Deepgram

Deepgram

Provides keyword spotting and AI classification for phone support and legal discovery.

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$47.0m

Series B
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-154 %363 %23 %12 %
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

More about Deepgram
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Deepgram is a technology startup that specializes in artificial intelligence (AI) for speech recognition. The company's primary product is a set of APIs (Application Programming Interfaces) that developers can integrate into their applications to transcribe and understand audio content. Deepgram's technology is used by a wide range of clients, from startups to large enterprises like NASA, to process millions of audio minutes each day.

The company operates in the AI and machine learning market, specifically in the sub-sector of speech recognition and transcription. Its technology is designed to be fast, accurate, scalable, and cost-effective, which makes it appealing to businesses of all sizes that need to process large volumes of audio data.

Deepgram's business model is based on a pay-per-use system. Clients pay to use the company's APIs based on the amount of audio they need to transcribe. This model allows the company to scale its revenue in line with its clients' usage, making it a potentially lucrative proposition as the demand for speech recognition technology continues to grow.

In terms of its financial performance, Deepgram is a private company and does not publicly disclose its financials. However, the company's focus on a high-growth market and its impressive client list suggest that it is well-positioned for future success.

Keywords: Artificial Intelligence, Speech Recognition, Transcription, APIs, Scalable, Cost-effective, Pay-per-use, High-growth Market, Audio Processing, Machine Learning.

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Investments by Deepgram

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ACQUISITION by Deepgram Jun 2024