Speechmatics

Speechmatics, formerly known as Cantab Research Ltd, is a technology company that develops automatic speech recognition software (ASR) based on recurrent neural networks and statistical language modelling.

Speechmatics has built one of the most accurate speech recognition technology engines in the world.

Speechmatics was founded in 2006 by Tony Robinson. The company is headquartered in Cambridge, UK, with offices in Denver, USA; Chennai, India and Brno, Czech Republic.

 

Speechmatics's Autonomous Speech Recognition technology that understands every voice. Offering its speech recognition for solution and service providers to integrate into their stack regardless of their industry or use case.

 

Speechmatics' engine today is able to translate speech to text in 34 languages. The software has been exposed to “millions of hours” of “hundreds of thousands” voices, reducing mistakes and bias in its artificial intelligence (AI).

 

Speechmatics is used by businesses to accurately understand and transcribe human-level speech into text regardless of demographic, age, gender, accent, dialect or location. It currently has some 170 customers, including what3words, 3Play Media, Veritone, Deloitte UK and Vonage. 

 

Speechmatics is backed by Susquehanna Growth Equity, AlbionVC, IQ Capital, Amadeus Capital Partners, and others. The company raised $62M (£50.3M) in a Series B round on Jun 28, 2022. This brings Speechmatics' total funding to $72M to date.

 

 

  • Year founded: 2006
  • Funding Info: $72M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Cambridge
  • State: Cambridgeshire
  • Country: United Kingdom
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