About Deepgram
Deepgram is a company based in San Francisco (United States) founded in 2015 by Scott Stephenson.. Deepgram has raised $229.09 million across 8 funding rounds from investors including Nvidia, Citi and BlackRock. Deepgram has completed 2 acquisitions, including Of.one and Poised Systems. Deepgram offers products and services including Voice Agent API, Text to Speech API, Speech to Text API, and Audio Intelligence API. Deepgram operates in a competitive market with competitors including Otter.ai, Verbit, Descript, YITU and Trint, among others.
- Headquarter San Francisco, United States
- Founders Scott Stephenson
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Deepgram
Deepgram offers a comprehensive portfolio of products and services, including Voice Agent API, Text to Speech API, Speech to Text API, and Audio Intelligence API. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables real-time conversations between humans and AI agents.
Converts text into natural-sounding human-like voices quickly.
Transcribes speech with high accuracy and speed for analysis.
Extracts insights like sentiment and summaries from audio.
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Funding Insights of Deepgram
Deepgram has successfully raised a total of $229.09M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $143.17 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series C — $143.2M
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First Round
First Round
(23 Mar 2016)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2025 | Amount | Series C - Deepgram | Valuation | AVP | |
| Nov, 2022 | Amount | Series B - Deepgram | Valuation | Madrona Venture Group | |
| Jan, 2021 | Amount | Series B - Deepgram | Valuation | Tiger Global Management |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Deepgram
Deepgram has secured backing from 23 investors, including venture fund and institutional investors. Prominent investors backing the company include Nvidia, Citi and BlackRock. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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VC fund focused on equity markets
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Founded Year | Domain | Location | |
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Venture capital fund and fund of funds focused on early-stage startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deepgram
Deepgram has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Of.one and Poised Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of AI-enabled voice ordering solutions to drive-through and restaurant businesses
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2022 | ||||
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AI-enabled assistant for online meetings and feedback is provided.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Deepgram
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deepgram Comparisons
Competitors of Deepgram
Deepgram operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Otter.ai, Verbit, Descript, YITU and Trint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-based voice transcription for meetings is provided via cloud software.
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| domain | founded_year | HQ Location |
Speech recognition applications are developed via cloud-based AI platform.
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| domain | founded_year | HQ Location |
Automated transcribing solution provider for audio files
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| domain | founded_year | HQ Location |
AI-based decision intelligence platforms are provided for multiple sectors.
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| domain | founded_year | HQ Location |
AI-driven transcription of audio and video files is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Deepgram
Frequently Asked Questions about Deepgram
When was Deepgram founded?
Deepgram was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Deepgram located?
Deepgram is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Deepgram?
Scott Stephenson is the current CEO of Deepgram. They have also founded this company.
Is Deepgram a funded company?
Deepgram is a funded company, having raised a total of $229.09M across 8 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Mar 23, 2016.
What does Deepgram do?
Deepgram was founded in 2015 in San Francisco, United States. AI-based speech transcription software is offered, with deep learning-enabled and custom-trained models utilized for processing voice data. Core services encompass speech-to-text conversion, real-time streaming, multi-language capabilities, and on-premise deployment. These tools are applied in monitoring sales and support calls across the Finance, Government, and Software sectors.
Who are the top competitors of Deepgram?
What products or services does Deepgram offer?
Deepgram offers Voice Agent API, Text to Speech API, Speech to Text API, and Audio Intelligence API.
How many acquisitions has Deepgram made?
Deepgram has made 2 acquisitions, including Of.one, and Poised Systems.
Who are Deepgram's investors?
Deepgram has 23 investors. Key investors include Nvidia, Citi, BlackRock, Alkeon Capital Management, and Madrona.
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