Clearspeed, a US-based provider of voice-based risk assessment technology, has raised $60m in a Series D funding round, led by Align Private Capital.
The investment, supported by IronGate Capital Advisors, Bravo Victor Venture Capital, and KBW Ventures, brings Clearspeed’s total funding to $110m.
Also, General David Petraeus (US Army, Ret.), former CIA Director and Commander of US Central Command, participated as a multi-round investor.
The funding will support Clearspeed’s expansion and innovation in voice analytics technology, which is used to assess risk in various sectors.
As part of the capital raise, the company added Align Private Capital co-founder and CEO Anna Nekoranec to Clearspeed’s Board of Directors.
Align Private Capital co-founder and CEO Anna Nekoranec said: “Clearspeed has demonstrated true dual-use potential, with scalable commercial results and meaningful impact in high-stakes environments.
“It’s rare to see a solution that can reduce fraud, mitigate security threats, and save significant costs without creating friction for the end user. This is the innovation needed to build smarter, more human-centred systems of trust.”
David Petraeus said: “As security threats evolve, so must the solutions designed to counter them. Clearspeed’s AI-enabled voice analytics delivers outsized value for personnel vetting, insider threat mitigation, and enterprise security, where building trust quickly is paramount.”
Clearspeed’s voice analytics technology identifies potential risks through vocal characteristics, aiding faster decision-making in critical environments.
Initially developed for the US Department of Defence, the technology now serves various sectors, including insurance and finance, to mitigate risks such as fraud and insider threats.
The company has shown significant success in the insurance industry, providing a 30-fold return on investment by enhancing decision-making processes in claims and underwriting.
Zurich Insurance has reported accelerated claims payments using Clearspeed, improving customer service.
Government agencies are increasingly adopting Clearspeed’s technology to combat fraud, waste, and abuse, while also advancing national security efforts.
The application of Clearspeed’s technology in these areas has resulted in a 95% reduction in vetting cycle times and a 65% decrease in investigation costs.
Clearspeed co-founder and CEO Alex Martin said: “We’re doubling down on the markets where trust and speed matter most, government, defence, insurance, banking, and expanding globally to meet the growing demand for secure, high-integrity screening.
“We’re investing in our teams, accelerating innovation, and ensuring our technology stays ahead—not just to grow, but to help organisations worldwide realise the strategic advantage of rapidly establishing trust.”
Zurich Insurance Head of Claims Fraud Scott Clayton said: “We see Clearspeed as a powerful complement to an insurer’s multi-layered global risk strategy, offering a streamlined, trust-building experience for customers while helping to make more confident decisions and combat increasingly complex fraud.”
