Waverly Labs

An Earpiece that Translates Languages

Company Information

Website:

https://www.waverlylabs.com/

Sector:

Consumer Electronics

Location:

Brooklyn, NY

Waverly Labs is a voice and language company combining speech translation and wearable technology.

This company initially created “smart” earbuds equipped with language translation. And it generated more than $9 million in sales. Now it’s targeting the $23 billion U.S. market for the use of spoken interpreters in business settings.

It’s created the Ambassador Interpreter. This over-the-ear device is designed to solve language barriers in global commerce and business.

This device uses artificial neural networks, machine learning, and digital signal processing. Speech is captured directly from the earphone, where it's processed and translated in the cloud. The translation is then heard directly in the user’s ear with minimal lag time.

Mashable, a technology website, said “The gadget straight out of science fiction has come to life.” And a review from CNET, another tech website, noted “All I can say right now is, ‘wow.’”

Team Background

Andrew Ochoa - CEO & Director
Sergio Del Rio Diaz - Vice President of Product
Raising
$1.20 million
Committed
$124K (10%)
Current Valuation
$42 million
Min. Investment
$489
Deal Type
Title III
(For all investors)
Offering Type
Equity
Finance History
  • $1.10 million
    2020-02-16
    Unknown
    (Equity Crowdfunding)
  • $1.10 million
    2018-02-03
    Unknown
    (Equity Crowdfunding)
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