Deepgram - About the company
Deepgram is a series C company based in San Francisco (United States), founded in 2015 by Scott Stephenson and Adam Sypniewski. 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 $202M - $333M. The company has 332 active competitors, including 24 funded and 12 that have exited. Its top competitors include companies like Otter.ai, Verbit and Descript.
Sectors and market segments that Deepgram operate in
Deepgram serves in the High Tech, Native AI market segments.The primary business model of Deepgram are:- High Tech > Speech and Voice Recognition > ***** **** > ***** ******
- High Tech > AI Infrastructure > ***** **** > ***** ******
- Native AI > AI Infrastructure > ***** **** > ***** ******
- Native AI > Voice AI > ***** **** > ***** ******
- Native AI > Artificial Intelligence > ***** **** > ***** ******
- High Tech > Agentic AI > ***** **** > ***** ******
- Native AI > Agentic AI > ***** **** > ***** ******
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.
- Website
- deepgram.com
- Social
- 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
$202M - $333M as on Nov 22, 2022
Investors
Ranked
3rd among 332 active competitors
Employee Count
377 as on Aug 31, 2026
Legal entities associated with Deepgram
Deepgram is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Deepgram, Inc. CIN: 20218094196 , United States, Active | Nov 22, 2021 | - | - | - |
SNEAKERFACE LLC CIN: 5805714 , United States, Active | Aug 06, 2020 | - | - | - |
DEEPGRAM, INC. CIN: 5880602 , United States, Active | Nov 18, 2020 | - | 85 (As on Dec 31, 2023) | - |
DEEPGRAM, INC. CIN: 474873919 , United States, Active | Dec 31, 1999 | - | 85 (As on Dec 31, 2023) | - |
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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 $143M. 14 investors participated in its latest round. Deepgram has 32 institutional investors.
Here is the list of recent funding rounds of Deepgram:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 05, 2025 | $143M | Series C | - | - | ||
Nov 26, 2022 | $47M | Series B | - | - | ||
Jan 14, 2021 | $25M | Series B | - | - |
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Deepgram's founders and board of directors
Founder? Claim ProfileThe founders of Deepgram are Scott Stephenson and Adam Sypniewski. Scott Stephenson is the CEO of Deepgram.
Here are the details of Deepgram's key team members:
- Scott Stephenson: Co-Founder, CEO of Deepgram. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Adam Sypniewski: CTO of Deepgram. They serve on the board of 1 company.Contact Info: 1 email address
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 7m | |
Independent board member | - | Current | 5y 7m | |
Independent board member | - | Current | 5y 7m | |
Independent board member | - | Current | 3y 9m |
View details of Deepgram's Founder profiles and Board Members
Deepgram's employee count trend
Deepgram has 377 employees as of Aug 26. Here is Deepgram's employee count trend over the years:
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Deepgram's Competitors and alternates
Top competitors of Deepgram include Otter.ai, Verbit and Descript. Here is the list of Top 10 competitors of Deepgram, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Otter.ai 2016, Los Altos (United States), Series B | Developer of an AI meeting agent providing transcription and summarization | $70M | 79/100 | |
2nd |  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 | |
3rd |  Deepgram 2015, San Francisco (United States), Series C | Provider of AI-based speech transcription software | $229M | 66/100 | |
4th | Descript 2017, San Francisco (United States), Series C | Provider of an AI-powered platform for video and podcast creation | $101M | 65/100 | |
5th | Wispr Flow 2021, San Francisco (United States), Series B | Developer of AI-powered voice dictation software for seamless text creation | $361M | 64/100 | |
6th |  Speechmatics 2006, Cambridge (United Kingdom), Series B | Provider of speech recognition software for real time voice processing | $90.6M | 64/100 | |
7th | 3Play Media 2008, United States, Acquired | Provider of captioning, transcription, translation solutions to enterprises | $962K | 60/100 | |
8th | Provider of speech-to-text APIs for developers | $20.3M | 58/100 | ||
9th |  TranscribeMe 2011, San Francisco (United States), Series A | Audio search & transcription platform | $9.6M | 56/100 | |
10th | 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.Reports related to Deepgram
Here is the latest report on Deepgram's sector:
News related to Deepgram
Filter this listMedia has covered Deepgram for a total of 23 events in the last 1 year, 16 of them have been about company updates and 3 about partnerships.
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Deepgram to Establish APAC Headquarters in Singapore Following Strategic InvestmentIndia Shorts•Aug 18, 2026•Deepgram
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Text-to-Speech Comes of Age: Deepgram Launches Conversation-Native SpeechBusiness Wire•Aug 12, 2026•Deepgram
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Deepgram Brings Real-Time Voice AI to PCs with Snapdragon ProcessorsAiThority•Jul 22, 2026•Qualcomm, Deepgram, Samsung
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Bluebird Wealth Management Invests $5.73 Million in NVIDIA CorporationMarketBeat•May 31, 2026•Nvidia, Deepgram, Fortanix
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IBM Partners with Deepgram to Add Real-Time Speech to Watsonx OrchestrateSiliconAngle•Feb 24, 2026•IBM, Deepgram, Telefonica
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Deepgram has filed a notice of an exempt offering of securities to raise $147,992,812.00 in New Funding.intelligence360•Jan 28, 2026•Deepgram
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Deepgram Acquires OfOne, AI Order Automation Platform ProviderStartup Log•Jan 14, 2026•Of.one, Deepgram
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