco, CA, was founded in 2020 and is private, Series B.