Closed deal

ICON has advised leading AI voice biometrics and speech analytics provider Phonexia on its sale to South Korea-based Crescendo Equity Partners.

11.12.2025

ICON has advised leading voice technology specialist software provider Phonexia on its sale to Crescendo Equity Partners, as it accelerates international growth.

Founded in 2006 and headquartered in Brno, Czech Republic, Phonexia specialises in state-of-the-art voice biometrics and speech analytics technology powered by deep learning and neural network algorithms.

From industry-leading Deepfake Detection to next-generation forensic Speaker Identification and multilingual speech transcriptions, Phonexia’s AI-powered platform processes over one million voiceprints daily, delivering mission-critical insights, enhanced security and essential automation capabilities for both government and commercial customers.

Recognised globally as an industry leader, the company boasts a world-class R&D team comprising AI/ML developers, data scientists, and infrastructure engineers. With installations in 60 countries, Phonexia empowers customers to gather vital intelligence, strengthen security, prevent fraud, personalise engagement, and boost productivity.

Crescendo Equity Partners, a leading technology-focused private equity firm from South Korea, will help accelerate Phonexia’s global expansion plans, supercharging R&D and expanding Phonexia’s commercial reach. This move will enable Phonexia to realise the full potential of voice intelligence and deepen market penetration as the only independent provider to combine voice biometrics and LLM-based speech analytics in a single platform.

We reached a point where we wanted to unlock a faster growth trajectory and invest more boldly into R&D. For that, finding the right partner was essential and we are excited to have Crescendo on board.”

Markéta Lőrinczy

co-CEO of Phonexia

We are proud of the culture and expertise we have built together. Maintaining continuity within our team is crucial for the next stage of growth, and Crescendo’s support allows us to expand without compromising what makes Phonexia unique

Zuzana Roznosová

co-CEO of Phonexia

“We are delighted to partner with Phonexia’s exceptional team. Phonexia is an outstanding technology company built on a strong foundation of scientific excellence. We look forward to supporting the team as it accelerates its growth and expands into new commercial verticals and markets beyond the EU.” 

Sungmin Park

Partner at Crescendo Equity Partners

Phonexia’s partnership with Crescendo marks a significant step towards realising its full global potential at a time when voice is rapidly becoming both the core enabler of AI agents and a trusted biometric identifier. With Crescendo’s strong track record in scaling high-growth technology businesses, we are confident that this collaboration will accelerate Phonexia’s next phase of international expansion and strengthen its position as a leader in secure voice technology. 

Florian Depner

Director

Simon Moynagh, Partner at ICON Corporate Finance We are thrilled to have advised Marketa, Zuzana, and the wider Phonexia team on this transformative transaction with Crescendo. We are excited to see them take this next step in accelerating the company’s R&D leadership and realising its global growth ambitions.”  

This transaction underscores the global appetite for Europe’s DeepTech innovation and reinforces ICON’s position as a leading adviser on complex M&A across AI, enterprise software and cybersecurity.

 

Specifications

Name
Phonexia
Date
2025
Headquarters
Czech Republic
Key people
Markéta Lőrinczy, co-CEO of Phonexia
Zuzana Roznosová, co-CEO of Phonexia
Sungmin Park, partner at Crescendo Equity Partners
Florian Depner, Director at ICON Corporate Finance
Sectors
Deal type