RingCentral Ventures
20 Davis Dr, Belmont, CA, 94002, United States
Overview
RingCentral Ventures will focus on supporting entrepreneurs and early-stage start-ups.
- Total investments
- 8
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- ElevenLabs
Participated · Series C · Jan 2025
ElevenLabs builds AI voice models and provides voice-as-a-service offerings aimed at enterprise customers, including multilingual automation and in-network AI agent use cases. The company has secured enterprise contracts with customers such as Deutsche Telekom, Revolut, and Klarna. ElevenLabs reported rapid revenue growth, ending last year with nearly $350 million in ARR, adding $100 million in net new ARR in Q1 2026 to reach roughly $450 million, and later surpassing $500 million in ARR. Its valuation climbed from $6.6 billion in September to $11 billion in February. The startup recently acquired the team from Polish voice AI startup Papla to bolster its research capabilities. It has also completed a $100 million tender and is enabling retail investment via Robinhood Ventures as part of its fundraising activity.
- TaskHuman
Participated · Series B · Jun 2022
TaskHuman offers live, on-demand video chats with a global network of specialists across health, wellness, professional development and other personal needs, using an AI-powered natural-language search and a recommendation engine. Users pay with "TaskHuman minutes" for one-to-one sessions, and employers can subscribe to provide unlimited access, content and group sessions to employees. The company says it has over 1,000 coaches across nearly 50 countries and counts customers such as Zoom, Dr. Scholl’s, RingCentral, Purdue University, Oakland Housing Authority and U.S. Department of Labor Job Corps centers. TaskHuman plans to continue global expansion, scale its coach network, and add support for more languages and countries. Management reports annual recurring revenue has grown more than fivefold year over year. The platform emphasizes real-time, personalized engagement as its differentiator versus prerecorded or scheduled coaching offerings. TaskHuman provides an app that lets users instantly discover and connect with a global network of specialists covering nearly 1,000 aspects of daily life, including physical fitness, mental well-being, spiritual, emotional, financial, career and leadership coaching. Led by co-founder and CEO Ravi Swaminathan, the platform offers live 1:1 video calls, group sessions and in-app content. The company works with nearly 1,000 coaches from over 20 countries. Organizations can extend TaskHuman as an employee benefit; customers include Zoom Video Communications, Medidata, Purdue University, RingCentral, IntelyCare, Southwest Transplant Alliance, One Workplace and Freedom Learning Group. TaskHuman raised a $9.5m Series A and has $14.3m in total capital raised to date. The company plans to use the funds for product development, expansion into a wider range of topics, increased hiring and marketing.
- Theta Lake
Participated · Series B · Mar 2022
Theta Lake offers a cloud-native platform that captures, archives, detects, and surfaces regulatory, privacy, and security risks across video, voice, chat, document, and email content. Its product leverages patented machine and deep learning, natural-language processing, and an AI-assisted review workflow to identify risks in what is shared, shown, spoken, and typed. The company maintains certified integrations with leading collaboration providers including Webex by Cisco, Microsoft 365 and Teams, RingCentral, Salesforce, Slack, Vidyard, and Zoom. Theta Lake serves customers across multiple verticals—financial services, the public sector, healthcare, and technology—helping compliance and risk teams increase efficiency while reducing security and compliance costs. The company highlights industry recognition including a 100% would-recommend rating on Gartner Peer Insights and an honorable mention in the 2022 Gartner Magic Quadrant for Enterprise Information Archiving. With a patented approach to video risk detection and over 45 partner integrations, Theta Lake positions itself as a category-defining solution for modern communications compliance. The company intends to continue innovating and scaling its platform globally with strategic partner investments and integrations. Theta Lake’s platform uses patented and multi‑patent pending AI to detect risks across video, visual, voice, chat and document content and integrates with leading collaboration and video‑conferencing tools. The product targets security, data loss/exposure, phishing, account compromise, acceptable use, supervision and compliant archiving for distributed workplaces. Customers across multiple continents and industry verticals leverage the platform, which is SOC 2, Type 2 certified. Theta Lake plans to use new capital to invest in its patented product and to increase service delivery capabilities. The company positions its solution to help organizations protect data and employees while meeting regulatory compliance requirements when using collaboration tools from any location, device or network. Total company funding now stands at $20 million following the announced Series A. Theta Lake provides cloud-based compliance for video, audio, and other modern digital communications. Its patent-pending technology uses AI and deep learning and integrates with audio recording, video marketing, and video conferencing platforms to detect compliance risks in what was said or shown. The company has signed partnerships with Zoom, Vidyard, Videolicious, and RingCentral. Theta Lake plans to use the new funding to develop its platform and increase its market presence. It intends to immediately hire new team members for its California offices in Santa Barbara and San Mateo. Devin Redmond is co-founder and CEO.
- Glia
Participated · Series D · Mar 2022
Glia provides an AI-driven customer service and engagement platform that supports video, voice, messaging, email and chatbot channels and enables agents to screenshare for hands-on assistance. The company counts more than 250 banks, credit unions, insurance companies and other financial-services firms as customers, with financial services representing the majority of its base. Glia says it has handled over 10 billion interactions, a dataset it uses to train its machine-learning models. Revenue grew sharply during the pandemic, with the company reporting a 150% increase between 2020 and 2021. Going forward Glia plans to invest heavily in R&D to build more AI and analytics tools to support agents and to advance its messaging, voice and video solutions. It will also invest in business development to expand internationally and build services for multinational customers, leveraging a partnership with RingCentral; the company is headquartered in New York and has a substantial team in Tallinn, Estonia. Glia provides an integrated digital customer service platform that combines screen-guided agent interactions, virtual customer-service assistants, CRM tooling, natural language suggestions, and computer vision to diagnose and resolve user issues. Its distinguishing capability lets agents proactively join a customer’s app or web page and see or guide the user’s on-screen actions with the user’s awareness. Glia also supplies agent coaching tools—suggested questions, phrasing, and links—to improve response quality and speed. The company has strong traction in financial services and growing adoption in insurance, education, retail and other verticals. Management reported revenues grew 150% in 2020, and the company plans to use new funding to continue product development, scale operations, and pursue acquisitions. CEO Dan Michaeli is based in New York and the company maintains a substantial operation in Estonia; Glia was founded in 2012 (previously known as SaleMove). Glia (formerly SaleMove) is a New York City–based provider of an AI digital customer service platform for financial services companies. Its platform enables communication via Messaging, Video, Voice, CoBrowsing and Artificial Intelligence and integrates these to create a holistic System of Engagement. Led by co-founder and CEO Dan Michaeli, Glia serves financial services customers and maintains additional offices in Tartu and Tallinn, Estonia. On March 13, 2019, Glia raised $20M in a Series B round led by Insight Venture Partners, bringing total fundraising to $29M. As part of the investment, Lonne Jaffe of Insight Venture Partners will join Glia’s board. The company intends to use the funds to expand product development, sales, solutions, and marketing organizations. SaleMove, founded by Justin DePietro and Dan Michaeli and an Entrepreneur Roundtable Accelerator graduate, builds a web-based platform to make high-ticket online sales more personal by connecting visitors with live representatives via text, voice, or video. Visitors activate an action bar to invite an agent who can co-browse with them using a second on-screen cursor while talking. The backend surfaces visitor signals such as general location, browser, page being viewed, and time on site to operators and helps staff planning by showing peak visit times. Setup requires a single line of JavaScript and partner companies pay a set monthly fee per website; startups that have raised under $5 million receive steeply discounted rates. The team is working on a forthcoming iPad app to close the interactivity gap and enable more thorough remote demos. SaleMove has secured $250,000 in seed funding from ERA, Autobytel founder Pete Ellis, and SinglePlatform's Adam Liebman and expected to be live in 20 local dealerships and companies by the end of the month.
- Airmeet
Participated · Series B · Feb 2022
Airmeet offers a 360-degree attendee engagement suite with two product formats—Conference and Social Webinar—enabling webinars, hybrid conferences, trade shows, and workshops. The platform supports up to 100,000 participants and aims to extend into virtual reality and the metaverse to deliver more immersive experiences. Airmeet reports strong growth: recurring revenue scaled 24X since its Series A, it is growing 30% month-over-month, and has enabled more than 120,000 event organizers to stream 150 million minutes of video airtime globally. Over 5,500 brands use Airmeet’s platform to host events every month. The company is remote-first, headquartered in the USA, employs 300+ people across India and North America, and was co-founded in 2019. Airmeet targets marketers, community managers, sales, and customer-relationship teams and plans to invest in R&D and scale its go-to-market function. Airmeet is a virtual-events platform that lets users and businesses host interactive online events with features like backstage areas, table-based networking and sponsor integrations that replicate aspects of physical events. The platform is in public beta and operates on a freemium model, charging businesses based on usage. Airmeet is built on WebRTC, is accessible through Chrome and Firefox, and sessions are end-to-end encrypted; it does not have a native mobile app though mobile browsers can consume sessions. Usage on the platform grew 2,000% over the last quarter without any advertising. In recent months it expanded use cases beyond large conferences to professional meetups at film festivals, university resource fairs and technical industry summits. Airmeet plans to use new funding to add features and scale globally. Airmeet is a virtual meetup management startup that provides tools to organize and manage virtual meetups. The article reports that Airmeet has raised $3 million in a funding round led by Accel India. No other investors were named in the piece. The article does not disclose the funding instrument (equity, debt, etc.), valuation, revenue, or user metrics. There is no information on the company's founding year, location, prior rounds, or detailed product roadmap. The brief report also omits use of proceeds and other strategic plans.
Team
No current team members are available.