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Deepgram - About the company

Deepgram is a series C company based in San Francisco (United States), founded in 2015 by Scott Stephenson, Adam Sypniewski and Noah Shutty. It operates as a Provider of AI-based speech transcription software. Deepgram has raised $229M in funding from investors like Y Combinator, Tiger Global Management and Nvidia, with a current valuation of $*****. The company has 224 active competitors, including 26 funded and 9 that have exited. Its top competitors include companies like Verbit, Otter.ai and Descript.

Company Details

Provider of AI-based speech transcription software. It uses deep learning-enabled and custom-trained speech models to process voice data. Its features include speech-to-text, real-time streaming, multi-language support, as well as on-premise deplorability. It has applications in monitoring sales and support calls. Caters to the Finance, Government, and Software industries.
Social
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Registered Address
Foster City, California
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Series C
Total Funding
$229M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 22, 2022
Ranked
Employee Count
326 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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Deepgram's funding and investors

Deepgram has raised a total funding of $229M over 8 rounds. Its first funding round was on Mar 23, 2016. Its latest funding round was a Series C round on Dec 05, 2025 for $*****. 14 investors participated in its latest round. Deepgram has 32 institutional investors.

Here is the list of recent funding rounds of Deepgram:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 05, 2025
6028882
Series C
6695350
8359789
5727287
3129306
Nov 26, 2022
7464833
Series B
3324768
1409207
6029863
Jan 14, 2021
6166685
Series B
3615678
7871830
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Deepgram's founders and board of directors

Founder? Claim Profile
The founders of Deepgram are Scott Stephenson, Adam Sypniewski and Noah Shutty. Scott Stephenson is the CEO of Deepgram.
Here are the details of Deepgram's key team members:

Deepgram's Board of Directors

Deepgram's board has 4 active members. Scott Stephenson, Adam Sypniewski, Zach DeWitt and Dave Wilner are independent board members.
Here is the list of Deepgram's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
5y 4m
mb{f{ei
Independent board member
-
Current
3y 2m
eovofeb
Independent board member
-
Current
3y 5m
urhfesy
Independent board member
-
Current
2y 9m

Deepgram's employee count trend

Deepgram has 326 employees as of May 26. Here is Deepgram's employee count trend over the years:
Employee count trend for Deepgram
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Deepgram's Competitors and alternates

Top competitors of Deepgram include Verbit, Otter.ai and Descript. Here is the list of Top 10 competitors of Deepgram, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Verbit
Verbit
2017, New York City (United States), Series E
Provider of cloud and AI-based natural language processing platform to develop speech recognition applications
$550M
75/100
2nd
Logo for Otter.ai
Otter.ai
2016, Los Altos (United States), Series B
Developer of an AI meeting agent providing transcription and summarization
$70M
75/100
3rd
Logo for Deepgram
Deepgram
2015, San Francisco (United States), Series C
Provider of AI-based speech transcription software
$229M
70/100
4th
Logo for Descript
Descript
2017, San Francisco (United States), Series C
Provider of an AI-powered platform for video and podcast creation
$101M
65/100
5th
Logo for Speechmatics
Speechmatics
2006, Cambridge (United Kingdom), Series B
Provider of speech recognition software for real time voice processing
$90.6M
64/100
6th
Logo for Wispr Flow
Wispr Flow
2021, San Francisco (United States), Series A
Developer of AI-powered voice dictation software for seamless text creation
$81M
62/100
7th
Logo for 3Play Media
3Play Media
2008, United States, Acquired
Provider of captioning, transcription, translation solutions to enterprises
$962K
62/100
8th
Logo for TranscribeMe
TranscribeMe
2011, San Francisco (United States), Series A
Audio search & transcription platform
$9.6M
57/100
9th
Logo for Trint
Trint
2014, London (United Kingdom), Series A
Automated transcription to help various industries
$27.2M
56/100
10th
Logo for Voci Technologies
Voci Technologies
2006, Pittsburgh (United States), Acquired
Hardware accelerated speech recognition technology
$17.5M
55/100
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Deepgram's Investments and acquisitions

Deepgram has acquired 2 companies including Of.one and Poised Systems. Deepgram has not made any investments as of now.

News related to Deepgram

lockFilter this list
Media has covered Deepgram for a total of 23 events in the last 1 year, 13 of them have been about company updates and 4 about partnerships.
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