AssemblyAI - About the company
AssemblyAI is a series C company based in San Francisco (United States), founded in 2017 by Dylan Fox. It operates as a Provider of speech to text solutions. AssemblyAI has raised $115M in funding from Accel and Insight Partners. The company has 241 active competitors, including 57 funded and 29 that have exited. Its top competitors include companies like ElevenLabs, SoundHound and Otter.ai.
Company Details
Provider of speech-to-text solutions. It offers API and SDK to integrate speech recognition features into applications or hardware devices for transcription. Its solution can also be deployed via the cloud and on-premise approach. It claims that its engine can understand multiple industry-specific keywords and phrases without additional training.
- Website
- www.assemblyai.com/
- Email ID
- *****@assemblyai.com
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series C
Total Funding
$115M in 4 rounds
Latest Funding Round
Ranked
6th among 241 active competitors
Employee Count
107 as on Jun 30, 2026
Similar Companies
Legal entities associated with AssemblyAI
AssemblyAI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ASSEMBLYAI INC CIN: 814983050 , United States, Active | Dec 31, 1999 | - | 59 (As on Dec 31, 2024) | - |
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AssemblyAI's funding and investors
AssemblyAI has raised a total funding of $115M over 4 rounds. Its first funding round was on 2017. Its latest funding round was a Series C round on Dec 04, 2023 for $*****. 7 investors participated in its latest round. AssemblyAI has 7 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of AssemblyAI:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 04, 2023 | 3277404 | Series C | 3482613 | 8978338 | 8411905 | 7201198 |
Jul 14, 2022 | 4440595 | Series B | 8725477 | 7699266 | 3351386 | |
Mar 04, 2022 | 3466291 | Series A | 6192926 | 1146275 |
View details of AssemblyAI's funding rounds and investors
AssemblyAI's founders and board of directors
Founder? Claim ProfileHere are the details of AssemblyAI's key team members:
- Dylan Fox: Founder & CEO of AssemblyAI. Contact Info: 1 email address
View details of AssemblyAI's Founder profiles and Board Members
AssemblyAI's employee count trend
AssemblyAI has 107 employees as of Jun 26. Here is AssemblyAI's employee count trend over the years:
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AssemblyAI's Competitors and alternates
Top competitors of AssemblyAI include ElevenLabs, SoundHound and Otter.ai. Here is the list of Top 10 competitors of AssemblyAI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ElevenLabs 2022, New York City (United States), Series D | AI platform for speech, voice cloning, music, and AI agents | $822M | 77/100 | |
2nd | SoundHound 2005, Santa Clara (United States), Public | Provider of cloud and AI-based sound recognition solutions for multiple applications | $191M | 76/100 | |
3rd | Otter.ai 2016, Los Altos (United States), Series B | Developer of an AI meeting agent providing transcription and summarization | $70M | 75/100 | |
4th | Developer of artificial intelligence models for speech and document processing | $275M | 71/100 | ||
5th | Sanas 2020, Palo Alto (United States), Series B | AI powered accent translation software | $121M | 68/100 | |
6th | AssemblyAI 2017, San Francisco (United States), Series C | Provider of speech to text solutions | $115M | 67/100 | |
7th | Provider of AI-based speech and language interaction technology | - | 65/100 | ||
8th | Provider of AI-backed voice solutions for multiple industries | $302M | 64/100 | ||
9th | AudioEye 2005, Tucson (United States), Public | Platform offering cloud-based digital accessibility for businesses | $11.5M | 62/100 | |
10th | Sensory 1994, Santa Clara (United States), Funding Raised | Provider of embeddable speech and vision technologies for consmer products | - | 59/100 |
Looking for more details on AssemblyAI's competitors? Click here to see the top ones
AssemblyAI's Investments and acquisitions
AssemblyAI has made no investments or acquisitions yet.
Reports related to AssemblyAI
Here is the latest report on AssemblyAI's sector:
News related to AssemblyAI
Media has covered AssemblyAI for 1 event in last 1 year, It was about company updates.
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Assembly AI Introduces Universal-1 Model with a Remarkable 30% Reduction in Hallucinations Compared to WhisperGlobal Village Space•Apr 04, 2024•AssemblyAI
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AssemblyAI’s $50 Million Series C Funding RoundGlobal Legal Chronicle•Dec 14, 2023•Willkie Farr & Gallagher, Insight Partners, AssemblyAI
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AI startup AssemblyAI completes $50 million in financing01caijing.com•Dec 05, 2023•AssemblyAI, Accel, Insight Partners, Smith Point Capital and 2 others
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Loop Media Partners With AssemblyAI To Launch Its AI-Powered Brand Safety SolutionBusiness Wire•Jul 25, 2023•Loop, AssemblyAI
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AssemblyAI Raises $30M in Series B FundingFinSMEs•Jul 14, 2022•AssemblyAI, Insight Partners, Accel, Y Combinator
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AssemblyAI wants to put customized speech recognition within reach of any developerStarter Incubator•Aug 10, 2017•AssemblyAI
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