Saudi Prince Khaled backs US Risk Tech firm Clearspeed in $60M Series D Round

Abbas Aziz By Abbas Aziz
3 Min Read

Prince Khaled bin Alwaleed’s KBW Ventures has joined a major $60 million Series D funding round for Clearspeed, a San Diego-based voice analytics company that’s transforming how risk is assessed in high-stakes industries.

The round was led by Align Private Capital, with additional participation from IronGate Capital Advisors, Bravo Victor Venture Capital, and General David Petraeus, former CIA Director and Commander of U.S. Central Command. With this latest funding, Clearspeed’s total investment now stands at $110 million.

What Clearspeed Does

Clearspeed offers AI-powered voice analytics that help organizations quickly evaluate trust and detect potential risk. The tech is built for sensitive, high-risk environments, from insurance and finance to national security and defense.

  • ✅ No friction for end users
  • ✅ Detects fraud and risk early
  • ✅ Improves speed and accuracy in decision-making
  • ✅ Cuts costs in vetting, underwriting, and claims

As Clearspeed CEO Alex Martin explains, “We’re investing in our teams and technology to scale globally, especially in sectors where trust and speed are non-negotiable.”

Massive Impact in Insurance

One of Clearspeed’s biggest success stories comes from its use in insurance. Major players like Zurich Insurance, which serves over 75 million customers worldwide, have adopted Clearspeed’s solution to improve operations.

  • ✅ Claims handling time reduced by 50%
  • ✅ Immediate payouts increased by 40%
  • ✅ Over 30X return on investment in underwriting and claims

According to Scott Clayton, Head of Claims Fraud at Zurich Insurance:

“Clearspeed is a powerful tool in any insurer’s risk strategy. It not only strengthens fraud detection but also builds trust with customers by speeding up payments in critical moments.”

Real Results in National Security

Government agencies are also adopting Clearspeed to solve deep-rooted problems in security, fraud, and vetting.

  • ✅ 95% reduction in vetting cycle times
  • ✅ 65% drop in investigation costs
  • ✅ Used for drug testing, threat finance screening, and personnel vetting

General Petraeus, a repeat investor in Clearspeed, emphasized the importance of its solution in evolving security environments:

“Clearspeed’s voice tech brings fast, accurate screening to missions where building trust quickly is vital, from insider threat detection to national security vetting.”

Backed by Visionary Investors

For KBW Ventures, this investment reflects its ongoing commitment to high-impact, scalable technologies.

Prince Khaled joins a lineup of global investors who believe in Clearspeed’s potential to redefine how organizations around the world assess risk, build trust, and operate more efficiently.