Verbit
Founded Year
2017Stage
Secondary Market | AliveTotal Raised
$532MRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+25 points in the past 30 days
About Verbit
Verbit specializes in artificial intelligence-based transcription and captioning services. The company offers a range of services, including live captioning, transcription, video and audio transcription, closed captioning, audio description, translation, and legal transcription. It primarily serves sectors such as corporate and general business, media production, education, digital and online learning, and legal. It was founded in 2017 and is based in New York, New York.
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ESPs containing Verbit
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The generative AI — meeting & call intelligence platforms market focuses on solutions that automatically transcribe and analyze spoken conversations from meetings, calls, and video conferences. These platforms convert speech to text with high accuracy, then apply AI to extract insights, identify key moments, generate summaries, and identify action items. Some providers specialize in real-time tran…
Verbit named as Highflier among 15 other companies, including Deepgram, Rev, and Speechmatics.
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.
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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
1,270 items
Artificial Intelligence
7,221 items
Verbit Patents
Verbit has filed 14 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/7/2019 | 10/26/2021 | Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics | Grant |
Application Date | 10/7/2019 |
|---|---|
Grant Date | 10/26/2021 |
Title | |
Related Topics | Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics |
Status | Grant |
Latest Verbit News
Apr 4, 2025
Verbit, a global provider of AI verbal intelligence, is making it even easier for creators to edit, enhance and streamline video workflows with its new integration with Adobe® Premiere® Pro. Available on the Adobe Exchange marketplace, Verbit’s new plugin integrates directly with Premiere, enabling users to submit completed video sequences to Verbit straight from their Premiere Pro project for […]
Verbit Frequently Asked Questions (FAQ)
When was Verbit founded?
Verbit was founded in 2017.
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 Secondary Market.
How much did Verbit raise?
Verbit raised a total of $532M.
Who are the investors of Verbit?
Investors of Verbit include CrossWork, Vertex Growth, Sapphire Ventures, More Capital, Third Point Ventures and 22 more.
Who are Verbit's competitors?
Competitors of Verbit include Nagish, Sherpany, Vidby, Ava, Otter.ai and 7 more.
What products does Verbit offer?
Verbit's products include Live captioning & real-time transcription and 4 more.
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Compare Verbit to Competitors
Otter.ai specializes in AI-powered note-taking and transcription services for various sectors. The company offers an AI Meeting Assistant that provides real-time transcription, automated meeting summaries, and action item extraction. Otter.ai primarily serves sectors such as business, sales, education, and media. Otter.ai was formerly known as AISense Inc. It was founded in 2016 and is based in Mountain View, California.
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 2008 and is based in Boston, Massachusetts.
Deepgram specializes in artificial intelligence (AI). It focuses on understanding human language. The company offers services such as converting speech into text and summarizing audio or video content using AI language models. It primarily caters to sectors that require transcription and understanding of audio content, such as contact centers and media transcription. It was founded in 2015 and is based in San Francisco, California.
Myna provides audio recording and transcription services within the technology sector. The company offers a solution for recording and transcribing meetings without the need for cloud storage, focusing on local data handling. Its products are designed for meeting documentation. It is based in London, England.
Rev is a speech technology company that provides speech-to-text solutions across various sectors. The company offers services, including asynchronous and streaming speech-to-text APIs, human transcription, language identification, sentiment analysis, and topic extraction. Rev's technology converts spoken words into transcripts, summaries, and insights for businesses and developers integrating speech recognition into their applications. Rev was formerly known as Rev.com. It was founded in 2010 and is based in Austin, Texas.
Granola focuses on meeting note enhancement within the technology sector. Its main offering is a notepad that transcribes and organizes notes. Granola serves professionals who attend multiple meetings, providing tools to assist with note-taking and productivity. It was founded in 2023 and is based in London, United Kingdom.
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