Founded Year

2017

Stage

Secondary Market | Alive

Total Raised

$532M

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+25 points in the past 30 days

About Verbit

Verbit specializes in artificial intelligence-based transcription and captioning services. The company offers a range of services, including live captioning, transcription, video and audio transcription, closed captioning, audio description, translation, and legal transcription. It primarily serves sectors such as corporate and general business, media production, education, digital and online learning, and legal. It was founded in 2017 and is based in New York, New York.

Headquarters Location

169 Madison Avenue Suite 2316

New York, New York, 10016,

United States

323-843-2866

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ESPs containing Verbit

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Sales & Customer Service

The generative AI — call transcript analytics market focuses on analyzing and using unstructured audio from phone calls, video meetings, conference calls, sales interactions, support interactions, and videos. This market offers solutions that can transcribe audio accurately to gain insights into a business' customers and provide better customer experiences in terms of voice assistants, sales and s…

Verbit named as Leader among 14 other companies, including Speechmatics, AppTek, and Deepgram.

Verbit's Products & Differentiators

    Live captioning & real-time transcription

    Live captioning your Zoom calls offers more equitable viewing for individuals with disabilities and others by making live videos, courses, trainings, meetings and events accessible. With leading AI real time captioning, transcription and CART services, Verbit offers live captions and transcripts to all viewers seamlessly.

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Expert Collections containing Verbit

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Verbit is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

A

Artificial Intelligence

7,221 items

Verbit Patents

Verbit has filed 14 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/7/2019

10/26/2021

Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics

Grant

Application Date

10/7/2019

Grant Date

10/26/2021

Title

Related Topics

Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics

Status

Grant

Latest Verbit News

Verbit launches Legal Visor to give litigators competitive edge with real-time deposition insights

Mar 25, 2025

Verbit launches Legal Visor to give litigators competitive edge with real-time deposition insights Published: 25-03-2025 10:19:00 | By: Pie Kamau | hits: 25 | Tags: Verbit, a global player in legal transcription, has launched Legal Visor, a new verbal intelligence platform that provides litigators with live, in-the-moment insights and suggestions during discovery. Verbit Legal Visor delivers unprecedented clarity during complex legal proceedings such as depositions, hearings and arbitrations, enabling attorneys to capture key details or evidence that could significantly impact case outcomes. Yair Amsterdam , CEO, Verbit: ''Legal Visor acts as an AI ‘second chair,’ delivering in-the-moment insights and helping attorneys uncover details that might otherwise be overlooked in speech-based communication. With real-time inconsistency detection and advanced AI capabilities, Legal Visor serves as a perfect partner for lawyers, enabling them to gain the most from every deposition.'' In an industry where precision and strategy are essential, Legal Visor goes beyond traditional AI tools by offering real-time verbal intelligence during live proceedings. Built upon Verbit’s proprietary Captivate™ transcription platform - which was recently recognized by Fast Company as a “Next Big Thing in Tech” for its continual tuning and high performance on niche subject matter - Legal Visor enhances legal decision-making by leveraging AI-driven insights. Verbit collaborated with law firms and legal professionals to develop Legal Visor, tailoring its AI capabilities to meet the real-world demands of the litigation sector. By working closely with design partners like Fisher Phillips, LLP and Smith, Gambrell & Russell, LLP, Verbit refined the platform to deliver precise, actionable analysis that helps attorneys navigate complex proceedings with greater confidence. Evan Shenkman , Chief Knowledge and Innovation Officer, Fisher Phillips: ''As a firm, we’re committed to equipping our attorneys with the most innovative and advanced tools and resources to best serve our clients and secure the best possible outcomes. An AI-powered tool that can provide real-time insights during depositions? That’s a no-brainer.'' Would you like to be featured on Startup Weekly for a free profile interview? Fill in this questionnaire  here . You can also send your columns / opinions / thought leadership pieces / industry insights, survey and reports to  info@startup-weekly.com . Africa Asia & Oceania Europe Publications by industry. [Interview] Enare Abang, Founder, InstaGo Ed Travels, Nigeria InstaGo Ed Travels is a Nigerian-based travel and educational company that focuses on providing tailored services to students and professionals looking to study abroad or pursue international career opportunities... read more here [Interview] Arnavaz Hajizadeh, CEO and Co-founder, Zirr AI Medical Scribe, Boston Arnavaz Hajizadeh  is the CEO and Co-founder of  Zirr AI Medical Scribe , a Boston-based innovative healthcare solution designed to streamline clinical documentation. Arnavaz gives more insight about the company in this... read more here [Interview] Brian Njoroge, CEO, OpenCharge, Kenya OpenCharge is a Kenyan fintech revolutionizing mobility by providing affordable financing for electric vehicles to ride-hail drivers. The CEO,  Brian Njoroge , tells us... read more here [Interview] Roman Burdiuzha, Founder, Gart Solutions, Ukraine Gart Solutions is a Ukranian started IT startup working in the areas of DevOps, Cloud Solutions, and Infrastructure. The company helps customers to achieve the next level of infrastructure maturity, optimize costs... read more here [Interview] Diddo van Zand, Founder, In2Dialog, Netherlands In2Dialog is a Dutch-based startup which develops AI-augmented tools to streamline and improve recruitment drawing from industry experience spanning the fields of recruitment, psychology and data science... read more here [Interview] Douglas Kendyson, CEO, Selar, Nigeria In this interview, we talk to  Douglas Kendyson , CEO of  Selar , an e-Commerce tool that creators and entrepreneurs use to sell their content, products and services globally. Douglas talks about the growing creator economy in... read more here [Interview] Marco Limm, Founder and CEO, cre[ai]tion, Germany Marco Limm  is the Founder and CEO of Frankfurt-based  Cre[ai]tion , an AI-powered tool that allows any type of fashion, automotive, footwear, and jewelry designer to create designs and products through an easy-to-use... read more here [Interview] Fedir Kompaniiets, CEO, Gart Solutions, Ukraine Gart Solutions is a provider of comprehensive DevOps solutions, dedicated to helping businesses streamline their software development processes and achieve operational excellence. The company has worked with... read more here [Interview] Caroline Mutuku, General Manager, Glovo, Kenya Caroline Mutuku  is Kenya's General Manager of multi-category app  Glovo . Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview... read more here [Interview] Renate Swanepoel, COO, INC. Networking, South Africa Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication... read more here .

Verbit Frequently Asked Questions (FAQ)

  • When was Verbit founded?

    Verbit was founded in 2017.

  • Where is Verbit's headquarters?

    Verbit's headquarters is located at 169 Madison Avenue, New York.

  • What is Verbit's latest funding round?

    Verbit's latest funding round is Secondary Market.

  • How much did Verbit raise?

    Verbit raised a total of $532M.

  • Who are the investors of Verbit?

    Investors of Verbit include CrossWork, Vertex Growth, Sapphire Ventures, More Capital, Samsung NEXT and 22 more.

  • Who are Verbit's competitors?

    Competitors of Verbit include Nagish, Sherpany, Vidby, Ava, Otter.ai and 7 more.

  • What products does Verbit offer?

    Verbit's products include Live captioning & real-time transcription and 4 more.

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Compare Verbit to Competitors

Otter.ai Logo
Otter.ai

Otter.ai specializes in AI-powered note-taking and transcription services for various sectors. The company offers an AI Meeting Assistant that provides real-time transcription, automated meeting summaries, and action item extraction. Otter.ai primarily serves sectors such as business, sales, education, and media. Otter.ai was formerly known as AISense Inc. It was founded in 2016 and is based in Mountain View, California.

3Play Media Logo
3Play Media

3Play Media provides closed captioning, transcription, and audio descriptions to customers in higher education, enterprise, entertainment, and government. It simplifies the process of making videos accessible through APIs, integrations with video players and platforms, plugins, and an online account system. The company was founded in 2008 and is based in Boston, Massachusetts.

Rev Logo
Rev

Rev is a speech technology company that provides speech-to-text solutions across various sectors. The company offers services, including asynchronous and streaming speech-to-text APIs, human transcription, language identification, sentiment analysis, and topic extraction. Rev's technology converts spoken words into transcripts, summaries, and insights for businesses and developers integrating speech recognition into their applications. Rev was formerly known as Rev.com. It was founded in 2010 and is based in Austin, Texas.

Deepgram Logo
Deepgram

Deepgram specializes in artificial intelligence (AI). It focuses on understanding human language. The company offers services such as converting speech into text and summarizing audio or video content using AI language models. It primarily caters to sectors that require transcription and understanding of audio content, such as contact centers and media transcription. It was founded in 2015 and is based in San Francisco, California.

M
Myna

Myna provides audio recording and transcription services within the technology sector. The company offers a solution for recording and transcribing meetings without the need for cloud storage, focusing on local data handling. Its products are designed for meeting documentation. It is based in London, England.

Fellow Logo
Fellow

Fellow is a meeting management solution that includes meeting transcription, summaries, action item management, and collaborative agendas. Fellow integrates with various productivity tools and provides analytics to improve meeting habits across teams. It was founded in 2017 and is based in Ottawa, Canada.

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