Keyvan Mohajer is a computer scientist who is also an entrepreneur. He is the co-founder and Chief Executive Officer of SoundHound, an artificial intelligence voice and speech recognition company. Founded in 2004, SoundHound is valued at $1.57 billion and is one of the most successful voice AI platforms in the world. Some of its key clients include Hyundai, Mercedes-Benz, Pandora, Qualcomm, Netflix, Snap, Square, LG, VIZIO, KIA, and Stellantis.
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Who is Keyvan Mohajer?
Keyvan Mohajer is an Iranian-American computer scientist, business executive, and entrepreneur. Before founding SoundHound in 2004, he founded many dot com ventures. Mohajer is the current Chief Executive Officer (CEO) of SoundHound and the driving force in steering the company to the forefront of the AI voice technology sector.
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Keyvan Mohajer’s Net Worth
Unfortunately, we do not have any reliable information on Keyvan Mohajer net worth. Mohajer owns 10% of the company’s shares, currently traded at an average price of $6.08. If we do the math, Mohajer’s shares are worth around $179 million.
As the CEO of a thriving tech company, Mohajer’s net worth is closely tied to SoundHound’s performance, recent funding rounds, and overall valuation within the industry.
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Education
Keyvan Mohajer completed his BASc in Engineering Science / Electrical Engineering at the University of Toronto from 1996 to 2000.
Following that, he pursued a PhD in Electrical Engineering at Stanford University from 2000 to 2005.
Career
Keyvan Mohajer began his career as the CTO of InsuranceHotline.com in 1999. Following that, he founded Zumo Software in 2000, where he held the role of Founder & CTO until 2004.
In December 2004, he co-founded SoundHound and has been serving as its CEO since then, leading transformative technology initiatives aimed at improving lives.
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Fundings and Updates
SoundHound has witnessed significant financial backing since its inception. By 2015, it had already accumulated $40 million in investments from various venture capital firms, such as Global Catalyst Partners, Translink Capital, and Walden Venture Capital.
In 2017, SoundHound garnered an impressive $75 million from an investment round, attracting the attention of tech giants Nvidia, Samsung, Kleiner Perkins Caulfield & Byers, and others. By the next year, it had reached a staggering $1 billion valuation.
In May 2018, SoundHound announced an additional $100 million in funding, with the round led by Chinese conglomerate Tencent.
Three years later, the company merged with Archimedes Tech SPAC Partners Co. In April 2022, the transaction successfully closed, attracting a $111 million investment from prominent players such as Oracle, Qatar First Bank, Koch Industries, MKaNN Ventures, Cota Capital, VIZIO, HTC, and FIH Mobile, a subsidiary of Foxconn Technology Group.
SoundHound’s Q1 earnings of 2024 were phenomenal. The company’s reported revenue was $11.6 million, an increase of 73% year-over-year. The company’s cash balance was $226 million at the end of the first quarter.
In May 2024, SoundHound announced a partnership with Perplexity AI to bring “the power of real-time web search to voice assistants across cars, TVs, IoT devices, and more.”
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FREQUENTLY ASKED QUESTIONS
Who is the CEO of Sound Hound?
The CEO of SoundHound is Keyvan Mohajer. Mohajer is also the co-founder of the voice AI company and owns 10% of the company’s shares. He founded SoundHound in 2004.
Where is SoundHound headquarters?
The Headquarters of SoundHound, the voice AI company, is located in Santa Clara, California, United States. The company was founded in 2004 by Keyvan Mohajer.
How much of SoundHound does Keyvan Mohajer own?
Owning 10% of SoundHound’s shares, CEO Keyvan Mohajer holds a significant stake in the company. At the current average share price of $6.08, Mohajer’s shares are valued at around $179 million.
