AssemblyAI

About

AssemblyAI is an AI company building a platform of APIs to transcribe and understand audio data.

San Francisco,California,United States
51 - 100
https://www.assemblyai.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $30M
Industries: Artificial Intelligence,Developer APIs,Information Technology,Speech Recognition
Founded date: Jan 1, 2017
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: AssemblyAI, Inc.
Also Known As: AssemblyAI Speech-to-Text API

AssemblyAI is an AI company building a platform of APIs to transcribe and understand audio data. Its platform automatically converts audio or video files and live audio streams to text. Users can do more with audio intelligence like summarization, content moderation, topic detection, and more.

The company was founded in 2017 and is headquartered in San Francisco, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$63.12M

AssemblyAI has raised a total of $63.12M in funding over 2 rounds. Their latest funding was raised on Jul 14, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 14, 2022	Series B	$30M	4	Insight Partners	—	Detail
Mar 4, 2022	Series A	$28M	6	Accel	—	Detail
Nov 1, 2020	Series Unknown	$5M	4	Daniel Gross John Collison Nat Friedman	—	Detail
Mar 26, 2019	Convertable Note	—	1	—	—	Detail
Aug 23, 2017	Seed	$120K	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

7

AssemblyAI is funded by 7 investors. Insight Partners and Accel are the most recent investors.

Investor Name	Lead Investor	Funding Round
Insight Partners	Yes	Series B
Accel	—	Series B
TechNexus Venture Collaborative	—	Series B
Y Combinator	—	Series B
Daniel Gross	—	Series A
John Collison	—	Series A
Nat Friedman	—	Series A