Categories: Cloud & SaaS

Talkatoo Raises New Capital to Support Continued Growth in Veterinary Segment; Oversubscribed Round of Funding Led by Klick Ventures

Deal at Innovative Speech-to-Text Dictation Software Company Represents Unique Case of Google for Startups Accelerator Mentorship Program Leading to Major Investment

Talkatoo, creators of the easy-to-use, efficient, and platform-agnostic dictation software for animal health professionals, announced it has closed a new, oversubscribed round of funding, led by Klick Ventures.

“Talkatoo’s ability to provide veterinary professionals with a simple, elegant, and empowering voice-enabled solution that’s consistent and reliable across devices will have an incredible impact on the industry. At Google, we’re proud to be part of their journey.”

Klick is joined in the investment by Blu Ventures, Concrete Ventures, Manifold Group, Globalive Capital, as well as notable angel investor Dr. Ivan Zak, CEO at Galaxy Vets. The capital from the U.S. and Canadian investors will be used to further accelerate Talkatoo’s explosive double-digit growth and leadership in the animal health sector.

“Talkatoo is quickly becoming known among veterinary professionals as the dictation tool of choice as it lets them allocate more time to patient care,” said company CEO Shawn Wilkie. “Not only does our software instantly transcribe notes on all applications, but it leverages both artificial intelligence and our proprietary, built-in medical dictionary to help ensure that complicated medical terms are identified and accurately transcribed in clinical reports, records, and other important communications.”

“We love Talkatoo’s innovative approach to solving an important unmet need in the animal health space,” said Leerom Segal, Co-Founder, Chairman, and CEO of the Klick Group. “We are very excited about Talkatoo’s future and the competitive advantage they offer as professional organizations increasingly adopt voice technology for added convenience and productivity at work.”

One of only 12 companies selected to the exclusive Google for Startups Accelerator program’s Voice AI cohort, Talkatoo was originally paired up with Klick for mentorship.

Head of Google’s U.S. Startup Developer Ecosystem Jason Scott said Klick’s investment in Talkatoo is a rare instance of a program mentor becoming an investor, which speaks volumes about both Klick’s commitment to health innovation and the strength of Talkatoo’s product offering.

Voice AI cascading into animal health

“We were thrilled to welcome Talkatoo into our inaugural Google for Startups Accelerator: Voice AI program,” said Scott. “Talkatoo’s ability to provide veterinary professionals with a simple, elegant, and empowering voice-enabled solution that’s consistent and reliable across devices will have an incredible impact on the industry. At Google, we’re proud to be part of their journey.”

Google Research Scientist Bill Byrne, a speech and dialogue interface pioneer, said, “We expect continued growth in the Voice AI market as it cascades into industry verticals with breakthrough tools that provide value to business professionals and enhance the workplace. Talkatoo’s vision of providing veterinary professionals with an innovative and enjoyable voice recognition experience across various devices will undoubtedly drive adoption in this space.”

According to Segal, “The more we got to know Shawn, his vision, and the impressive inroads he and his team have been making in animal health, the more we wanted to invest in Talkatoo and help contribute to their success as a disruptive market leader.”

Talkatoo has been called “an invaluable resource to the veterinary community” by industry insiders. Earlier this year, Patterson Veterinary announced it was providing Talkatoo software to thousands of veterinary practices across the U.S. through its veterinary practice management software.

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