Speechmatics - About the company
Speechmatics is a series B company based in Cambridge (United Kingdom), founded in 2006 by Tony Robinson. It operates as a Provider of speech recognition software for real time voice processing. Speechmatics has raised $90.6M in funding from investors like Susquehanna Growth Equity, Amadeus Capital and Albion Capital Group, with a current valuation of $*****. The company has 315 active competitors, including 24 funded and 12 that have exited. Its top competitors include companies like Otter.ai, Verbit and Wispr Flow.
Company Details
Provider of speech recognition software for real time voice processing. The technology converts spoken language into text for applications including automated captioning, contact center analytics, and medical documentation. The software supports multiple languages and operates across various deployment environments, including cloud, on-premises, and local hardware. It provides tools for building voice agents and meeting transcription platforms. The system focuses on low latency and accuracy for professional and technical use cases.
- Website
- www.speechmatics.com/
- Social
- Email ID
- *****@speechmatics.com
Key Metrics
Founded Year
2006
Location
Cambridge, United Kingdom
Stage
Series B
Total Funding
$90.6M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 01, 2020
Investors
Ranked
6th among 315 active competitors
Annual Revenue
£10M - £50M as on Dec 31, 2024
Employee Count
115 as on Jul 31, 2026
Legal entities associated with Speechmatics
Speechmatics is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SPEECHMATICS (INDIA) PRIVATE LIMITED CIN: U72900TN2019FTC132354 , India, Dissolved under section 59(8) | Nov 04, 2019 | 0 - ₹10 Cr (As on Mar 31, 2023) | 11 (As on Mar 31, 2023) | |
CANTAB RESEARCH LIMITED CIN: 5697423 , Germany, Active | Feb 02, 2006 | £10M - £50M (As on Dec 31, 2024) | 117 (As on Dec 31, 2024) |
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Speechmatics's funding and investors
Speechmatics has raised a total funding of $90.6M over 5 rounds. Its first funding round was on Jan 05, 2017. Its latest funding round was a Series B round on Jun 27, 2022 for $*****. 3 investors participated in its latest round. Speechmatics has 8 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of Speechmatics:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 27, 2022 | 7539655 | Series B | 4131227 | 4001532 | 9732540 | 3597210 |
Jun 01, 2020 | 3582606 | Series A | 2201436 | 4496484 | 2024774 | 7069959 |
Oct 21, 2019 | 8202712 | Series A | 7464791 | 2016638 |
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Speechmatics' founders and board of directors
Founder? Claim ProfileThe founders of Speechmatics is Tony Robinson.
Here are the details of Speechmatics' key team members:
- Tony Robinson: Founder of Speechmatics. They are also an angel investor in 1 startup and serve on the board of 1 company.
Speechmatics' Board of Directors
Speechmatics's board has 2 active members. Tony Robinson and Robert James Whitby-smith are part of team.Here is the list of Speechmatics' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 20y 7m | |
fwiscpp | Team | - | Current | 7y 7m |
View details of Speechmatics's Founder profiles and Board Members
Speechmatics' employee count trend
Speechmatics has 115 employees as of Jul 26. Here is Speechmatics's employee count trend over the years:
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Speechmatics's Competitors and alternates
Top competitors of Speechmatics include Otter.ai, Verbit and Wispr Flow. Here is the list of Top 10 competitors of Speechmatics, 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 | Wispr Flow 2021, San Francisco (United States), Series B | Developer of AI-powered voice dictation software for seamless text creation | $361M | 68/100 | |
4th |  Deepgram 2015, San Francisco (United States), Series C | Provider of AI-based speech transcription software | $229M | 66/100 | |
5th | Descript 2017, San Francisco (United States), Series C | Provider of an AI-powered platform for video and podcast creation | $101M | 65/100 | |
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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Speechmatics's Investments and acquisitions
Speechmatics has made no investments or acquisitions yet.
Reports related to Speechmatics
Here is the latest report on Speechmatics's sector:
News related to Speechmatics
Filter this listMedia has covered Speechmatics for a total of 8 events in the last 1 year, 7 of them have been about partnerships and 1 about company updates.
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Stenograph and Speechmatics Announce Industry-First On-Device Integration for CATalyst VPGlobeNewswire•Jul 22, 2026•Speechmatics, Stenograph
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Adobe and Speechmatics Deliver Cloud-Grade Speech Recognition On-Device for Premiere
Nat Law Review•Apr 21, 2026•Speechmatics, Adobe
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Speechmatics and Cekura bring real-world STT testing to voice agent pipelines
Speechmatics•Apr 01, 2026•Speechmatics, Cekura
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Speechmatics Achieves a World First in Bilingual Voice AI with New Arabic–English Medical ModelBusiness Wire•Mar 10, 2026•Speechmatics
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Speechmatics & Edvak EHR Partner for Voice AI in Clinical AutomationGlobeNewswire•Feb 17, 2026•Edvak EHR, Speechmatics
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Speechmatics & Boost.ai Partner for Enterprise Voice AIGlobeNewswire•Feb 12, 2026•boost.ai, Speechmatics
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VCONIC & Speechmatics Partner to Boost Conversation IntelligenceGlobeNewswire•Feb 10, 2026•Speechmatics, Vconic
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Speechmatics and Sully.ai Partner to Scale Healthcare AI Infrastructure GloballyBusiness Wire•Jan 12, 2026•Sully, Speechmatics
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