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 189 active competitors, including 24 funded and 9 that have exited. Its top competitors include companies like Verbit, Otter.ai and 3Play Media.
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
$***** as on Nov 22, 2022
Investors
Ranked
3rd among 189 active competitors
Employee Count
288 as on Mar 31, 2026
Similar Companies
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: 5880602 , United States, Active | Nov 18, 2020 | - | 85 (As on Dec 31, 2023) | - |
SNEAKERFACE LLC CIN: 5805714 , United States, Active | Aug 06, 2020 | - | - | - |
DEEPGRAM, INC. CIN: 474873919 , United States, Active | Dec 31, 1999 | - | 85 (As on Dec 31, 2023) | - |
Deepgram, Inc. CIN: 20218094196 , United States, Active | Nov 22, 2021 | - | - | - |
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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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 05, 2025 | 2410571 | Series C | 5594510 | 3142528 | 6970266 | 7179289 |
Nov 26, 2022 | 3938612 | Series B | 8208175 | 2701670 | 4570129 | |
Jan 14, 2021 | 5393343 | Series B | 3681754 | 8814553 |
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Deepgram's founders and board of directors
Founder? Claim ProfileThe 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:
- Scott Stephenson: Co-Founder, CEO of Deepgram. They 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
- Noah Shutty: CTO & Co-Founder of Deepgram.
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 2m | |
egvzzxj | Independent board member | - | Current | 4y 2m |
awwzzwc | Independent board member | - | Current | 1y 6m |
olhkt{h | Independent board member | - | Current | 5y 5m |
View details of Deepgram's Founder profiles and Board Members
Deepgram's employee count trend
Deepgram has 288 employees as of Mar 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 Verbit, Otter.ai and 3Play Media. 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 |  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 | Otter.ai 2016, Los Altos (United States), Series B | Developer of an AI meeting agent providing transcription and summarization | $70M | 73/100 | |
3rd |  Deepgram 2015, San Francisco (United States), Series C | Provider of AI-based speech transcription software | $229M | 70/100 | |
4th | 3Play Media 2008, United States, Acquired | Provider of captioning, transcription, translation solutions to enterprises | $962K | 65/100 | |
5th | Descript 2017, San Francisco (United States), Series C | Automated transcribing solution provider for audio files | $101M | 64/100 | |
6th |  Speechmatics 2006, Cambridge (United Kingdom), Series B | Provider of cloud-based speech recognition solutions | $90.6M | 63/100 | |
7th | Trint 2014, London (United Kingdom), Series A | Automated transcription to help various industries | $27.2M | 57/100 | |
8th | Wispr Flow 2021, San Francisco (United States), Series A | Developer of AI-powered voice dictation software for seamless text creation | $81M | 57/100 | |
9th |  TranscribeMe 2011, San Francisco (United States), Series A | Audio search & transcription platform | $9.6M | 57/100 | |
10th | Provider of speech-to-text APIs for developers | $20.3M | 56/100 |
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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 19 events in the last 1 year, 10 of them have been about company updates and 3 about partnerships.
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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 Providerstartuplog.com•Jan 14, 2026•Of.one, Deepgram
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Deepgram Raises $130M Series C to Boost Voice AI and Acquire YC CompanyBitcoin Ethereum News•Jan 13, 2026•Deepgram, AVP, Princeville Capital, Twilio and 36 others
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Deepgram Launches Streaming Speech, Text, and Voice Agents on Amazon SageMakerAiThority•Dec 01, 2025•Deepgram, Amazon
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Deepgram Receives 2025 Customer Experience Innovation Award From CUSTOMER MagazineMarTech Series•Nov 17, 2025•Deepgram
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Deepgram Launches Flux - The World’s First Conversational Speech Recognition ModelBusiness Wire•Oct 03, 2025•Deepgram
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