Verbit.ai

Website:verbit.ai
Location:Silicon Valley, CA United States
Revenue:$63.4M
Industry:Tech Services
Founded:N/A
Lead Investor(s):Viola Ventures
Press

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Verbit is a leading transcription and captioning solution that fuses artificial and human intelligence to provide 99.9% accuracy at a rate 10 times faster than the industry standard. Built on self-learning algorithms, Verbit is the only platform that leverages contextual data, specific acoustic models and current events to provide each customer with a tailored model that keeps improving with time. Verbit's flexible cloud system includes customizable templates and allows users to upload files directly, via API or through integrations with leading platforms like YouTube, Kaltura, Panopto and Vimeo. An intuitive user interface enables seamless editing, reviewing and collaboration for clients and transcribers alike. Verbit helps customers across the higher-education, legal and media industries redefine the way they transcribe, index and access their video and audio files. Founded in 2016, Verbit has secured $11M in seed funding, led by HV Holtzbrinck Ventures, Vertex Ventures and Oryzn Capital. Learn more at https://verbit.ai/.

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348

Number of Employees

$63.4M

Revenue (est)

1

Current Jobs

44%

Employee Growth %

$34M

Total Funding

N/A

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Verbit.ai News

29-Jan-19 - Verbit.ai raises $23 million to automate transcription and captioning

Tom Livne, who cofounded Verbit.ai with Eric Shellef and Kobi Ben Tzvi in 2017, has high hopes that the Tel Aviv and New York-based startup

28-Feb-19 - Voicea's Eva meeting assistant gets 20 SaaS and productivity app

... meeting recording services are also on the market, including Fireflies.ai, Otter.ai, Dialpad, and Verbit.ai, which raised $23 million last month.

Verbit.ai Funding

DateAmountRoundLead InvestorsReference
2018-03-30$11.0MUndisclosedHV Holtzbrinck VenturesArticle
2018-04-04$11.0MUndisclosedHV Holtzbrinck VenturesArticle
2019-01-30$23.0MAViola VenturesArticle

Verbit.ai New Location/Offices

DateLocationReference
2019-01-30New York, NYArticle