C

Cerence

CRNC

Application

Automotive voice AI supplier whose xUI platform runs on its own CaLLM model family, giving carmakers an in-cabin assistant that works partly on the vehicle's own hardware rather than only in the cloud.

Total funding—

Market cap$384.9M

Employees1,300

Founded2019

HeadquartersBurlington, USA

StatusPublic

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

• Cerence xUI Platform Sold on its own

  Hybrid generative-AI platform for the car cabin built on Cerence's own CaLLM model family, splitting work between the vehicle's embedded hardware and the cloud so the assistant still answers with no connection.

• Cerence Assistant Application Sold on its own

  Turnkey in-car voice assistant that carmakers deploy as-is, running core functions onboard the vehicle while reaching the cloud for live information such as news, weather and flight updates.

• Cerence Voice Lab Developer tool Sold on its own

  Self-service cloud portal where developers upload their own audio to benchmark Cerence's speech recognition engines on word error rate, latency and confidence, and audition and tune the text-to-speech voice library in the browser.

• Car Knowledge Application

  Delivers vehicle-specific insights through AI-refined search, answering questions about the vehicle.

• Chat Pro Application

  Brings friendly, free-flowing small talk to the car -- contextual in-car conversation distinct from vehicle-specific Q&A.

Inside Cerence AI Agents

• Mobile Work Agent Application

  Turns drive time into productive time: a voice-based work assistant for drivers.

• Ownership Companion Agent Application

  Always-available personal OEM representative that helps drivers understand and maintain their vehicle.

• Dealer Assist Agent AI agent

  Handles dealership customer inquiries as part of Cerence's automotive AI agents portfolio.

Inside Cerence Audio AI

• Speech Signal Enhancement Application

  Removes noise, unwanted sounds and speech interference from in-vehicle audio.

• In-Car Communication Application

  Optimises conversations between vehicle occupants across rows.

• Emergency Vehicle Detection Application

  Acoustically detects a wide range of global sirens to alert the driver.

Closest alternatives 1

SASoundHound AIPublic · $3.1BCerence FY2025 Form 10-K, Competition. Both cerence-xui and SoundHound's OASYS carry generate-speech-audio in their own needs tags.2 of 5 capabilitiesShared product typeSame scale bandNamed in filingCreate synthetic voice and audioCompare

Similar products 86

How this list is ranked ↗

KKrispPrivateCerence Voice Lab and Krisp Voice Isolation SDK do comparable work on speech to text; Krisp's scale not recorded.1 of 5 capabilitiesShared product typeCompareCCartesiaPrivateCerence Voice Lab and Sonic / Ink do comparable work on speech to text and text to speech; both also serve buyers who need to create synthetic voice and audio and turn speech into text; Cartesia's scale not recorded; ships API service rather than the same layer.2 of 5 capabilitiesDifferent layerCompareOOraclePublic · $454.4BCerence Voice Lab and OCI Speech do comparable work on speech to text and text to speech; both also serve buyers who need to create synthetic voice and audio and turn speech into text; larger scale (public).4 of 5 capabilitiesShared product typeLarger scaleCompareNNiCEPublic · $6.5BDealer Assist Agent and AI Agents for Self-Service do comparable work on voice agent; larger scale (public).4 of 5 capabilitiesShared product typeLarger scaleCompareDDeepLPrivate · $2BCerence Assistant and DeepL Voice for Meetings do comparable work on speech to text and text to speech; larger scale (private).2 of 5 capabilitiesShared product typeLarger scaleCompareAAmazonPublic · $2.8TCar Knowledge and Alexa+ do comparable work on voice agent; both also serve buyers who need to use an everyday AI assistant; larger scale (public).5 of 5 capabilitiesShared product typeLarger scaleCompareSSpeakPrivate · $162M raisedCar Knowledge and Speak for Business do comparable work on voice agent; similar scale (private).2 of 5 capabilitiesShared product typeCompareSSierraPrivate · $15.8BDealer Assist Agent and Sierra do comparable work on voice agent; larger scale (private).3 of 5 capabilitiesShared product typeLarger scaleCompareAAdobePublic · $115.9BCerence Voice Lab and Adobe Podcast do comparable work on speech to text; both also serve buyers who need to create synthetic voice and audio and turn speech into text; larger scale (public).2 of 5 capabilitiesShared product typeLarger scaleCompareTTwilioPublic · $36.5BCerence Voice Lab and Conversation Relay do comparable work on speech to text and text to speech; both also serve buyers who need to create synthetic voice and audio and turn speech into text; larger scale (public).4 of 5 capabilitiesShared product typeLarger scaleCompareYYellow.aiPrivateDealer Assist Agent and Nexus Vox do comparable work on voice agent; Yellow.ai's scale not recorded.3 of 5 capabilitiesShared product typeCompareFRFurhat RoboticsPrivateCerence xUI and Furhat robot do comparable work on speech to text, text to speech and voice agent; both also serve buyers who need to create synthetic voice and audio; Furhat Robotics's scale not recorded.3 of 5 capabilitiesShared product typeCompareYYandexPublicCerence xUI and Yandex SpeechKit do comparable work on speech to text, text to speech and voice agent; both also serve buyers who need to create synthetic voice and audio and turn speech into text; Yandex's scale not recorded.4 of 5 capabilitiesShared product typeCompareLLivePersonAcquiredDealer Assist Agent and LivePerson Voice AI do comparable work on voice agent; LivePerson is acquired, with no independent scale.2 of 5 capabilitiesShared product typeCompareSSynthesiaPrivate · $4BCerence Assistant and Synthesia do comparable work on text to speech; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareCCognigyAcquiredCar Knowledge and Cognigy Voice Gateway do comparable work on voice agent; Cognigy is acquired, with no independent scale.3 of 5 capabilitiesShared product typeCompareRRespeecherPrivate · $4M raisedCerence xUI and Respeecher Text-to-Speech API do comparable work on text to speech and voice agent; both also serve buyers who need to create synthetic voice and audio; similar scale (private).2 of 5 capabilitiesShared product typeCompareGGenesysPrivateCerence xUI and Genesys Cloud CX do comparable work on voice agent; both also serve buyers who need to create synthetic voice and audio; larger scale (private).3 of 5 capabilitiesShared product typeCompareLLinagoraPrivateCerence Assistant and LinTO do comparable work on speech to text; Linagora's scale not recorded.1 of 5 capabilitiesShared product typeCompareMMicrosoftPublic · $3.7TCerence Voice Lab and Azure Speech in Foundry Tools do comparable work on speech to text and text to speech; both also serve buyers who need to turn speech into text; larger scale (public).4 of 5 capabilitiesShared product typeLarger scaleCompareAAbridgePrivate · $5.3BCerence Assistant and Abridge for Nurses do comparable work on speech to text; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareZZoomPublic · $28.7BDealer Assist Agent and Zoom Virtual Agent do comparable work on voice agent; larger scale (public).5 of 5 capabilitiesShared product typeLarger scaleCompareSServiceNowPublic · $130.1BDealer Assist Agent and AI Agents do comparable work on voice agent; larger scale (public).3 of 5 capabilitiesShared product typeLarger scaleCompareCCrescendoPrivate · $500MDealer Assist Agent and Crescendo Concierge do comparable work on voice agent; similar scale (private).1 of 5 capabilitiesShared product typeComparePParloaPrivate · $3BDealer Assist Agent and Parloa AMP do comparable work on voice agent; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareGGensparkPrivate · $645M raisedCerence Voice Lab and Speakly do comparable work on speech to text; both also serve buyers who need to turn speech into text; similar scale (private).2 of 5 capabilitiesShared product typeCompareWFWispr FlowPrivate · $2BCerence Assistant and Wispr Flow Dictation do comparable work on speech to text; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareCCrestaPrivate · $1.6BDealer Assist Agent and Cresta AI Agent do comparable work on voice agent; larger scale (private).3 of 5 capabilitiesShared product typeLarger scaleCompareKKakaoPublic · $16BCerence Assistant and Kanana do comparable work on speech to text and text to speech; larger scale (public).3 of 5 capabilitiesShared product typeLarger scaleCompareWLWellSaid LabsPrivateCerence Voice Lab and WellSaid Labs voice platform do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; WellSaid Labs's scale not recorded.1 of 5 capabilitiesShared product typeCompareFForethoughtPrivate · $115M raisedDealer Assist Agent and Forethought Voice do comparable work on voice agent; similar scale (private).2 of 5 capabilitiesShared product typeCompareHHaptikAcquired ($112M deal)Dealer Assist Agent and Voice AI Agents do comparable work on voice agent; Haptik is acquired, with no independent scale.3 of 5 capabilitiesShared product typeCompareEEliseAIPrivate · $384M raisedDealer Assist Agent and EliseAI do comparable work on voice agent; similar scale (private).1 of 5 capabilitiesShared product typeCompareZZendeskPrivate · $10.2BCar Knowledge and Zendesk Contact Center do comparable work on voice agent; larger scale (private).3 of 5 capabilitiesShared product typeLarger scaleCompareGGranolaPrivate · $1.5BCerence Assistant and Granola do comparable work on speech to text; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareEElevenLabsPrivate · $11BCerence Assistant and Dubbing do comparable work on text to speech; larger scale (private).3 of 5 capabilitiesShared product typeLarger scaleCompareLLListen LabsPrivate · $100M raisedCar Knowledge and Listen do comparable work on voice agent; similar scale (private).1 of 5 capabilitiesShared product typeCompareDDuolingoPublic · $7.3BCar Knowledge and Duolingo Max do comparable work on voice agent; larger scale (public).2 of 5 capabilitiesShared product typeLarger scaleCompareFFathomAcquiredCerence Assistant and Fathom do comparable work on speech to text; Fathom is acquired, with no independent scale.1 of 5 capabilitiesShared product typeCompareAAtlassianPublic · $48.2BCar Knowledge and Customer Service Management do comparable work on voice agent; larger scale (public).2 of 5 capabilitiesShared product typeLarger scaleCompareDDecagonPrivate · $4.5BDealer Assist Agent and Decagon do comparable work on voice agent; larger scale (private).3 of 5 capabilitiesShared product typeLarger scaleCompareOOtter.aiPrivateCerence Assistant and OtterPilot do comparable work on speech to text; Otter.ai's scale not recorded.1 of 5 capabilitiesShared product typeCompareXXiao-iPublicCerence xUI and Xiao-i cognitive intelligence platform do comparable work on voice agent; both also serve buyers who need to create synthetic voice and audio; smaller scale (public).1 of 5 capabilitiesShared product typeCompareBBridgeMindPrivateCerence Assistant and BridgeVoice do comparable work on speech to text; BridgeMind's scale not recorded.2 of 5 capabilitiesShared product typeComparePPlayAIPrivateCerence Voice Lab and Play.ht do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; PlayAI's scale not recorded; ships API service rather than the same layer.1 of 5 capabilitiesDifferent layerCompareFFive9Public · $2.7BDealer Assist Agent and Five9 Genius AI do comparable work on voice agent; same layer and the same scale band (small-cap).1 of 5 capabilitiesShared product typeSame scale bandCompareRRingCentralPublic · $2.3BCerence Assistant and AI Conversation Expert (ACE) do comparable work on speech to text; same layer and the same scale band (small-cap).1 of 5 capabilitiesShared product typeSame scale bandCompareEEvenUpPrivate · $2BDealer Assist Agent and EvenUp Communication Agents do comparable work on voice agent; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareHHeyGenPrivate · $500MCerence Assistant and HeyGen Video Translator do comparable work on text to speech; similar scale (private).1 of 5 capabilitiesShared product typeCompareDDeepgramPrivate · $1.3BMobile Work Agent and Deepgram Voice Agent API do comparable work on voice agent; larger scale (private); ships API service rather than the same layer.4 of 5 capabilitiesDifferent layerLarger scaleCompareSSpeechmaticsPrivateCerence Voice Lab and Voice Agent API do comparable work on speech to text and text to speech; both also serve buyers who need to create synthetic voice and audio and turn speech into text; Speechmatics's scale not recorded.3 of 5 capabilitiesShared product typeCompareRSRosetta StoneAcquiredCerence Assistant and Rosetta Stone Sapphire do comparable work on speech to text; Rosetta Stone is acquired, with no independent scale.1 of 5 capabilitiesShared product typeCompareAHAmbience HealthcarePrivate · $1.3BCerence Assistant and Ambience do comparable work on speech to text; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareKHKakao HealthcarePrivateCerence Assistant and PASTA do comparable work on speech to text; Kakao Healthcare's scale not recorded.1 of 5 capabilitiesShared product typeCompareMAMistral AIPrivate · $13.8BCerence Assistant and Mistral Speech do comparable work on speech to text, text to speech and voice agent; larger scale (private).3 of 5 capabilitiesShared product typeLarger scaleCompareSASarvam AIPrivate · $275M raisedCar Knowledge and Sarvam Voice Agents do comparable work on voice agent; similar scale (private).3 of 5 capabilitiesShared product typeCompareRAResemble AIPrivateCerence Assistant and Security Awareness Training do comparable work on text to speech and voice agent; Resemble AI's scale not recorded.3 of 5 capabilitiesShared product typeCompareSStepFunPrivate · $10BCerence Voice Lab and 阶跃星辰 AI Studio (StepFun AI Studio) do comparable work on speech to text and text to speech; both also serve buyers who need to create synthetic voice and audio and turn speech into text; larger scale (private).4 of 5 capabilitiesShared product typeLarger scaleCompareAApplePublic · $4.6TCar Knowledge and Siri AI do comparable work on voice agent; larger scale (public).1 of 5 capabilitiesShared product typeLarger scaleCompareNCNAVER CloudPrivateCerence Assistant and CLOVA AiCall do comparable work on speech to text, text to speech and voice agent; NAVER Cloud's scale not recorded.3 of 5 capabilitiesShared product typeCompareHAHippocratic AIPrivate · $3.5BDealer Assist Agent and Hippocratic AI Healthcare Agents do comparable work on voice agent; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareRRunwayPrivate · $5.3BCar Knowledge and Runway Characters do comparable work on voice agent; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareUUniphorePrivate · $2.5BCerence Assistant and Self-Service Agent do comparable work on speech to text and voice agent; larger scale (private).3 of 5 capabilitiesShared product typeLarger scaleCompareCCaptionsPrivate · $500MCerence Assistant and Captions do comparable work on speech to text; similar scale (private).1 of 5 capabilitiesShared product typeCompareFFirefliesPrivateCerence Assistant and Fireflies.ai meeting assistant do comparable work on speech to text; Fireflies's scale not recorded.1 of 5 capabilitiesShared product typeCompareCCiscoPublic · $433.3BDealer Assist Agent and Webex AI Agent do comparable work on voice agent; larger scale (public).4 of 5 capabilitiesShared product typeLarger scaleCompareOOpenAIPrivate · $852BCerence Voice Lab and OpenAI API do comparable work on speech to text and text to speech; both also serve buyers who need to create synthetic voice and audio and turn speech into text; larger scale (private).4 of 5 capabilitiesShared product typeLarger scaleCompareFFinAcquired ($3.6B deal)Dealer Assist Agent and Fin Voice do comparable work on voice agent; Fin is acquired, with no independent scale.2 of 5 capabilitiesShared product typeCompareAHAssort HealthPrivate · $1.2BDealer Assist Agent and Assort Concierge do comparable work on voice agent; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareXxAIAcquired ($230B deal)Cerence Voice Lab and Grok Voice do comparable work on speech to text and text to speech; both also serve buyers who need to create synthetic voice and audio and turn speech into text; xAI is acquired, with no independent scale.4 of 5 capabilitiesShared product typeCompareLSLM StudioPrivateCerence Assistant and LM Studio both serve buyers who need to use an everyday AI assistant; LM Studio's scale not recorded.1 of 5 capabilitiesShared product typeCompareMLMintplex LabsPrivateCerence Assistant and AnythingLLM both serve buyers who need to use an everyday AI assistant; Mintplex Labs's scale not recorded.Shared product typeCompareAAlphabet (Google)Public · $4.2TDealer Assist Agent and Gemini Enterprise for Customer Experience do comparable work on voice agent; larger scale (public).5 of 5 capabilitiesShared product typeLarger scaleCompareMMiniMaxPublic · $12.6BCerence Assistant and 星野 (Xingye) both serve buyers who need to use an everyday AI assistant; larger scale (public).2 of 5 capabilitiesShared product typeLarger scaleCompareHAHume AIPrivateCerence Voice Lab and Octave TTS do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; Hume AI's scale not recorded.3 of 5 capabilitiesShared product typeCompareAAssemblyAIPrivate · $115M raisedCerence Voice Lab and AssemblyAI Universal Speech-to-Text API do comparable work on speech to text; both also serve buyers who need to turn speech into text; similar scale (private); ships API service rather than the same layer.1 of 5 capabilitiesDifferent layerComparePPerplexityPrivate · $20.4BCerence Assistant and Perplexity both serve buyers who need to use an everyday AI assistant; larger scale (private).1 of 5 capabilitiesShared product typeLarger scaleCompareSESamsung ElectronicsPublic · $1.2TCerence Assistant and Bixby do comparable work on speech to text and voice agent; larger scale (public).2 of 5 capabilitiesShared product typeLarger scaleCompareMMoveworksAcquiredCerence Assistant and Moveworks Quick GPT both serve buyers who need to use an everyday AI assistant; Moveworks is acquired, with no independent scale.1 of 5 capabilitiesShared product typeCompareBByteDancePrivateCerence Assistant and Doubao (豆包) both serve buyers who need to use an everyday AI assistant; larger scale (private).2 of 5 capabilitiesShared product typeCompareTTencentPublic · $510.1BCerence xUI and Tencent Cloud TTS do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; larger scale (public).3 of 5 capabilitiesShared product typeLarger scaleCompareNNVIDIAPublic · $5.1TCerence xUI and NVIDIA Riva do comparable work on speech to text and text to speech; larger scale (public).5 of 5 capabilitiesShared product typeLarger scaleCompareSSuperhumanPrivateCerence Assistant and Superhuman Go both serve buyers who need to use an everyday AI assistant; Superhuman's scale not recorded.1 of 5 capabilitiesShared product typeCompareHCHuawei CloudPrivateCerence Voice Lab and Short Sentence Recognition do comparable work on speech to text; both also serve buyers who need to turn speech into text; Huawei Cloud's scale not recorded.1 of 5 capabilitiesShared product typeCompareFAFireworks AIPrivate · $17.5BCerence xUI and Fireworks Speech Recognition do comparable work on speech to text; both also serve buyers who need to turn speech into text; larger scale (private); ships API service and model API rather than the same layer.2 of 5 capabilitiesDifferent layerLarger scaleCompareRRunPodPrivateCerence Voice Lab and Public Endpoints do comparable work on text to speech; both also serve buyers who need to create synthetic voice and audio; RunPod's scale not recorded.1 of 5 capabilitiesShared product typeCompare

Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Market cap

Third-party database · 2 Sep 2026

Market capitalisation $384.91M, share price $8.51, page stamped "At close: Sep 2, 2026, 4:00 PM EDT".

Employees

Regulatory filing · 30 Sep 2025

Same Form 10-K: "As of September 30, 2025, we had approximately 1,300 full-time employees, with approximately 300 in professional services, and approximately 700 in research and development." Recorded as 1,300 — the filing says approximately. Wikipedia gives c. 1,400 for 2024.

Founded

Wikipedia · 2 Sep 2026

Infobox gives founded 2019.

Revenue (TTM)

Regulatory filing · 30 Sep 2025

Cerence Inc. Form 10-K for the fiscal year ended 2025-09-30, filed 2025-11-20, CIK 0001768267. Revenue $251,781 thousand, from the filing's own us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax fact via SEC XBRL. Wikipedia's infobox gives US$332 million for 2024; the decline is real and matches the headcount reduction below, not a units error.

Description

Official documentation · 9 Sep 2026

Their own xUI page: xUI "seamlessly integrates cloud and edge AI" and keeps working "even when the vehicle is offline", powered by "Cerence Automotive Large Language Model (CaLLM)." The hybrid on-device/cloud claim holds exactly as written.

Open Cerence in the directory

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