Fundz

Assemblyai Lands $50M To Build And Serve Ai Speech Models

PRIVATEDec 04, 2023

Amount Raised

$50 Million

Round Type

Funding Round

San FranciscoSoftwareArtificial IntelligenceMachine LearningNatural Language Processing

Description

AssemblyAI’s success has caught the attention of big-name investors, some of whom recently contributed to a new funding tranche for the startup. Accel led a $50 million round in AssemblyAI, announced today, with participation from former Salesforce co-CEO Keith Block, GitHub ex-CEO Nat Friedman, and Daniel Gross, Insight Partners and Y Combinator. AssemblyAI’s total capital raised now stands at $115 million.

Quick answer

AssemblyAI raised $50 Million in a Funding Round round, dated December 4, 2023. AssemblyAI is based in San Francisco, California, United States.

How much did AssemblyAI raise?
AssemblyAI raised $50 Million in a Funding Round round on December 4, 2023.
What does AssemblyAI do?
AssemblyAI is a Speech AI company focused on building new state-of-the-art AI models that can transcribe and understand human speech.
Where is AssemblyAI based and how big is it?
AssemblyAI is based in San Francisco, California, United States.
Who are the decision-makers at AssemblyAI?
Fundz holds 1 contact at AssemblyAI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and Software around the same time

Companies in the same sectors as AssemblyAI that raised within 45 days of this round, from Fundz verified event records.

  • Robin AI raised $26M (Funding Round) on January 3, 2024.
  • ON raised $25M (Funding Round) on December 6, 2023.
  • Rohirrim raised $15M (Series A) on December 4, 2023.
  • Verses Technologies raised $199K (Seed) on November 29, 2023.
  • Siena AI raised $4.7M (Seed) on November 17, 2023.
  • Siena AI raised $4.7M (Seed) on November 16, 2023.

Who to call at AssemblyAI, and when

A new round usually means AssemblyAI is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day AssemblyAI raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at AssemblyAI, from your own LinkedIn network

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Company Information

Company

AssemblyAI

Location

San Francisco, California, United States

About

AssemblyAI is a Speech AI company focused on building new state-of-the-art AI models that can transcribe and understand human speech. Our customers, such as CallRail, Fireflies, and Spotify, choose AssemblyAI to build incredible new AI-powered experiences and products based on voice data.

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Fundz sees it the moment AssemblyAI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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AssemblyAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.