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Founded Year



Series E | Alive

Total Raised




Last Raised

$250M | 2 yrs ago



Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+60 points in the past 30 days

About Verbit

Verbit uses artificial and human intelligence to provide a smart transcription and captioning solution. It helps organizations maximize the potential of their audio and video files by making information searchable, accessible, and actionable. The company was founded in 2016 and is based in New York, New York.

Headquarters Location

169 Madison Avenue Suite 2316

New York, New York, 10016,

United States

ESPs containing Verbit

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Enterprise Tech / Sales & Customer Service

The generative AI — call transcript analytics market focuses on analyzing and using unstructured audio from phone calls, video meetings, conference calls, sales interactions, support interactions, and videos. This market offers solutions that can transcribe audio accurately to gain insights into a business' customers and provide better customer experiences in terms of voice assistants, sales and s…

Verbit named as Highflier among 11 other companies, including Speechmatics, AppTek, and

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Verbit's Products & Differentiators

    Live captioning & real-time transcription

    Live captioning your Zoom calls offers more equitable viewing for individuals with disabilities and others by making live videos, courses, trainings, meetings and events accessible. With leading AI real time captioning, transcription and CART services, Verbit offers live captions and transcripts to all viewers seamlessly.

Expert Collections containing Verbit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Verbit is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.


Unicorns- Billion Dollar Startups

1,215 items


Artificial Intelligence

10,627 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Verbit Patents

Verbit has filed 12 patents.

The 3 most popular patent topics include:

  • Computational linguistics
  • Speech recognition
  • Natural language processing
patents chart

Application Date

Grant Date


Related Topics




Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics


Application Date


Grant Date



Related Topics

Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics



Latest Verbit News

How Many Language Companies Compete in the Transcription and Captioning Market?

May 25, 2023

While transcription and captioning have their roots in accessibility — that is, making video and audio content accessible to deaf and hard of hearing viewers — demand for the services has grown strongly in recent years. A rise in media streaming platforms, the proliferation of online content, new accessibility laws, and the increased use of video conferencing tools, coupled with cost reductions thanks to technological advances, mean the field is growing, with the largest market in the US. The main players include big tech (e.g., Microsoft , Amazon , and Google ), a major source of technological innovation; AI startups (e.g., Descript and Airgram ), which often make speech-to-text (STT) tech available on SaaS platforms for narrow use cases; and transcription and captioning-specific agencies (e.g., Rev , Verbit , AI Media , Acolad via Ubiqus ), which might market themselves as “accessibility providers” or cater to a specific niche sector. STT tech companies, which build, customize, and deploy systems for customers, have naturally claimed a stake in the transcription and captioning space, though some also have broader AI/NLP offerings. Individual competitors differentiate themselves based on model output accuracy, language coverage, and customization options, among other factors. Language service providers (LSPs), whose traditional translation and localization offerings could be called “adjacent” to captioning and transcription, have expanded into the space, too. Slator 2023 Language Industry Market Report 140-page flagship report on market-size, LLM and GPT impact, TMS, AI dubbing, interpreting, game loc, market outlook, and more. $890 In a survey of the top-performing 57 LSPs from Slator’s Language Service Provider Index , 46% of respondents said they offer captioning, and 56% provide transcription. These include some of the biggest names in the industry, such as RWS , Lionbridge , TransPerfect , Iyuno , Acclaro , Acolad , and BLEND . Barriers to entry into the increasingly competitive field include the up-front investment in tech-enabled workflows and in-depth knowledge of accessibility laws as they apply regionally, to different kinds of media, and across industries. At the same time, LSPs are uniquely poised to seize some of the new opportunities presented by the growing demand for transcription and captioning. This could mean deepening relationships with existing media localization or language service buyers; leveraging access to multilingual supply chains; and bidding on large government or public language service contracts , which frequently require both transcription and translation. For a more detailed look at the competition in this space, Slator’s flagship annual Language Industry Market Report for 2023 features 16 pages of Transcription and Captioning market analysis, including a one-page table listing more than 50 new use cases enabled by speech-to-tech advances. Tags

Verbit Frequently Asked Questions (FAQ)

  • When was Verbit founded?

    Verbit was founded in 2016.

  • Where is Verbit's headquarters?

    Verbit's headquarters is located at 169 Madison Avenue, New York.

  • What is Verbit's latest funding round?

    Verbit's latest funding round is Series E.

  • How much did Verbit raise?

    Verbit raised a total of $532M.

  • Who are the investors of Verbit?

    Investors of Verbit include Sapphire Ventures, Vertex Growth, More Capital, 40 North, Third Point Ventures and 19 more.

  • Who are Verbit's competitors?

    Competitors of Verbit include Speechmatics, Just Access, Ava,, Trint and 11 more.

  • What products does Verbit offer?

    Verbit's products include Live captioning & real-time transcription and 4 more.

Compare Verbit to Competitors Logo provides an artificial intelligence (AI) powered live transcription application. Its software generates searchable, sharable notes from the spoken content of meetings, lectures, and presentations held in english. It records sentences according to the context of a speech. It was founded in 2016 and is based in Mountain View, California.

Deepgram Logo

Deepgram operates as a speech recognition platform leveraging conversational intelligence with transcription and context for speech understanding. It automates transcribing pre-recorded audio and video into text with artificial intelligence (AI) and natural language understanding (NLU) for voice intelligence, summarization, sentiment analysis, language detection, and more. The company was founded in 2015 and is based in San Francisco, California.

3Play Media Logo
3Play Media

3Play Media provides closed captioning, transcription, and audio descriptions to customers in higher education, enterprise, entertainment, and government. It simplifies the process of making videos accessible through APIs, integrations with video players and platforms, plugins, and an online account system. The company was founded in 2007 and is based in Boston, Massachusetts. Logo combines human intelligence and AI to deliver voice-to-text services.


Myna offers meeting recording software that aims to instantly turn virtual meetings into useful records of exactly what was said and done. It transcribes and aims to make all the vital information from a call or meeting organized and searchable. The transcript, video and audio are delivered to your email, linked to your calendar and backed-up in the cloud.

Trint Logo

Trint is an automated transcription and editing platform. Trint combines a text editor and an audio/video player to let users capture, find, and share the moments that matter. Features include multi-user editing of transcripts, recorded and transcribed phone calls with its iOS app, instant search of recorded content, and enterprise workflow integration.

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