Verbit.ai
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Angel | ||
€50.0k | Grant | ||
* | $11.0m | Seed | |
* | $23.0m | Series A | |
* | $31.0m | Series B | |
$60.0m Valuation: $300m | Series C | ||
$157m Valuation: $1.0b | Series D | ||
* | $150m Valuation: $2.0b | Series E | |
N/A | N/A | Secondary | |
Total Funding | AUD668m |
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Recent News about Verbit.ai
EditVerbit.ai is a technology company specializing in real-time transcription and captioning solutions, primarily serving educational institutions and professional organizations. Operating in the rapidly growing market of online communication tools, Verbit.ai's core product, Live Room, integrates seamlessly with Zoom to provide live, interactive transcripts and captions. This service ensures that online courses and meetings are accessible to all participants, including those with disabilities, thereby complying with the Americans with Disabilities Act (ADA). Verbit.ai employs a SaaS (Software as a Service) business model, generating revenue through subscription fees paid by its clients. The company’s innovative approach not only enhances user engagement during virtual meetings but also supports compliance with legal accessibility standards.
Keywords: real-time transcription, captioning, Zoom integration, ADA compliance, accessibility, SaaS, education, professional organizations, online communication, interactive transcripts.