
Verbit
Founded Year
2017Stage
Secondary Market | AliveTotal Raised
$532MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+18 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.
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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.
The generative AI — meeting & call intelligence platforms market focuses on solutions that automatically transcribe and analyze spoken conversations from meetings, calls, and video conferences. These platforms convert speech to text with high accuracy, then apply AI to extract insights, identify key moments, generate summaries, and identify action items. Some providers specialize in real-time tran…
Verbit named as Highflier among 15 other companies, including Deepgram, Fireflies.ai, and Speechmatics.
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.
Unicorns- Billion Dollar Startups
1,277 items
Artificial Intelligence
9,913 items
Verbit Patents
Verbit has filed 14 patents.
The 3 most popular patent topics include:
- artificial intelligence applications
- audio engineering
- computational linguistics

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
Jun 12, 2025
STATES, June 12, 2025 / EINPresswire.com / -- Verbit, the leading voice AI transcription and captioning platform, has unveiled a game-changing feature for its Captivate™ ASR solution — speaker identification. This innovation dramatically improves the quality and clarity of automated captions during live broadcasts by identifying not just speaker changes but the speakers themselves. For the first time in automated broadcast captioning, viewers will see captions clearly identifying the speaker versus only generic chevrons (>>) or dashes traditionally used to indicate speaker transitions. >> JONATHAN WILLIAMS: Let's look at some of today's top stories in the news. >> NICOLE HAINES: Dangerous storms firing off in the southern plains and pushing east. >> DAN THOMPSON : He pitched a strong game but looks like they're calling on the bullpen. Launching with Verbit's media customers across news, weather and live sports, the speaker ID feature delivers a clearer understanding of fast, overlapping and multi-speaker dialogue as well as a more accessible experience for millions who rely on captions. “Live ASR caption viewers deserve the same clarity and context that human captioning has long provided,” said Verbit General Manager Doug Karlovits. “Our new speaker identification solution leverages the most advanced and innovative speaker models — far surpassing traditional ASR outputs — to achieve the highest accuracy for speaker IDs.” How Verbit's Automated Speaker Identification Works Verbit's professional Global Prep Team captures voice profiles, or “voice signatures,” from designated speakers, such as anchors, reporters or sportscasters, before a program goes to air. These signatures are labeled, added to Verbit's trained acoustic and language models and activated during live broadcasts to accurately and clearly tag who's speaking in real time. “We work with customers to determine which speakers they want to identify,” said Karlovits. “And as with all our services, we offer a range of customization options for speaker IDs and can tailor formatting and styles to specific customer requests and preferences.” The new feature also enhances customers' analytics capabilities, enabling broadcasters to track and analyze who said what — a true advantage for compliance, editorial decisions and future AI-powered workflows. Verbit's speaker identification is the latest addition to its Captivate ASR solution, which was recently named to Fast Company's ‘Next Big Things in Tech' list, and is designed to meet the specific needs of customers by providing accurate, cost-effective captions and transcripts. About Verbit Verbit is the world's leading verbal intelligence platform for speech-intensive industries, setting the standard for accuracy, efficiency and affordability. Powered by the latest in AI technology, Verbit helps businesses, organizations and individuals of all sizes turn spoken audio and video into accessible and actionable text. With a global network of human experts and its ever-evolving Captivate™ ASR engine, Verbit ensures exceptional results while scaling to meet any need. For more information, visit www.verbit.ai. David Titmus Verbit david.titmus@verbit.ai Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
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, Sapphire Ventures, Vertex Growth, More Capital, Third Point Ventures 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 provides meeting assistance within the technology sector. The company focuses on features like automated meeting notes, real-time transcription, and actionable insights for in-person and virtual meetings. It serves sectors such as business, sales, education, and media, as well as organizations that require meeting management and documentation. Otter.ai was formerly known as AISense. It was founded in 2016 and is based in Mountain View, California.

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.

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.
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.

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.

CapsAI offers artificial intelligence (AI)-powered subtitle generation for videos. It offers a tool that provides subtitles, improving video accessibility without the need for technical expertise. Its services are primarily utilized by content creators. It was founded in 2024 and is based in New Delhi, India.
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