SoundHound SPAC Presentation Deck
SoundHound Inc. Investment Highlights
Best-in-Class Voice Al Technology With Over 15 Years of Development and Innovation
Fully integrated voice Al solution including cloud, embedded, and hybrid solutions
Industry-leading Speech-to-Meaning® and Speech-to-Text technology surpassing competitors in speed, accuracy, and complexity
Leading Independent Voice Al Platform
Strongest global choice for custom branded voice assistants vs. a "big tech" product takeover, resulting in strong positioning and adoption
Large technical barriers to entry makes it impractical for new players to enter the market
In Production at Scale With Global Brands and Over 1B Queries Projected in 2021
Custom voice assistants live in Mercedes-Benz, Hyundai, Honda, Pandora, Snapchat, White Castle, Vizio, and more
10x growth in Houndify traffic in the past 2 years, 2x in ~6 months, and projected to surpass 1B annual queries in 2021
$100M+ Bookings Backlog and Unparalleled Strategic Partnerships Across Industries
$1B+ of overall annual revenue forecast within 5 years, with a large portion from existing customers
Combined reach of over 2B users through strategic partners and investors
Massive $160B+ Total Addressable Market
75B connected devices worldwide by 2025¹
Over 8B voice assistants projected by 2024²
Robust and Foundational IP
227 patents granted or pending
Includes Speech Recognition, Natural Language, Machine Learning, and more
Experienced and Visionary Management Team
Deep technical expertise and proven track record of constant innovation and value creation
Long-tenured team with deep expertise and proven ability to attract and retain the best talent
(1) Statista projected number by 2025, (2) Juniper: Voice Assistant Market (April 2020)
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