Clearspeed, a global leader in voice-based risk assessment technology, has announced it secured $60 million in Series D funding, bringing its total funding to $110 million.
The funding round was led by Align Private Capital. Additional participation came from IronGate Capital Advisors, Bravo Victor Venture Capital, and KBW Ventures. General David H. Petraeus (US Army, Ret.), a former CIA Director and Commander of U.S. Central Command, also joined as a multi-round investor.
In conjunction with the investment, Anna Nekoranec, Co-Founder and CEO of Align Private Capital, has been appointed to Clearspeed’s Board of Directors. “Clearspeed’s AI-enabled voice analytics delivers outsized value for personnel vetting, insider threat mitigation, and enterprise security—where building trust quickly is paramount,” stated General David H. Petraeus.
Nekoranec commented on Clearspeed’s capabilities, stating, “Clearspeed has demonstrated true dual-use potential—with scalable commercial results and meaningful impact in high-stakes environments. It’s rare to see a solution that can reduce fraud, mitigate security threats, and save significant costs without creating friction for the end user. This is the innovation needed to build smarter, more human-centered systems of trust.”
In the insurance sector, Clearspeed’s technology has shown a return on investment exceeding 30X by assessing risk early in the claims and underwriting processes. This facilitates faster, more accurate decisions, improving customer outcomes, including a 50% reduction in claims handling time and a 40% increase in immediate customer payments. Zurich Insurance, a global multi-line insurer serving 75 million customers across more than 200 countries, has notably accelerated claims payments to customers where Clearspeed has been implemented.
Scott Clayton, Head of Claims Fraud at Zurich Insurance, remarked, “We see Clearspeed as a powerful complement to an insurer’s multi-layered global risk strategy—offering a streamlined, trust-building experience for customers while helping to make more confident decisions and combat increasingly complex fraud.”
Government stakeholders increasingly recognize Clearspeed’s commercial success as vital for combating fraud, waste, and abuse, and for advancing national security objectives such as countering threat financing, drug testing, personnel vetting, and partner force screening. Agencies utilizing Clearspeed have reported a 95% reduction in vetting cycle time and a 65% decrease in investigation costs.
Alex Martin, Co-Founder and CEO of Clearspeed, articulated the company’s future direction following the investment. “This investment propels Clearspeed into a bold new chapter. We’re doubling down on the markets where trust and speed matter most—government, defense, insurance, banking—and expanding globally to meet the growing demand for secure, high-integrity screening. We’re investing in our teams, accelerating innovation, and ensuring our technology stays ahead—not just to grow, but to help organizations worldwide realize the strategic advantage of rapidly establishing trust.”
Founded in 2016, San Diego-headquartered Clearspeed’s proprietary voice analytics technology identifies potential risk in speech by analyzing vocal characteristics. Initially developed for the U.S. Department of Defense, the technology has commercial applications for insurers, financial institutions, and other enterprises to assess risks such as fraud and insider threats, generate operational savings, and enhance customer experience. Clearspeed’s technology is bias-free, supports over 60 languages, and is used in 37 countries. The company has received more than 25 industry awards, including recognition from CNBC as a World’s Top InsurTech Company.