Today, Freya announces a $3.5 million seed round, with participation from Y Combinator, Rebel Fund, 212 VC, N1 Tech, BD Partners, and several angel investors. The round was oversubscribed within two weeks and closed shortly after Y Combinator’s Demo Day.
Freya was founded by Tunga Bayrak from Turkey and Czech Tomáš Nepala, who met while studying at the University of Pennsylvania. Tunga studied computer science at the School of Engineering, leading the Quantum Computing Club, while Tomáš studied business at the Wharton School, where he competed in national stock pitch competitions and gained experience across the financial services industry.
After their sophomore year, they both left university to found their first startup, MotionShark, an AI tutoring platform for SAT and ACT preparation. Their first investment offer came from Mark Cuban, whose Shark Tank company Prep Expert became a distributor to hundreds of their students.
Building on that experience, the founders decided to go bigger and after being accepted into Y Combinator, they launched Freya, aiming to transform voice automation from a frustrating experience into a powerful, humanlike communication tool for business.
Building humanlike AI for real conversations
Freya enables organizations to automate business phone conversations through secure, humanlike voice AI agents.¨Its platform allows clients to design, test, and deploy agents for both inbound and outbound calls, handling complex workflows that require precision, compliance, and a natural customer experience.
Most of Freya’s clients are in the financial sector, including banking, fintech, and insurance industries, where trust, accuracy, and data security are paramount.
The company offers end-to-end implementation in both cloud and on-premise environments and develops proprietary models optimized for specific languages and use cases.
This gives enterprises the ability to run 24/7 customer operations with faster response times, lower costs, and higher satisfaction — without scaling traditional call centers.
“Freya helped us stand up a 24/7 voice operation for our embedded BNPL product — without a call center. Their agent handles outbound reminders and inbound FAQs end-to-end, follows our policies, and plugs straight into our workflows. Our team can now focus on complex cases while customers get faster, more accurate responses.” says Suleyman Onay, Managing Director of Colendi.
“After testing multiple vendors’ models without success, Freya was the first to deliver the voice quality we needed. Their team moved fast and made the setup remarkably easy.” comments Jiří Lahoda, CEO of Suri.cz
A fast-growing opportunity in voice automation
Voice communication remains one of the most resource-intensive parts of enterprise operations. With millions of daily customer interactions across finance, lending, and insurance, the opportunity for AI-driven voice automation is enormous. Freya’s technology already supports thousands of automated conversations per day and continues to scale across international markets.
“Freya combines deep technical talent with strong business intuition,” said Marek Moravec, investor. “Their execution speed and voice quality set a new benchmark for how AI can be adopted at scale.”