About Speechmatics
Speechmatics is a Technology company based in Cambridge (United Kingdom). It operates as a provider of cloud-based speech recognition solutions. Speechmatics has raised $90.6 million across 5 funding rounds from investors including Albion Capital, Susquehanna Growth Equity and AlbionVC. Speechmatics was last valued at $53.2 million in June 2020. Its website speechmatics.com draws about 185 thousand monthly visits. Speechmatics offers products and services including Speech-to-Text API, Voice Agent API, and Flow. Its focus areas include High Tech, Speech and Voice Recognition, Applications and Speech to Text. Its legal entity is CANTAB RESEARCH LIMITED. Its competitors include Otter.ai, Deepgram, Verbit, Descript and YITU and 4 more; 9 of its 9 listed competitors have raised funding.
Company details
Speechmatics provides cloud-based speech recognition technology based on deep learning neural networks. Its technology can be used to extract audio from common file formats which is then transcribed along with speaker recognition, punctuation and timings. by converting audio to text, the audio becomes searchable and analysable. The technology can be used by a client via a web interface or REST API. Clients include Red Bee, Digital Anarchy, Red Box, Screen Systems and more.
- Headquarters Cambridge, United Kingdom
- Stage Minicorn
- SectorsTechnology
- Website speechmatics.com
- Social LinkedIn X Facebook YouTube
- Legal Name Cantab Research Limited
- Date of Incorporation 03 Feb, 2006
- Jurisdiction CAMBRIDGE, ENGLAND
- Total Equity Funding$90.6M (USD)
in 5 rounds
- Latest Funding Round$62M (USD), Series B
Jun 2022
- InvestorsAlbion Capital
& 8 more
Products & Services of Speechmatics
Speechmatics offers a comprehensive portfolio of products and services, including Speech-to-Text API, Voice Agent API, and Flow.
Delivers accurate real-time transcription for diverse audio inputs.
Enables natural and secure voice interactions for enterprise applications.
Facilitates responsive voice conversations with high accuracy.
Apps and channels of Speechmatics
its YouTube channel Speechmatics has 1.09K subscribers and 30 videos.
Videos from Speechmatics
The most watched videos on Speechmatics's YouTube channel, Speechmatics (1.09K subscribers). Click a video to play it here.
More on Speechmatics.
Funding Insights of Speechmatics
Speechmatics has successfully raised a total of $90.6M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $62 million completed in June 2022. 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 $90.6M
- Total Rounds 5
- Last Round Series B — $62M
- First Round $2.8M
(Jan 2017)
- Investors Count 9
All 5 funding rounds of Speechmatics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $62M | Series B | – | Susquehanna Growth Equity | |
| Jun 2020 | $664,000 | Series A | $53.2M | – | – |
| Oct 2019 | $8.23M | Series A | – | Albion Capital Group | |
| Jan 2018 | $16.9M | Series A | $51.4M | – | – |
| Jan 2017 | $2.8M | Seed | $••••• | Amadeus Capital, IQ Capital |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2020 | $53.2M | •••••••• |
| Jan 2018 | $51.4M | •••••••• |
| Jan 2017 | $••••• | •••••••• |
Full valuation and stage history of Speechmatics
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
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Verified entity values are shown only after access is granted.
Last known valuation $53.2M (Jun 2020). 9 investors in total: 5 institutional and 4 angel.
Investors in Speechmatics
Speechmatics has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Albion Capital, Susquehanna Growth Equity and AlbionVC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm | – | sgep.com | Bala Cynwyd, United States | |
Venture capital firm focused on investing in tech startups | – | albion.vc | London, United Kingdom | |
Deep tech venture capital firm investing in European and global startups. | – | iqcapital.vc | - | |
Venture capital investments are managed by Albion Capital. | 1996 | albion.capital | London, United Kingdom | |
Early-stage deep technology investments are made by Amadeus Capital. | – | amadeuscapital.com | London, United Kingdom | |
LG Laurence Garrett | Partner at Highland Europe, active angel investor in tech startups | – | unknown_a991310ba4a944c9b | - |
TB Ted Briscoe | Indian angel investor focusing on early-stage tech startups. | – | unknown_536f3ee16cf24fe0b | - |
ES Ed Stacey | - | – | unknown_c69f7b44dc5d44518 | - |
RG Richard Gibson | - | – | unknown_24b953a1e22a4e6fa | - |
Investor details for Speechmatics
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People of Speechmatics
27 people are tracked at Speechmatics (12 in leadership, 1 in board & advisors, 14 in team).
| Name | Role | Group |
|---|---|---|
Katrina Maria Wigdahl | – | Leadership |
Charles Hobley | – | Leadership |
Duncan John Milliken | – | Leadership |
Robert James Whitby-smith | – | Leadership |
Katy Wigdahl | CEO | Leadership |
Lauren King | VP, Marketing | Leadership |
David Field | Senior Director, People & Talent | Leadership |
Antony Berg | Chief Financial Officer | Leadership |
Emily Mendes | Executive Assistant to the CEO | Leadership |
Sam Sykes | Senior Director, Innovation | Leadership |
Ricardo Herreros-Symons | Chief Strategy Officer | Leadership |
Dani Rendon | Head Of Business Development | Leadership |
Tony Robinson | Founder | Board & advisors |
Minh Phùng | Strategic Finance & Partnerships | Team |
Sian Johnson-James | People Partnering Lead | Team |
Ujjwal C. | Business Development Representative | Team |
David Agmen-Smith | Product | Team |
Julian Johnson | Strategic Advisor | Team |
Daniel Harlock | Group Financial Controller | Team |
Simon Percival | Finance Manager | Team |
7 more people are available in the full profile.
Complete people profiles for Speechmatics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Speechmatics
3 dated milestones of Speechmatics across 5 years, from founding to its latest funding, stage changes and deals.
- Funding First funding round of $2.8M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $62.0M.
Competitors of Speechmatics
Speechmatics has 9 listed competitors in our database, 9 of them funded. They include Otter.ai, Deepgram, Verbit, Descript and YITU, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| otter.ai | 2016 | Los Altos, United States | $70M | – | AI-based voice transcription for meetings is provided via cloud software. | |
| deepgram.com | 2015 | San Francisco, United States | $85.92M | 107 | AI-based speech transcription software is provided using deep learning models. | |
| verbit.ai | 2017 | New York, United States | $550M | 535 | Speech recognition applications are developed via cloud-based AI platform. | |
| descript.com | 2017 | San Francisco, United States | $100.59M | 123 | Automated transcribing solution provider for audio files | |
| yitutech.com | 2012 | Xuhui, China | $385.07M | – | AI-based decision intelligence platforms are provided for multiple sectors. | |
| trint.com | 2014 | London, United Kingdom | $27.18M | 98 | AI-driven transcription of audio and video files is provided. | |
| transcribeme.com | 2011 | San Francisco, United States | $9.6M | – | Audio speech is converted to searchable text by TranscribeMe. | |
| 3playmedia.com | 2007 | United States | $961,601 | 174 | Captioning, transcription, and translation solutions are supplied to enterprises. | |
| vocitec.com | 2006 | Pittsburgh, United States | $17.51M | 44 | Hardware accelerated speech recognition technology |
Detailed competitors of Speechmatics
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Web traffic of Speechmatics
The website of Speechmatics (speechmatics.com) receives about 185.2K visits a month.
- Monthly visits185.2K
▼ 2.8% vs previous month
Websites whose visitors overlap most with Speechmatics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| alugha.com | 100% | 442K | #139,041 | View details | |
| tavus.io | 100% | 228.8K | #181,726 | View details | |
| deepgram.com | 98% | 834.1K | #62,384 | View details | |
| trengo.com | 97% | 387.6K | #90,559 | View details | |
| assemblyai.com | 97% | 595.5K | #86,338 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Speechmatics
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
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Top companies in AI Core Platforms & Infrastructure
10 companies that operate in the same segment as Speechmatics (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Photo editing and sharing apps are developed by Meitu. | 2008 | Xiamen, Fujian, China | USD 525 M | USD 536.99 M | 719 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 180.07 B | – | 11,115 | |
AI-based system-on-chips are developed for advanced driver assistance systems. | 1999 | Jerusalem, Jerusalem District, Israel | USD 530 M | USD 1.89 B | 3,820 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 132.31 B | – | 6,146 | |
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
AI-based conversational solutions are provided for user interactions and learning. | 2021 | Menlo Park, California, United States | USD 193 M | – | 325 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 | |
Provider of AI-based drone surveillance solutions for defense and maritime sector | 2017 | Orange, California, United States | USD 11.29 B | – | 9,670 | |
Citation-based AI answer engine with real-time sourcing is operated. | 2022 | San Francisco, California, United States | USD 1.72 B | – | 1,401 |
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Related news about Speechmatics
Complete news archive for Speechmatics
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Frequently Asked Questions about Speechmatics
Speechmatics is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
Speechmatics is a funded company, having raised a total of $90.6M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.8M, raised on Jan 2017.
Speechmatics provides cloud-based speech recognition technology based on deep learning neural networks. Its technology can be used to extract audio from common file formats which is then transcribed along with speaker recognition, punctuation and timings. by converting audio to text, the audio becomes searchable and analysable. The technology can be used by a client via a web interface or REST API. Clients include Red Bee, Digital Anarchy, Red Box, Screen Systems and more.
Speechmatics offers Speech-to-Text API, Voice Agent API, and Flow.
Speechmatics has 9 investors. Key investors include Albion Capital, Susquehanna Growth Equity, AlbionVC, IQ Capital, and Amadeus Capital Partners.
The valuation of Speechmatics is $53.2M as of Jun 2020.
Speechmatics operates through Cantab Research Limited.
The website of Speechmatics receives about 185 thousand visits a month.