July 25, 2025
5 min read
Investing.com
SoundHound AI teams up with AVANT to expand distribution of its Amelia 7.0 and Autonomics AI platforms in key sectors.
SoundHound AI, Inc. (NASDAQ:SOUN), a rapidly growing AI technology company with over 100% revenue growth in the last twelve months and a market capitalization of $4.9 billion, has announced a strategic partnership with AVANT Communications. This collaboration will enable AVANT’s network of Trusted Advisors to offer SoundHound’s Amelia 7.0 AI agent platform and Autonomics platform to enterprise clients.
The partnership aims to accelerate the adoption of SoundHound’s conversational AI technology across multiple sectors including financial services, insurance, retail, and healthcare. Businesses will be able to deploy AI agents that automate customer service and business operations, enhancing efficiency and customer engagement.
Andrew Pryfogle, Head of CX and AI & Global Education Lead at AVANT, stated, "Our Trusted Advisors are constantly seeking out transformational technologies that drive efficiency and elevate customer experiences, and SoundHound’s AI capabilities stand out in both innovation and enterprise readiness."
The Amelia platform is designed to handle complex customer interactions by coordinating multiple specialized AI agents through both voice and text channels. It utilizes automatic speech recognition technology allowing customers to communicate naturally, while leveraging large language models (LLMs) for advanced reasoning capabilities.
SoundHound’s Autonomics platform provides AI-driven orchestration of IT systems through a unified interface. The solution was recently recognized as an "Exemplary provider" in ISG’s 2025 AIOps Buyers Guide.
AVANT, known as the nation’s premier Technology Services Distributor, supports its advisor network through its Pathfinder decision-making platform and industry research to guide technology purchasing decisions.
Steve Plunkett, Vice President of Global Partnerships and Channel Sales at SoundHound AI, emphasized that the partnership will scale access to AI agents and enable "smarter, more efficient customer engagement across industries."
In recent financial news, SoundHound AI reported first-quarter 2025 revenues of $29.1 million, slightly below estimates but maintained its full-year revenue guidance. The Amelia acquisition contributed about 60% of first-quarter revenue. Additionally, SoundHound AI partnered with Allina Health to introduce an AI agent named Alli, designed to enhance patient services by managing appointments and potentially handling prescription refills.
Analyst opinions vary: Piper Sandler downgraded SoundHound AI from Overweight to Neutral citing concerns about the second half of 2025 outlook, while Northland maintained a Market Perform rating with an $8 price target. H.C. Wainwright lowered its price target to $18 from $26 but kept a Buy rating, highlighting the company’s potential to drive efficiencies and cost savings.
SoundHound AI’s technology is also being used by Peter Piper Pizza to manage phone orders, demonstrating the versatility of its AI solutions.
For more detailed insights into SoundHound AI’s valuation and growth prospects, InvestingPro subscribers can access the comprehensive Pro Research Report.
This article was generated with AI support and reviewed by an editor. Source: SoundHound AI partners with AVANT to expand AI agent distribution - Investing.com FAQ Section:
This article was generated with AI support and reviewed by an editor. Source: SoundHound AI partners with AVANT to expand AI agent distribution - Investing.com FAQ Section: