Verbit valuation, funding and investors
Verbit works in AI-Based transcription and captioning services, based in New York, United States. Founded in 2017, it has about 69 employees.
- Last round
- Series E · $250M · Nov 2021
- Valuation at last round
- $2.00B
- Headcount
- –
- Grade
- D
- Founded
- 2017
Verbit valuation today
VCMC values Verbit at $1.7B today, with a range of $177M to $2.6B and a grade of D. The valuation starts from its last funding round, a Series E round in Nov 2021.
Valuation by date (125 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2017 | $6.49M | $2.36M – $17.8M | $8.90M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2017 | $6.67M | $2.43M – $18.3M | $9.14M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2017 | $6.83M | $2.49M – $18.8M | $9.36M (+37%) | before first round | – | unknown | D | 0% |
| 1 Apr 2017 | $7.01M | $2.55M – $19.3M | $9.62M (+37%) | before first round | – | unknown | D | 0% |
| 1 May 2017 | $7.20M | $2.62M – $19.8M | $9.87M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jun 2017 | $7.39M | $2.69M – $20.3M | $10.1M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jul 2017 | $7.59M | $2.76M – $20.8M | $10.4M (+37%) | before first round | – | unknown | D | 0% |
| 1 Aug 2017 | $7.79M | $2.84M – $21.4M | $10.7M (+37%) | before first round | – | unknown | D | 0% |
| 1 Sep 2017 | $8.01M | $2.91M – $22.0M | $11.0M (+37%) | before first round | – | unknown | D | 0% |
| 1 Oct 2017 | $8.22M | $2.99M – $22.6M | $11.3M (+37%) | before first round | – | unknown | D | 0% |
| 1 Nov 2017 | $8.44M | $3.07M – $23.2M | $11.6M (+37%) | before first round | – | unknown | D | 0% |
| 1 Dec 2017 | $8.66M | $3.15M – $23.8M | $11.9M (+37%) | before first round | – | unknown | D | 0% |
| 1 Jan 2018 | $8.90M | $3.24M – $24.4M | $12.2M (+37%) | before first round | – | unknown | D | 0% |
| 1 Feb 2018 | $9.14M | $3.33M – $25.1M | $12.5M (+37%) | before first round | – | unknown | D | 0% |
| 1 Mar 2018 | $9.36M | $3.41M – $25.7M | $12.8M (+37%) | before first round | – | unknown | D | 0% |
| 30 Mar 2018 | $73.5M | $48.2M – $223M | $147M (+100%) | after a round | – | unknown | C | 0% |
| 1 Apr 2018 | $73.8M | $48.2M – $223M | $147M (+99%) | after a round | – | unknown | C | 0% |
| 1 May 2018 | $78.1M | $48.2M – $223M | $147M (+88%) | after a round | – | unknown | C | 0% |
| 1 Jun 2018 | $82.8M | $48.2M – $223M | $147M (+77%) | after a round | – | unknown | C | 0% |
| 1 Jul 2018 | $87.7M | $48.2M – $223M | $147M (+67%) | after a round | – | unknown | C | 0% |
| 1 Aug 2018 | $93.0M | $48.2M – $223M | $147M (+58%) | after a round | – | unknown | C | 0% |
| 1 Sep 2018 | $98.6M | $48.2M – $223M | $147M (+49%) | after a round | – | unknown | C | 0% |
| 1 Oct 2018 | $104M | $48.2M – $223M | $147M (+41%) | after a round | – | unknown | C | 0% |
| 1 Nov 2018 | $111M | $48.2M – $223M | $147M (+32%) | after a round | – | unknown | C | 0% |
| 1 Dec 2018 | $117M | $48.2M – $223M | $147M (+25%) | after a round | – | unknown | C | 0% |
| 1 Jan 2019 | $124M | $48.2M – $223M | $147M (+18%) | after a round | – | unknown | C | 0% |
| 30 Jan 2019 | $135M | $94.6M – $343M | $242M (+80%) | after a round | – | unknown | C | 0% |
| 1 Feb 2019 | $135M | $94.6M – $343M | $242M (+79%) | after a round | – | unknown | C | 0% |
| 1 Mar 2019 | $141M | $94.6M – $343M | $242M (+71%) | after a round | – | unknown | C | 0% |
| 1 Apr 2019 | $148M | $94.6M – $343M | $242M (+63%) | after a round | – | unknown | C | 0% |
| 1 May 2019 | $156M | $94.6M – $343M | $242M (+55%) | after a round | – | unknown | C | 0% |
| 1 Jun 2019 | $164M | $94.6M – $343M | $242M (+48%) | after a round | – | unknown | C | 0% |
| 1 Jul 2019 | $172M | $94.6M – $343M | $242M (+41%) | after a round | – | unknown | C | 0% |
| 1 Aug 2019 | $181M | $94.6M – $343M | $242M (+34%) | after a round | – | unknown | C | 0% |
| 1 Sep 2019 | $190M | $94.6M – $343M | $242M (+27%) | after a round | – | unknown | C | 0% |
| 1 Oct 2019 | $199M | $94.6M – $343M | $242M (+21%) | after a round | – | unknown | C | 0% |
| 1 Nov 2019 | $209M | $94.6M – $343M | $242M (+15%) | after a round | – | unknown | C | 0% |
| 1 Dec 2019 | $220M | $94.6M – $343M | $242M (+10%) | after a round | – | unknown | C | 0% |
| 1 Jan 2020 | $231M | $94.6M – $343M | $242M (+5%) | after a round | – | unknown | C | 0% |
| 16 Jan 2020 | $228M | $161M – $486M | $342M (+50%) | after a round | – | unknown | B | 0% |
| 1 Feb 2020 | $232M | $161M – $486M | $342M (+47%) | after a round | – | unknown | B | 0% |
| 1 Mar 2020 | $240M | $161M – $486M | $342M (+43%) | after a round | – | unknown | B | 0% |
| 1 Apr 2020 | $248M | $161M – $486M | $342M (+38%) | after a round | – | unknown | B | 0% |
| 1 May 2020 | $257M | $161M – $486M | $342M (+33%) | after a round | – | unknown | B | 0% |
| 1 Jun 2020 | $266M | $161M – $486M | $342M (+29%) | after a round | – | unknown | B | 0% |
| 1 Jul 2020 | $275M | $161M – $486M | $342M (+24%) | after a round | – | unknown | B | 0% |
| 1 Aug 2020 | $285M | $161M – $486M | $342M (+20%) | after a round | – | unknown | B | 0% |
| 1 Sep 2020 | $294M | $161M – $486M | $342M (+16%) | after a round | – | unknown | B | 0% |
| 1 Oct 2020 | $304M | $161M – $486M | $342M (+12%) | after a round | – | unknown | B | 0% |
| 1 Nov 2020 | $315M | $161M – $486M | $342M (+9%) | after a round | – | unknown | B | 0% |
| 20 Nov 2020 | $462M | $325M – $851M | $600M (+30%) | after a round | – | unknown | B | 0% |
| 1 Dec 2020 | $465M | $325M – $851M | $600M (+29%) | after a round | – | unknown | B | 0% |
| 1 Jan 2021 | $476M | $325M – $851M | $600M (+26%) | after a round | 750 | unknown | B | 0% |
| 1 Feb 2021 | $487M | $325M – $851M | $600M (+23%) | after a round | 750 | unknown | B | 0% |
| 1 Mar 2021 | $496M | $325M – $851M | $600M (+21%) | after a round | 750 | unknown | B | 0% |
| 1 Apr 2021 | $508M | $325M – $851M | $600M (+18%) | after a round | 750 | flat | B | 0% |
| 1 May 2021 | $519M | $325M – $851M | $600M (+16%) | after a round | 750 | flat | B | 0% |
| 1 Jun 2021 | $530M | $325M – $851M | $600M (+13%) | after a round | 750 | flat | B | 0% |
| 9 Jun 2021 | $1.0B | $869M – $1.5B | $1.3B (+30%) | after a round | 750 | flat | A | 0% |
| 1 Jul 2021 | $1.0B | $869M – $1.5B | $1.3B (+28%) | after a round | 750 | flat | A | 0% |
| 1 Aug 2021 | $1.0B | $869M – $1.5B | $1.3B (+25%) | after a round | 750 | flat | A | 0% |
| 1 Sep 2021 | $1.1B | $869M – $1.5B | $1.3B (+22%) | after a round | 750 | flat | A | 0% |
| 1 Oct 2021 | $1.1B | $869M – $1.5B | $1.3B (+20%) | after a round | 750 | flat | A | 0% |
| 1 Nov 2021 | $1.1B | $869M – $1.5B | $1.3B (+17%) | after a round | 750 | flat | A | 0% |
| 24 Nov 2021 | $2.0B | $1.7B – $3.0B | $2.6B (+30%) | after a round | 750 | flat | A | 0% |
| 1 Dec 2021 | $2.0B | $1.7B – $3.0B | $2.6B (+29%) | after a round | 750 | flat | A | 0% |
| 1 Jan 2022 | $2.1B | $1.7B – $3.0B | $2.6B (+26%) | after a round | 750 | flat | A | 0% |
| 1 Feb 2022 | $2.1B | $1.7B – $3.0B | $2.6B (+24%) | after a round | 750 | flat | A | 0% |
| 1 Mar 2022 | $2.1B | $1.7B – $3.0B | $2.6B (+21%) | after a round | 1,500 | growing | A | 0% |
| 1 Apr 2022 | $2.2B | $1.7B – $3.0B | $2.6B (+18%) | after a round | 1,500 | growing | A | 0% |
| 1 May 2022 | $2.2B | $1.7B – $3.0B | $2.6B (+16%) | after a round | 1,500 | growing | A | 0% |
| 1 Jun 2022 | $2.3B | $1.7B – $3.0B | $2.6B (+13%) | after a round | 1,500 | growing | A | 0% |
| 1 Jul 2022 | $2.3B | $1.7B – $3.0B | $2.6B (+11%) | after a round | 1,500 | growing | A | 0% |
| 1 Aug 2022 | $2.4B | $1.7B – $3.0B | $2.6B (+9%) | after a round | 1,500 | growing | A | 0% |
| 1 Sep 2022 | $2.4B | $1.7B – $3.0B | $2.6B (+6%) | after a round | 1,500 | growing | A | 0% |
| 1 Oct 2022 | $2.5B | $1.7B – $3.0B | $2.6B (+4%) | after a round | 1,500 | growing | A | 0% |
| 1 Nov 2022 | $2.6B | $1.7B – $3.0B | $2.6B (+2%) | after a round | 1,500 | unknown | A | 0% |
| 1 Dec 2022 | $2.6B | $1.7B – $3.0B | $2.6B (0%) | after a round | 1,500 | unknown | A | 0% |
| 1 Jan 2023 | $2.6B | $1.6B – $3.0B | $2.6B (0%) | after a round | 1,500 | unknown | B | 0% |
| 1 Feb 2023 | $2.6B | $1.6B – $3.0B | $2.6B (0%) | after a round | 1,500 | unknown | B | 0% |
| 1 Mar 2023 | $2.6B | $1.5B – $3.0B | $2.6B (0%) | after a round | 1,500 | unknown | B | 0% |
| 1 Apr 2023 | $2.6B | $1.4B – $3.0B | $2.6B (0%) | after a round | 1,600 | flat | B | 0% |
| 1 May 2023 | $2.6B | $1.4B – $3.0B | $2.6B (0%) | after a round | 1,600 | flat | B | 0% |
| 1 Jun 2023 | $2.6B | $1.3B – $3.0B | $2.6B (0%) | after a round | 1,600 | flat | B | 0% |
| 1 Jul 2023 | $2.6B | $1.3B – $3.0B | $2.6B (0%) | after a round | 1,600 | flat | B | 0% |
| 1 Aug 2023 | $2.6B | $1.2B – $3.0B | $2.6B (0%) | after a round | 1,600 | flat | B | 0% |
| 1 Sep 2023 | $2.6B | $1.2B – $3.0B | $2.6B (0%) | after a round | 1,600 | flat | B | 0% |
| 1 Oct 2023 | $2.7B | $1.1B – $3.1B | $2.7B (0%) | after a round | 1,700 | flat | B | 0% |
| 1 Nov 2023 | $2.7B | $1.1B – $3.1B | $2.7B (0%) | after a round | 1,700 | flat | B | 0% |
| 1 Dec 2023 | $2.7B | $969M – $3.1B | $2.7B (0%) | after a round | 1,700 | flat | B | 0% |
| 1 Jan 2024 | $2.7B | $921M – $3.1B | $2.7B (-1%) | after a round | 1,700 | flat | C | 0% |
| 1 Feb 2024 | $2.7B | $875M – $3.1B | $2.6B (-2%) | after a round | 1,700 | flat | C | 0% |
| 1 Mar 2024 | $2.7B | $834M – $3.1B | $2.6B (-2%) | after a round | 1,700 | flat | C | 0% |
| 1 Apr 2024 | $2.7B | $793M – $3.1B | $2.6B (-3%) | after a round | 1,700 | flat | C | 0% |
| 1 May 2024 | $2.7B | $755M – $3.1B | $2.6B (-3%) | after a round | 1,700 | flat | C | 0% |
| 1 Jun 2024 | $2.7B | $717M – $3.1B | $2.6B (-4%) | after a round | 1,700 | flat | C | 0% |
| 1 Jul 2024 | $2.7B | $683M – $3.1B | $2.5B (-5%) | after a round | 1,700 | flat | C | 0% |
| 1 Aug 2024 | $2.7B | $649M – $3.1B | $2.5B (-6%) | after a round | 1,700 | flat | C | 0% |
| 1 Sep 2024 | $2.7B | $617M – $3.1B | $2.5B (-6%) | after a round | 1,700 | flat | C | 0% |
| 1 Oct 2024 | $2.7B | $587M – $3.1B | $2.5B (-7%) | after a round | 1,700 | flat | C | 0% |
| 1 Nov 2024 | $2.7B | $558M – $3.1B | $2.4B (-9%) | after a round | 1,700 | flat | C | 0% |
| 1 Dec 2024 | $2.7B | $531M – $3.1B | $2.4B (-10%) | after a round | 1,700 | flat | C | 0% |
| 1 Jan 2025 | $2.6B | $505M – $3.0B | $2.4B (-10%) | after a round | 1,700 | flat | C | 0% |
| 1 Feb 2025 | $2.6B | $480M – $3.0B | $2.4B (-10%) | after a round | 1,700 | flat | C | 0% |
| 1 Mar 2025 | $2.6B | $458M – $3.0B | $2.4B (-10%) | after a round | 1,700 | flat | C | 0% |
| 1 Apr 2025 | $2.6B | $435M – $3.0B | $2.3B (-10%) | after a round | 1,700 | flat | C | 0% |
| 1 May 2025 | $2.6B | $414M – $2.9B | $2.3B (-10%) | after a round | 1,700 | flat | C | 0% |
| 1 Jun 2025 | $2.0B | $391M – $2.9B | $1.7B (-16%) | after a round | 1,637 | flat | D | 19% |
| 1 Jul 2025 | $2.0B | $372M – $2.9B | $1.7B (-16%) | after a round | 1,637 | flat | D | 19% |
| 1 Aug 2025 | $2.0B | $353M – $2.9B | $1.7B (-16%) | after a round | 1,637 | flat | D | 19% |
| 1 Sep 2025 | $1.9B | $336M – $2.9B | $1.6B (-16%) | after a round | 1,637 | flat | D | 19% |
| 1 Oct 2025 | $1.9B | $320M – $2.8B | $1.6B (-16%) | after a round | 1,637 | flat | D | 20% |
| 1 Nov 2025 | $1.9B | $304M – $2.8B | $1.6B (-16%) | after a round | 1,637 | flat | D | 20% |
| 1 Dec 2025 | $1.6B | $288M – $2.8B | $1.3B (-16%) | after a round | 1,603 | flat | D | 32% |
| 1 Jan 2026 | $1.5B | $274M – $2.8B | $1.3B (-15%) | after a round | 1,614 | flat | D | 31% |
| 1 Feb 2026 | $1.5B | $260M – $2.8B | $1.3B (-14%) | after a round | 1,614 | flat | D | 31% |
| 1 Mar 2026 | $1.6B | $249M – $2.8B | $1.4B (-13%) | after a round | 1,614 | flat | D | 28% |
| 1 Apr 2026 | $1.5B | $236M – $2.8B | $1.4B (-12%) | after a round | 1,614 | flat | D | 28% |
| 1 May 2026 | $1.5B | $225M – $2.7B | $1.4B (-11%) | after a round | 1,614 | flat | D | 28% |
| 1 Jun 2026 | $1.5B | $214M – $2.7B | $1.4B (-10%) | after a round | 1,614 | flat | D | 25% |
| 1 Jul 2026 | $1.6B | $203M – $2.7B | $1.4B (-9%) | after a round | 1,614 | flat | D | 23% |
| 1 Aug 2026 | $1.6B | $193M – $2.7B | $1.5B (-8%) | after a round | 1,614 | flat | D | 22% |
| 1 Sep 2026 | $1.6B | $184M – $2.6B | $1.5B (-7%) | after a round | 1,614 | flat | D | 20% |
| 1 Oct 2026 | $1.6B | $177M – $2.6B | $1.5B (-6%) | after a round | 1,614 | flat | D | 18% |
| 24 Oct 2026 | $1.7B | $177M – $2.6B | $1.6B (-6%) | after a round | – | flat | D | 17% |
Key facts about Verbit
- Founded
- 2017
- Headquarters
- New York, United States
- Employees
- about 69
- Total raised
- $569M
- Funding rounds
- 7
- Last round
- Series E Nov 2021
Verbit was founded in 2017 by Sagi Shalev, Tom Livne and Yaniv Jacobi.
Verbit funding history
Verbit has 7 funding rounds on record, from Mar 2018 to Nov 2021, $569M in total. The latest disclosed valuation is $2.00B post-money (Series E, Nov 2021).
Series E 23 Nov 2021
Led by Third Point Ventures; with Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung Next, TCP Venture Capital.
Sources: verbit.ai, prnewswire.com, techcrunch.com and 4 more
$250M
$2.00B post-money
Series D 8 Jun 2021
Led by Sapphire Ventures; with Third Point, More Capital, Lion Investment Partners, ICON, Stripes, Vertex Ventures, Vertex Growth, HV Capital, Oryzn Capital, Viola Ventures, Claltech, Azura.
Sources: verbit.ai, prnewswire.com
$157M
$1.00B post-money
$37M
Series C 19 Nov 2020
Led by Sapphire Ventures; with Vertex Ventures, Stripes, HV Capital, Claltech, Vertex Growth.
Sources: verbit.ai, calcalistech.com, aithority.com and 3 more
$60M
Series B 15 Jan 2020
Led by Stripes; with Viola Ventures, Vertex Ventures, HV Capital, Oryzn Capital, Claltech.
Sources: verbit.ai, techcrunch.com
$31M
Series A 29 Jan 2019
Led by Viola Ventures; with Vertex Ventures, HV Capital, Oryzn Capital, Vintage Investment Partners, Claltech, Horizon Capital.
Sources: prweb.com, techcrunch.com, nocamels.com and 1 more
$23M
Seed 29 Mar 2018
Led by HV Capital; with Vertex Ventures, Orzyn Capital, Vertex Ventures Israel.
Sources: nocamels.com, calcalistech.com, calcalist.co.il and 2 more
$11M
Verbit investors
23 investors have backed Verbit; HV Capital, Sapphire Ventures and Stripes and 3 more led at least one round.
- HV Capital lead, 5 rounds
- Sapphire Ventures lead, 3 rounds
- Stripes lead, 3 rounds
- Viola Ventures lead, 3 rounds
- Silicon Valley Bank lead
- Third Point Ventures lead
- Vertex Ventures 5 rounds
- Oryzn Capital 3 rounds
- More Capital 2 rounds
- 40North
- Azura
- ICON
- Orzyn Capital
What Verbit does
Verbit works in tech companies, with 14 recorded offerings and customers in media and entertainment, legal, corporate and education.
Verbit Inc. is an American technology company engaged in AI-based transcription and captioning services. The company provides solutions for live and recorded captioning, transcription, translation, audio description, dubbing, and note-taking, serving businesses and institutions in sectors such as media and entertainment, legal, corporate, education, government, houses of worship, and law enforcement. Verbit also operates as a provider of verbal intelligence platforms and offers content localization partnerships. The company is certified for data protection and operates globally with offices in the US, Canada, UK, and Israel.
Description from Veridion's company data.
Products and services
- AI-Based Transcription and Captioning Services
- Live and Recorded Captioning Services
- Transcription Services
- Multilingual Translation Services
- Audio Description Services
- Video Dubbing Services
- Real-Time Insights and Summary Generation
- Note-Taking Services
- Customizable ASR Engine Development
- Generative AI Insights Services
- Accessibility Enhancement Solutions
- Content Localization Integration Services
- Platform-Based Transcription Solutions
- Actionable Insights Generation Services
Markets
- Media and Entertainment
- Legal
- Corporate
- Education
- Government
- Religious Organizations
- Law Enforcement
Technology
- Automatic Speech Recognition
- Generative AI for Real-Time Insights and Summaries
- Proprietary ASR Engine
Certifications
- GDPR compliant
- CCPA compliant
Business model
- Business-to-Business
- Service Provider
- Software-as-a-Service
- Enterprise
Industry codes (NAICS)
- 513210 Software Publishers 100% match
Questions about Verbit
What is Verbit worth?
Valuation $1.7B (range $177M to $2.6B), as of 24 Oct 2026. The last disclosed valuation was $2.00B (Series E, Nov 2021).
Has Verbit raised money?
Verbit has 7 funding rounds on record, from Mar 2018 to Nov 2021, $569M in total. The latest disclosed valuation is $2.00B post-money (Series E, Nov 2021).
Who has invested in Verbit?
HV Capital, Sapphire Ventures, Stripes, Viola Ventures, Silicon Valley Bank and Third Point Ventures, and 17 more. Lead investors include HV Capital, Sapphire Ventures, Stripes and Viola Ventures.
How many people work at Verbit?
About 69. Headcount grew from 750 in Jan 2021 to 1,614 in Jan 2026.
What does Verbit do?
Verbit works in tech companies, with 14 recorded offerings and customers in media and entertainment, legal, corporate and education. Its main offerings are AI-Based transcription and captioning services, live and recorded captioning services and transcription services.
When was Verbit founded, and where is it based?
Verbit was founded in 2017 and is based in New York, United States. It has about 69 employees.