Fundz

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

PRIVATENov 29, 2022

Amount Raised

$47 Million

Round Type

Funding Round

San FranciscoInformation TechnologyArtificial Intelligence

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.

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Company Information

Company

Deepgram

Location

548 Market Street, Suite 25104

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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Deepgram 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 FundzWatch™ for automated website change detection, 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.