The co-founders then changed their business model to suit these restrictions and chose to sell the AI system as their own product instead of as a license. Minasyan and Baghdasaryan originally planned on licensing their AI technology to large companies, such as Skype and WebEx, but they did not have the resources available to connect with them or the necessary funding. The developed AI system is able to differentiate between human voices and background noises like dogs barking and echoes. This information was input into a computer system to create their AI neural network, krispNet DNN. Krisp began developing its AI technology that detects different background noises by collecting soundbites of 20,000 different noises, 10,000 distinct speakers, and 2,500 hours worth of audio. In 2017, Baghdasaryan moved to Armenia and with Minasyan created 2Hz, the company that would later be known as Krisp. They produced, in eight months, a prototype of an AI-driven background noise removal software. Minasyan began working on a solution with Stepan Sargsyan, who is now Krisp's chief scientist. View Krisp stock / share price, financials, funding rounds, investors and more at. He mentioned this to his friend and other future co-founder of Krisp, Artavazd Minasyan, who still lived in Armenia. Krisp has raised 17.48 m in total funding.

Before Krisp was created, co-founder Davit Baghdasaryan was working at the company Twilio in San Francisco, where he noticed the background noise during his conference calls was disruptive. While Krisp is based in the state of California, it was originally founded in Armenia, where both co-founders were born and spent most of their lives.

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