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Speech - About the company

Speech is an acquired company based in Austria. It operates as a Developer of hardware and software solutions for speech-to-text functionality. Speech has raised an undisclosed amount in funding. The company has 324 active competitors, including 24 funded and 12 that have exited. Its top competitors include companies like Otter.ai, Verbit and Wispr Flow.

Company Details

Developer of hardware and software solutions for speech-to-text functionality. The company provides tools designed to simplify workflows through voice-based technology. These offerings aim to improve efficiency and allow users to concentrate on primary responsibilities. The company’s products include dictation and transcription software, along with professional dictation hardware.
Key Metrics
Location
Stage
Acquired
Ranked
Employee Count
11 - 50 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Raiffeisen Invest Private Equity (May 15, 2012)

Speech's acquisition details

Speech got acquired by Raiffeisen Invest Private Equity on May 15, 2012.
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Speech's funding and investors

Speech has raised funding over 1 round.

Here is the list of recent funding rounds of Speech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 09, 2015
4017927
Grant (prize money)
4627509
1078977
6587556
4870930
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Speech's founders and board of directors

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Speech's employee count trend

Speech has 11 - 50 employees as of Jul 24. Here is Speech's employee count trend over the years:
Employee count trend for Speech
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Speech's Competitors and alternates

Top competitors of Speech include Otter.ai, Verbit and Wispr Flow. Here is the list of Top 10 competitors of Speech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Otter.ai
Otter.ai
2016, Los Altos (United States), Series B
Developer of an AI meeting agent providing transcription and summarization
$70M
79/100
2nd
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
3rd
Logo for Wispr Flow
Wispr Flow
2021, San Francisco (United States), Series B
Developer of AI-powered voice dictation software for seamless text creation
$361M
68/100
4th
Logo for Deepgram
Deepgram
2015, San Francisco (United States), Series C
Provider of AI-based speech transcription software
$229M
66/100
5th
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
6th
Logo for Speechmatics
Speechmatics
2006, Cambridge (United Kingdom), Series B
Provider of speech recognition software for real time voice processing
$90.6M
64/100
7th
Logo for 3Play Media
3Play Media
2008, United States, Acquired
Provider of captioning, transcription, translation solutions to enterprises
$962K
60/100
8th
Logo for Gladia
Gladia
2022, Cesson Sevigne (France), Acquired
Provider of speech-to-text APIs for developers
$20.3M
58/100
9th
Logo for TranscribeMe
TranscribeMe
2011, San Francisco (United States), Series A
Audio search & transcription platform
$9.6M
56/100
10th
Logo for Voci Technologies
Voci Technologies
2006, Pittsburgh (United States), Acquired
Hardware accelerated speech recognition technology
$17.5M
55/100
24th
Logo for Speech
Speech
Austria, Acquired
Developer of hardware and software solutions for speech-to-text functionality
-
-
39/100
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Speech's Investments and acquisitions

Speech has made no investments or acquisitions yet.

Reports related to Speech

Here is the latest report on Speech's sector:

News related to Speech

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Media has covered Speech for a total of 4 events in the last 1 year, 4 of them have been about company updates.
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FAQs about Speech

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