Verbit.ai, with the slogan "Verbit's technologies and partnerships help to make classrooms, workplaces and online environments more accessible," is an essential accessibility partner for over 3,000 businesses and institutions. Their voice AI and human solutions aim to provide engaging and equitable experiences while supporting accessibility guidelines. Since its establishment in 2017, Verbit has become a unicorn company with a $2B valuation and a global presence. Their dominance in the $30B transcription industry is evident as they employ the largest professional captioner workforce globally. Their recent Secondary Market investment on 03 May 2024 from Invest City Capital further solidifies their position in the market. Operating in the AI, Education, Legal Tech, and Machine Learning sectors, Verbit's growth and influence are evident in their global headquarters in the United States.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Secondary Market | Unknown | 1 | Invest City Capital | 03 May 2024 |
Series E | $150.00M | 9 | 23 Nov 2021 | |
Secondary Market | $100.00M | - | 23 Nov 2021 | |
Series D | $157.00M | 10 | Omer Cygler, Lion Investment Partners | 08 Jun 2021 |
Debt Financing | $37.00M | 1 | Silicon Valley Bank | 08 Jun 2021 |
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