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Deepgram Raises $47M To Define The Future Of Ai Speech Understanding

Nov 29, 2022•about 3 years ago

Amount Raised

$47 Million

San FranciscoOtherNatural Language ProcessingMachine Learning

Description

Deepgram today announced that it has raised $47 million in equity funding led by Madrona, with Alkeon participating as a new investor. Prior investors also participated in the deal. This transaction completes Deepgram's Series B round in which the company raised a total of $72 million, the largest known Series B round in the automatic speech recognition category.

Company Information

Company

Deepgram, Inc.

Location

470 University Avenue

San Francisco, California, United States

About

Deepgram's speech AI platform is the foundation for the future of voice technologies. We've raised $86 million to put speech AI behind leading innovators and have transcribed over one trillion words since inception. We believe every voice should be heard and understood, from our audio to our customers to our employees. Enabled by end-to-end deep learning models, Deepgram's strength lies in our diversity of people, ideas, and backgrounds that inspire the next generation of voice-enabled experiences. We've been recognized as an Inc. Best Workplace (2022), a Forbes Top 50 AI Company to Watch (2021), and a CB Insights Top 100 AI Startup (2021), among others. Voice intelligence is out there, and we're here to help any developer or company discover its value with just an API call. You bring your voice. Deepgram delivers the intelligence.

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