Bullish

Fish Audio Secures $50M Seed Round With $21M ARR And 8M Users

2026-07-28 22:08:40

AI voice startup Fish Audio closes $50M seed round led by Coreline Ventures. The firm reports $21M annual recurring revenue and 8 million users across its open-source and hosted models.

Woofun AI reports that Fish Audio has finalized a $50 million seed financing round. Coreline Ventures and Capital Today led the investment, with participation from 359 Capital, Parable, Play Time, Alphalist Partners, Bayhouse Ventures, Carya Venture Partners, and HF0.

Founded by former NVIDIA researcher Shijia Liao, the company has released five models, including four speech generation and one speech-to-text model. While three speech generation models remain open-source, the latest S2.1 Pro is available via paid API. The project’s GitHub repository holds over 31,000 stars, and the startup has accumulated 8 million users with $21 million in annual recurring revenue.

WOOFUN AI

Impact Assessment · Quick Read

Securing $50M at the seed stage signals strong investor confidence in commercial AI voice synthesis. The combination of significant open-source adoption (31k stars) and substantial recurring revenue ($21M ARR) demonstrates a viable hybrid monetization strategy. This funding may accelerate competition in the generative audio sector, potentially pressuring incumbents to lower API costs or improve model accessibility.
Generated by WOOFUN AI · For reference only, not investment advice

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