About Verbit
Verbit is a Technology company based in New York (United States) founded in 2017 by Tom Livne, Eric Shellef, and Kobi Tzvi. Speech recognition applications are developed via cloud-based AI platform. Verbit has raised $550 million across 9 funding rounds from investors including SVB, European Union and BlackRock TCP Capital. The company has 1,624 employees. Verbit has completed 5 acquisitions, including Automatic Sync, Take 1 and Take Note. Verbit was last valued at $2 billion in January 2026. Its chief executive, as recorded, is Yair Amsterdam. Its website verbit.ai draws about 127 thousand monthly visits. Verbit offers products and services including Captioning Service, Transcription Service, Audio Description, Translation Service, and Note Taking. Its focus areas include High Tech, Speech and Voice Recognition, Applications and Speech to Text. Its legal entity is VERBIT, INC. Its competitors include Otter.ai, Deepgram and Descript; 3 of its 3 listed competitors have raised funding.
Company details
Verbit was founded in 2017 in New York, United States, as a provider in the AI and natural language processing sector. A cloud-based platform leveraging deep learning neural networks is offered for building speech recognition applications. These are applied in areas such as court reporting, depositions, education for disabilities, distance learning, media production, and business analysis, with operations centered in the U.S.
- Total Equity Funding$550M (USD)
in 9 rounds
- Latest Funding Round$250M (USD), Series E
Nov 2021
- InvestorsSVB
& 30 more
- Employee Count1,624
- Investments & AcquisitionsAutomatic Sync
& 4 more
Products & Services of Verbit
Verbit offers a comprehensive portfolio of products and services, including Captioning Service, Transcription Service, Audio Description, Translation Service, and Note Taking.
Delivers live and recorded captioning for media content.
Provides accurate audio transcription with actionable insights.
Offers descriptions of visual elements for accessibility.
Supports translation in over 50 languages for content.
Generates immediate drafts and final notes from audio.
Enables global reach through content dubbing.
Apps and channels of Verbit
its YouTube channel Verbit has 557 subscribers and 30 videos.
Videos from Verbit
The most watched videos on Verbit's YouTube channel, Verbit (557 subscribers). Click a video to play it here.
More on Verbit.
Funding Insights of Verbit
Verbit has successfully raised a total of $550M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $250 million completed in November 2021. 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 $550M
- Total Rounds 9
- Last Round Series E — $250M
- First Round $60,054
(Jan 2018)
- Investors Count 31
All 9 funding rounds of Verbit 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 |
|---|---|---|---|---|---|
| Nov 2021 | $250M | Series E | $2B | Third Point Ventures | |
| Jun 2021 | $157M | Series D | $1B | Sapphire Ventures | |
| Nov 2020 | $60M | Series C | – | Sapphire Ventures | |
| Jan 2020 | $31M | Series B | – | Stripes | |
| Jan 2019 | $23M | Series A | – | Viola Ventures | |
| Oct 2018 | Seed | – | Microsoft Accelerator | – | |
| Apr 2018 | $60,634 | Grant | – | – | |
| Mar 2018 | $11M | Seed | – | HV Capital | |
| Jan 2018 | $60,054 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $2B | •••••••• |
| Jun 2021 | $1B | •••••••• |
Last known valuation $2B (Jan 2026). 31 investors in total: 30 institutional and 1 angel.
Investors in Verbit
Verbit has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, European Union and BlackRock TCP Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed venture capital is focused on fintech and multiple sectors. | thirdpointventures.com | Menlo Park, United States | ||
Venture capital firm partnering with enterprise software companies and early-stage funds. | sapphireventures.com | |||
Early-stage AI startups are funded by Disruptive AI. | 2021 | disruptiveai.fund | Herzliya, Israel | |
Early & late stage investments focused PE & VC firm | vertexgrowth.com | |||
Venture capital fund investing in early-stage tech startups | samsungnext.com | Berlin, Germany | ||
Private equity investments are directed toward US markets. | 2012 | tcpcapital.com | Santa Monica, United States | |
Global investments are made in product-led growth companies. | stripes.co | New York, United States | ||
Venture capital funding is provided to digital company founders. | hvcapital.com | Munich, Germany | ||
Tech focused early stage VC firm investing in Israel | vertexventures.co.il | Savyon, Israel | ||
Investments are made in early-stage technology companies globally. | viola-group.com | Herzliya, Israel |
Investor details for Verbit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Verbit
94 people are tracked at Verbit (20 in leadership, 7 in board & advisors, 67 in team); the tracked headcount is 1,624.
| Name | Role | Group |
|---|---|---|
Tom Livne | Co-Founder & Chairman | Leadership |
Yair Amsterdam | CEO | Leadership |
Eric Shellef | Founder | Leadership |
Kobi Tzvi | Founder | Leadership |
Michal Hershkovitz | Chief of Staff | Leadership |
Tara L. Stevens | Vp, Human Resources - N. America | Leadership |
Eli Pasi | VP, Corporate Development & Strategy | Leadership |
Shavone Kennedy | Senior Global HR Director | Leadership |
Morgan D. | Director Of Post-production Operations | Leadership |
Barak Rozenblat | COO | Leadership |
Nafeesah Pierkhan | Vp, Legal Services | Leadership |
Jeff Winter | Devops Director, US Devops | Leadership |
Simon Rapoport | Chief Technology Officer | Leadership |
Netta Mel | Head Of Human Resources Operations | Leadership |
Jp Son | Chief Legal Officer & Corporate Secretary | Leadership |
Matan Barak | Head Of Legal Product | Leadership |
Leigh Noble | Director Of Legal Operations | Leadership |
Moshe Ravid | R&d Director | Leadership |
Asif Tirosh | Director Of Information Systems | Leadership |
Anton Priadko | R&d Director | Leadership |
74 more people are available in the full profile.
Complete people profiles for Verbit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Verbit
Verbit has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Automatic Sync, Take 1 and Take Note.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Transcription and compliance services are provided to clients. | take1.tv | Cranbrook, United Kingdom | 1998 | Jul 2022 | •••• | |
Captioning services are provided to the entertainment industry. | uscaptioning.com | De Pere, United States | 1999 | May 2022 | •••• | |
Provider of language transcription services | takenote.co | London, United Kingdom | 2006 | Mar 2022 | •••• | |
Language services are provided by Automatic Sync since 2004. | automaticsync.com | San Francisco, United States | 2004 | Dec 2021 | •••• | |
Closed captioning and media accessibility services are provided for broadcasters. | vitac.com | Canonsburg, United States | 1986 | May 2021 | •••• |
Complete acquisition details for Verbit
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Verbit
9 dated milestones of Verbit across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Verbit is founded.
- Funding First funding round of $60K.
- Acquisition Acquires VITAC.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series E, of $250.0M.
- Acquisition Acquires Automatic Sync.
- Acquisition Acquires Take Note.
- Acquisition Acquires U.S. Captioning Company.
- Acquisition Acquires Take 1.
Competitors of Verbit
Verbit has 3 listed competitors in our database, 3 of them funded. They include Otter.ai, Deepgram and Descript.
| 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. | |
| descript.com | 2017 | San Francisco, United States | $100.59M | 123 | Automated transcribing solution provider for audio files |
Detailed competitors of Verbit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Verbit
The website of Verbit (verbit.ai) receives about 127.2K visits a month and ranks #300,478 among all websites worldwide, #8,657 in Business Services.
- Monthly visits127.2K
▼ 5.8% vs previous month
- Unique visitors60.3K
per month
- Global rank#300,478
among all websites
- Category rank#8,657
Business and Consumer Services · Business Services
- Bounce rate45%
- Pages per visit2.1
- Average visit31 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Verbit. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rev.com | 100% | 1.9M | #24,539 | View details | |
| trint.com | 96% | 299.9K | #135,492 | View details | |
| pega.com | 90% | 749.4K | #59,672 | View details | |
lingvohouse.com | lingvohouse.com | 87% | #3,668,712 | – | |
| ai-media.tv | 87% | 104.9K | #414,825 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Verbit
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Natural Language & Voice AI
3 companies that operate in the same segment as Verbit (Natural Language & Voice AI) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
Enterprise AI models are developed and tuned for business integration. | 2022 | Palo Alto, California, United States | USD 1.53 B | 84 | ||
AI-generated music and lyrics are created on an online platform. | 2021 | Cambridge, Massachusetts, United States | USD 775 M | 497 |
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Related news about Verbit
Complete news archive for Verbit
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- Full article archive
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- Brand-specific news history
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Frequently Asked Questions about Verbit
Verbit was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Verbit is headquartered in New York, United States. It is registered at New York, New York, United States.
Yair Amsterdam is the CEO of Verbit, as recorded in our data.
Verbit is a funded company, having raised a total of $550M across 9 funding rounds to date. The company's 1st funding round was a Grant of $60.05K, raised on Jan 2018.
Verbit has 1,624 employees.
Verbit was founded in 2017 in New York, United States, as a provider in the AI and natural language processing sector. A cloud-based platform leveraging deep learning neural networks is offered for building speech recognition applications. These are applied in areas such as court reporting, depositions, education for disabilities, distance learning, media production, and business analysis, with operations centered in the U.S.
Verbit offers Captioning Service, Transcription Service, Audio Description, Translation Service, and 2 more products and services.
Verbit has made 5 acquisitions, including Automatic Sync, Take 1, and Take Note.
Verbit has 31 investors. Key investors include SVB, European Union, BlackRock TCP Capital, Azura Partners, and Third Point Ventures.
The valuation of Verbit is $2B as of Jan 2026.
Verbit operates through Verbit, Inc..