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Echovane Raises $1M to Build AI Agents for Market Research

by | Aug 11, 2026

Funding will support agent infrastructure, multimodal research tools and a participant network for automated research workflows
Echovane founders Himadri Roy, Smriti Gupta and Vipul Nair. (Image: Echovane)

SAN FRANCISCO, CA, Aug 11, 2026 – Echovane, a company whose AI agents execute market research studies from a client’s business question through to a completed outcome, has raised $1 million co-led by Titan Capital and Neon Fund.

The service designs the study, recruits and verifies participants, conducts multimodal fieldwork, and analyzes qualitative and quantitative data. Outputs can include presentations, dashboards, datasets, participant quotations, video clips and reels. After delivery, researchers can query the collected data and trace conclusions back to the underlying source.

The new funding will go toward AI-agent infrastructure, multimodal research capabilities and a global participant network. Echovane was founded by Smriti Gupta, Vipul Nair and Himadri Roy, graduates of the Indian Institute of Technology and former product leaders at Amazon, Stripe, Gojek and Razorpay. The founders initially set out to build an AI moderator for consumer interviews before expanding to the full research workflow.

“We thought better AI interviews would unlock faster research,” said Smriti Gupta, co-founder and CEO of Echovane. “But that was only one step in the research operations, for one methodology of research. In reality, researches are more complex, and can vary from interviews to unobtrusive observations and longitudinal studies. It has multi-level complexity including finding niche participants, getting the research completed on time with them and maintaining quality checks.”

“This funding allows us to deepen the agent infrastructure behind Echovane, expand our multimodal capabilities, and strengthen the global participant network required to deliver increasingly complex studies with consistency” said Vipul Nair, co-founder and CTO of Echovane.

Himadri Roy, co-founder and COO of Echovane, added: “Having done the research ourselves, we understand the operational pain researchers have to go through to conduct a good research that gives useful insights.”

Customer and Investor Support

Echovane works with P&G, Haleon, Kantar and other consumer and technology companies.

“Echovane has made complex, multi-market studies feel simple. They find the right hard-to-reach participants, handle the nuances across markets and languages, and deliver actionable insights with remarkable speed and consistency,” said Zee Alcasid, consumer science and product experience lead, Haleon.

Adam D’arcy, CPO, Trustly added: “Echovane turned a month of product research into two days. They reached exactly the right participants and let us test, learn and iterate continuously across multiple audiences, countries, product variants all within a single study that would be impossible to execute at speed and scale.”

Commenting on the investment, a Titan Capital spokesperson said, “We have backed Smriti, Vipul and Himadri because they have deeply understood why market research has stayed slow and expensive for decades. With Echovane, they are building an AI-native, end-to-end research platform focused on the quality of the final insight, encoding each client’s context into a system that gets sharper with every study. They are turning research from a recurring expense into compounding infrastructure – faster, cheaper and genuinely deeper. Their first-principles thinking and capital-efficient execution gave us confidence in Echovane’s long-term potential.”

“Consumer research sits behind every product decision. In CPG the stakes are highest since shelf space is hard to win, and a failed launch is expensive and slow to unwind. Echovane’s AI-moderated research compresses a cycle that used to take weeks. The cofounders have known each other for a long time and have scaled products at Amazon, Stripe and Razorpay. That combination is why our conviction in Echovane is strong.” said Udit, principal at Neon Fund.

Source: Echovane

About Echovane

Echovane develops AI software for qualitative market research and consumer interviews. Founded in 2025, the company is headquartered in San Francisco. It was founded by Smriti Gupta, Vipul Nair and Himadri Roy, graduates of the Indian Institutes of Technology. Its EchoAI system conducts automated interviews and analyzes participant responses, routines and facial expressions. The software supports concept testing, advertising research, ethnographic studies and product-use analysis. Users can query interview data using natural language and compare findings across research projects. Echovane also provides participant recruitment through a network of more than 20 million respondents across 150 countries, 65 languages and 50 industries. Customers include businesses and research teams conducting consumer and product research.