Oculus Co-Founder’s AI Voice Startup Is in Talks for Sequoia Backing

Sesame AI is discussing a funding round of more than $200 million, co-led by Sequoia Capital and Spark Capital. 

Brendan Iribe in 2016.

Photographer: David Paul Morris/Bloomberg
Lock
This article is for subscribers only.

Sesame AI Inc. — a startup that’s created hyper-realistic artificial intelligence voice assistants named Maya and Miles — is in talks to raise more than $200 million from investors in a deal that values the young company at over $1 billion, according to people familiar with the matter.

Sequoia Capital and Spark Capital are in talks to co-lead the round, said the people, who asked not to be identified because the information is private. They added that the discussions have not been finalized and the details could still change.