Vapi Closes $50M Series B at $500M Valuation: Amazon Ring Routes 100% of Inbound Calls Through Platform

TechCrunch·medium signal

Voice AI startup Vapi raised $50M Series B led by Peak XV with participation from M12 (Microsoft), Kleiner Perkins, and Bessemer, reaching $500M valuation after crossing 1B platform calls with 1M+ developers. Amazon Ring now routes 100% of inbound calls through Vapi after evaluating 40+ alternatives. New features include Squads v2 (multi-assistant orchestration), Composer alpha (prompt-built agents), and Simulations for systematic AI-powered testing.