Verbit

Verbit

Private
New York City, New YorkAI, Data & Cloud Infrastructurehttps://www.verbit.ai

Last Round

Series E

11/23/2021

Est. Valuation

$2B

Total Funding Raised

$532M

Company Overview

Verbit is a technology company that offers interactive transcription and captioning software to create detailed speech-to-text files for various industries, enhancing the accessibility and usability of audio and video content through automated speech recognition (ASR) technology.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, Vertical SaaS, Legal Tech, Enterprise Communication, Content Creation

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS, Services & Consulting, Government Contracts, Freemium

AI Layer

Application

Keywords

transcription servicescaptioning servicesAI transcriptionspeech-to-texthuman-in-the-loop AIlive captioninglive transcriptionlegal transcriptionmedia captioningaccessibility complianceautomatic speech recognitionASRaudio descriptiontranslation and dubbingcourt reporting servicesgenerative AI summariestranscription API

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Verbit Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Verbit Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series E11/23/2021
Series D6/8/2021
Series C11/19/2020
Series B1/16/2020
Series A1/29/2019
Seed
4/3/2018

Key People

Founding team and executive leadership

Yair Amsterdam

Chief Executive Officer Board Member

Executive Team

Simon Rapoport

Chief Technology Officer

Executive Team

Asaf Amiel

Chief Financial Officer

Executive Team

Barak Rozenblat

COO

Executive Team

Verbit Investors

Notable investors and investment history

InvestorRounds
HV CapitalSeries D, Series C, Seed
MORE Investment HouseSeries E
40 North VenturesSeries E
Amplefields InvestmentsSeries E
StripesSeries D, Series C, Series B
Vertex Growth FundSeries D, Series E, Series C
BlackRock TCP Capital Corp.Series E

Market signals

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  • Mar 31, 2026

    Launched Captivate Post, a post-production captioning solution for media.

  • Mar 10, 2026

    Now serving over 3,000 global customers.

Verbit Filings

SEC and related filings with document metadata.

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Verbit Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersNew York City, New York
Employee Range1,625
Year Founded2017
Last Funding11/23/2021

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