AssemblyAI

Speech recognition and audio intelligence solutions

San Francisco, California, United States

About AssemblyAI

AssemblyAI specializes in Speech AI technology, focusing on automatic speech recognition (ASR) and audio intelligence. Their main product is an API that allows businesses to transcribe audio and video content, detect speakers, analyze sentiment, and redact personally identifiable information (PII). This API enables clients to integrate these capabilities into their own applications, providing accurate and scalable speech-to-text solutions. Unlike many competitors, AssemblyAI emphasizes continuous improvement of their AI models, backed by a team of research leaders and engineers. Their goal is to help businesses unlock the potential of voice data, making it easier to derive insights and build innovative applications.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$110MTotal Funding
SERIES_CCompany Stage
Enterprise Software, AI & Machine LearningIndustries
51-200Employees

Benefits

Competitive Salary + Bonus
Equity
401k
100% Remote team
Unlimited PTO
Premium medical, vision, & dental care
$1K budget for your home office setup
New Macbook Pro (or PC if you prefer)
2x/year company paid team retreat

Risks

Competition from Gladia, Deepgram, and Speechmatics may erode market share.
Rapid AI advancements could make current models obsolete without continuous innovation.
Over-reliance on API revenue is risky if clients shift to in-house solutions.

Differentiation

AssemblyAI offers advanced Speech AI models for transcription and sentiment analysis.
The company provides an API for seamless integration into client applications.
AssemblyAI's technology supports speaker detection and PII redaction, enhancing data security.

Upsides

Real-time audio processing is a growing market opportunity for AssemblyAI.
Customizable AI voice agents present a new avenue for product expansion.
Integration with no-code platforms could increase API adoption among non-technical users.

Funding

Total raised$110.03 M
Latest valuation$250.00 M
StageSERIES_C
$30
$150.00 M
EARLY VC
10/31/2020
$5
$25.00 M
SEED
8/31/2017
N/A
$2.00 M