When was Cerence founded?

Cerence was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Cerence located?

Cerence is headquartered in Burlington, United States. It is registered at Burlington, Massachusetts.

How many employees does Cerence have?

As of May 31, 2026, the latest employee count at Cerence is 1197.

Is Cerence a funded company?

Cerence is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on May 29, 2020.

When was the latest funding round of Cerence?

Cerence's latest funding was a $***** Grant (prize money) round on Jan 01, 2021, with participation from 1 investor.

What is the annual revenue of Cerence?

Annual revenue of Cerence is between $100M and $500M as on Sep 30, 2025

Where does Cerence rank among its competitors?

Cerence ranks 2nd amongst 220 active competitors, of which 15 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Hi Auto, which secured $15M in Apr, 2025.

Who are the top competitors of Cerence?

Cerence's top competitors include Drivemode, drivebuddyAI and FordPass. Among them, Hi Auto secured the most recent funding round in April, 2025.

Cerence - 2026 Company Profile, Team, Funding, Competitors & Financials

Cerence is a public company based in Burlington (United States), founded in 2019. It operates as a Developer of voice and AI solutions for automotive and transportation industries. Cerence has raised an undisclosed amount in funding. The company has 220 active competitors, including 15 funded and 2 that have exited. Its top competitors include companies like Drivemode, drivebuddyAI and FordPass.

Company Details

Developer of voice and AI solutions for automotive and transportation industries. The company delivers custom AI solutions that integrate with vehicles. It provides technology for infotainment systems, empowering brands to maintain control over data. The company advances generative AI and LLM-powered innovation for transportation user experiences. It works with teams to design next generation infotainment systems.

Website: www.cerence.com/
Social
Email ID: *****@cerence.com
Phone Number: +1 **********
Registered Address: Burlington, Massachusetts

Key Metrics

Founded Year

2019

Location

Burlington, United States

Stage

Public

Latest Funding Round

Grant (prize money), Jan 01, 2021, $*****

Investors

Europa

Ranked

2^nd among 220 active competitors

Annual Revenue

$100M - $500M as on Sep 30, 2025

Employee Count

1,197 as on May 31, 2026

Investment & Acquisitions

Cerebrumx Ai

Similar Companies

Waymo & 563 more

Exit Details

Public

View Cerence's full profile

Cerence is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Cerence Operating Company CIN: 841730382 , United States, Active	Dec 31, 1999	-	99 (As on Dec 31, 2024)	-
CERENCE LIMITED CIN: 12000685 , United Kingdom, Active	May 15, 2019	£1M - £10M (As on Sep 30, 2023)	14 (As on Sep 30, 2023)
CERENCE INC. CIN: 1768267 , United States, Active	Feb 13, 2019	$100M - $500M (As on Sep 30, 2025)	1700 (As on Sep 30, 2023)	-

Cerence got listed on Sep 16, 2019.

Click here to take a look at Cerence's IPO in detail

Cerence has raised funding over 2 rounds. Its first funding round was on May 29, 2020. Its latest funding round was a Grant (prize money) round on Jan 01, 2021 for $*****. 1 investor participated in its latest round. Cerence has 1 institutional investor.

Here is the list of recent funding rounds of Cerence:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 01, 2021	8610191	Grant (prize money)	7362416	3390813	3488356	1497122
May 29, 2020	8497582	Post IPO	6309489	8885404	6698904	9507707

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Cerence's employee count trend

Cerence has 1,197 employees as of May 26. Here is Cerence's employee count trend over the years:

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Top competitors of Cerence include Drivemode, drivebuddyAI and FordPass. Here is the list of Top 10 competitors of Cerence, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Drivemode 2014, San Jose (United States), Acquired	App-based digital assistance for driver	$11.8M	Panasonic, Honda Xcelerator Ventures & 5 others	63/100
2nd	Cerence 2019, Burlington (United States), Public	Developer of voice and AI solutions for automotive and transportation industries	-	Europa	49/100
3rd	drivebuddyAI 2018, Ahmedabad (India), Seed	Developer of an AI-powered platform for driver and fleet safety	-	Roadzen	48/100
4th	FordPass 2016, Detroit (United States), Unfunded	A marketplace of mobility services by Ford	-	-	47/100
5th	Signo 2018, Noida (India), Unfunded	AI-driven driver sourcing platform	-	-	45/100
6th	EasyConnection 2013, China, Unfunded	Provider of tech-enabled connectivity and digital assistance solutions for cars	-	-	44/100
7th	ContinUse Biometrics 2015, Tel Aviv (Israel), Series B	Contactless biometric sensor for the continuous monitoring of biomedical parameters	$21M	Tyco, Chartered Group & 7 others	44/100
8th	Track Master 2008, Chandigarh (India), Unfunded	Provider of GPS-based vehicle tracking systems	-	-	43/100
9th	Hi Auto 2018, Tel Aviv (Israel), Series A	AI-power speech recognition platform for automobiles	$19.5M	Delek Motors, Goldbell & 6 others	43/100
10th	OtoZen 2013, San Jose (United States), Unfunded	Provider of Saas-enabled driving assistance system	-	-	42/100