AI Technology Score
70%
Founders Score
0%

Business Overview

Active
Status
2016
Total Founded
1661
# Employees
$571M
Funding
9
# Rounds
Verbit serves as an essential accessibility partner to 3,000+ businesses and institutions. Verbit’s voice AI and human solutions help customers to offer engaging and equitable experiences. Verbit not only supports them in meeting accessibility guidelines, but in making verbal information searchable and actionable. Since its founding in 2017, Verbit has grown into a unicorn company with a $2B valuation and a global presence. Verbit employs the largest professional captioner workforce in the world and has emerged as the leader in the $30B transcription industry.

Employee Count

0.2%
1M CAGR
0.6%
3M CAGR
0.8%
6M CAGR

Lists

Stock Chart

Founders (3)

NamePositionMilitaryClassificationContact
hidden22…
CEOAI Expert
hidden22…
VP of Engineering and Board MemberAI Expert
hidden22…
CTOAI Expert, Serial Entrepreneur

AI Team (8)

NamePosition
hidden68…
Speech Recognition Researcher @ Verbit.ai – Master of Engineering, Acoustical Engineering
hidden68…
Speech recognition engineer at Verbit.ai – I’m hirring, Join Us!
hidden68…
Researcher, data scientist
hidden68…
Speech Recognition Engineer at Verbit.ai
hidden68…
Speech Engineering Team Lead at Verbit.ai
hidden68…
Speech recognition engineer at Verbit.ai
hidden68…
Software Engineer at Verbit.ai
hidden68…
Dmytro Yatsyna

Board and Advisors (14)

NamePositionContact
hidden225314
Board Member
hidden225416
Board Member
hidden225129
Board Observer
hidden225568
Board Advisor
hidden222937
VP of Engineering and Board Member
hidden227706
Managing Partner and Board Observer
hidden226230
Managing Partner and Board Member
hidden226232
General Partner and Board Member
hidden225159
Partner and Board Member
hidden225959
Board Member
hidden225964
Board Member
hidden225164
General Partner and Board Member
hidden225165
Managing Partner and Board Member
hidden226255
CEO and Board Advisor

Revenues (2)

DateMetricAmount
June 2021ARR
$100M
June 2020ARR
$1…

Funding Rounds (9)

$434M

$37M

$100M

RoundDateCapital RaisedValuationInvestors
November 2021
hidden$1…
$2.0B
8
November 2021
hidden$1…
7
June 2021
hidden$1…
$1.0B
13
June 2021
hidden$3…
1
November 2020
hidden$6…
6
December 2019
hidden$3…
5
December 2018
hidden$2…
6
March 2018
hidden$1…
3
March 2017
1

M&A Events (4)

TransactionDateTarget/AcquirerConsideration
hidden360697
2022
hiddenVerbit/U.S. Captioning Company
hidden348006
2022
hiddenVerbit/Take Note
hidden314973
2021
hiddenVerbit/Automatic Sync Technologies (AST)
hidden183329
2021
hiddenVerbit/VITAC
hidden50

Investors (24)

InvestorInvestor TypeLocationPortfolio
hidden93150
Venture CapitalIsrael57
hidden93233
Corporate Venture CapitalIsrael40
hidden93259
Venture CapitalIsrael40
hidden93287
Family OfficeIsrael16
hidden93222
Corporate Venture CapitalIsrael15
hidden54…
Family OfficeUnited States12
hidden18…
Venture CapitalUnited States12
hidden93208
Venture CapitalIsrael12
hidden15…
Venture CapitalUnited States10
hidden18…
Investment FirmIsrael9
hidden72…
Venture CapitalIsrael9
hidden93400
Investment FirmUnited States8
hidden43…
Venture CapitalUnited States8
hidden18…
Venture CapitalIsrael7
hidden22…
AcceleratorIsrael7
hidden93500
Investment FirmUnited States6
hidden13…
Venture CapitalIsrael4
hidden25…
Investment Firm3
hidden24…
Private EquityIsrael2
hidden93361
Venture CapitalGermany2
hidden93725
Angel2
hidden24…
Corporate Venture CapitalUnited States2
hidden18…
Venture Capital1
hidden24…
Investment Firm1

Research Publications (0)

Certifications (0)

AI Technology Stack

7
# AI Employees
Our live solution harnesses artificial intelligence to help organizations maximize the potential of their audio and video files for real-time results. Built on adaptive algorithms, this AI technology generates the most detailed speech-to-text files, providing 99% accuracy at record-breaking speed. Verbit incorporates the latest advances in deep learning, neural networks, and natural language understanding into an adaptive learning cycle that trains our algorithm to improve accuracy over time. This AI-based automatic-speech-recognition is utilized by universities for their courses, for media companies in need of transcription and captions as well as in the enterprise setting by individuals who need written records of correspondences. In all of these environments, the AI provides users with accessibility to create more inclusive experiences that meet their needs.

Jobs (1)

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