Fact · Dictation software
50million US dollars
SiliconANGLE reported on December 4, 2023 that the speech AI company AssemblyAI had raised $50 million in a Series C round led by Accel.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“has secured $50 million in late-stage funding to support its growth efforts. The company announced the Series C investment today. Lead investor Accel was joined by Insight Partners”
AssemblyAI raises $50M for its cloud-based AI speech models, Maria Deutscher, SiliconANGLE, 2023, Article body, first paragraphs.
Open the original- What it measures
- A SiliconANGLE report on the company's announcement of the round. AssemblyAI sells cloud speech-to-text models through an API, and the article says the round brought its total outside funding to $115 million.
- What it does not show
- A news report of the company's announcement, nearly three years old. It does not cover any later round.
In the data
A row of Voice AI Funding: Speech and Dictation Startup Rounds, as AssemblyAI 2023 Series C: 50 million US dollars.
- Company
- AssemblyAI
- Deal
- Series C
- What the company makes
- Speech-to-text API
- Led by or buyer
- Accel
- Announced
- 2023-12-03
- Year
- 2023
Source
Used to calculate
- In the funding rounds and acquisitions in speech recognition and dictation dataset, the 8 published figures for “Speech-to-text API” have a median of 37.5 million US dollars, ranging from 12 to 130.
- The funding rounds and acquisitions in speech recognition and dictation dataset holds 23 data points, each a published figure traced to its source.
- The funding rounds and acquisitions in speech recognition and dictation dataset draws on 22 distinct sources.