Transcription and Captioning Services using AI – Attracted Investment of $60 Million
Verbit uses smart AI technology to disrupt captioning and transcription with speed and automation .
A service that provides captions for media such as video content in the media, legal and educational industries, or transcription of meeting contents using AI and professional transcriber.
If AI provides 90% accuracy results, 22,000 transcribers increase the accuracy to 99% and then reflect back to machine learning to improve system accuracy.
Verbit
Verbit.ai is an internet company that specializes in combining human and artificial intelligence to provide transcription and captioning solutions. It focuses on video transcription, AI-powered transcription, video captioning, and machine learning. The company was founded in 2017 and headquartered in New York, United States.
General Information
- Headquarters : New York, NY
- Founders : Eric Shellef, Kobi Ben Tzvi, Tom Livne
- Categories : Artificial Intelligence, Internet, Machine Learning, Natural Language Processing, SEO
- Founded : 2017
- Contact : info@verbit.ai
Funding
- Investors: ClalTech, HV Capital, Sapphire Ventures, Stripes, Vertex Growth Fund, Vertex Ventures, Big Tech 50, ClalTech, Lion Investment Partners, More Capital, Omer Cygler, Oryzn Capital, Third Point Ventures, Viola Ventures
- Funding Rounds (6) - $319M
- Jun 8, 2021 Series D / $157M
- •un 8, 2021 Debt Financing / $37M
- Nov 19, 2020 Series C / $60M
- Jan 15, 2020 Series B / $31M
- Jan 29, 2019 Series A / $23M
- Mar 29, 2018 Seed Round / $11M
Source: Verbit
👉• Web: https://verbit.ai/
👉• Video: Verbit - YouTube
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