Deepgram, a San Francisco, CA-based provider of a speech AI platform, raised $47M in funding.
The round was led by Madrona, with participation from Alkeon and prior investors.
The company, which has raised a total of $72m, intends to use the funds to accelerate growth and expand operations.
Founded in 2015 by CEO Scott Stephenson, Deepgram provides a speech AI platform, which is enabled by end-to-end deep learning models. Deepgram leans into its audio-first foundation to incorporate nuances of intonation and inflection into its sentiment analysis, speaker labeling, summarization and more. The company recently expanded its feature set to include topic detection, language detection, and translation to deliver conversational context for enterprise analytics and expand internationally.
Since launch, Deepgram has transcribed over 1 trillion words from over 10,000 years of raw audio data, serving such clients as NASA, Spotify, and Citi, among others.
FinSMEs
29/11/2022