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VC-funded Company:

Verbit
3921 Fabian Way
Palo Alto, CA 94303
Phone: 323-843-2866
https://verbit.ai/

Verbit is a fast growing AI startup focused on building a cutting edge transcription technology. Its solution is designed from start to finish to handle large scale jobs and still deliver the speed and accuracy today's customers expects. The company uses adaptive artificial intelligence, a dual human editing process and an enterprise-grade management platform to provide each customer with the unique solution that they need. The company was founded by three highly experienced entrepreneurs only one year ago. All three have years of experience in deep learning, speech recognition, VC funding strategy and in large scale software engineering.

Key Contact
Name
Tom Livne
Title
CEO
Funding Events

Date
Amount
Type
Investors
Valuation
04/03/18 $11,000,000 Seed HV Holtzbrinck Ventures
Oryzn Capital
Vertex Ventures
undisclosed
11/19/20 $60,000,000 Series C ClalTech
HV Holtzbrinck Ventures
Sapphire Ventures
Stripes Group
Vertex Growth
Vertex Ventures
undisclosed
06/08/21 $157,000,000 Series D Azura
HV Capital
ICON Fund
More Capital
Omer Cygler
Oryzn Capital
Sapphire Ventures
Stripes Group
Third Point Ventures
Vertex Growth
Vertex Ventures
Viola Ventures
$1,000,000,000
11/23/21 $250,000,000 Series E 40North
Disruptive AI
More Capital
Samsung NEXT
Sapphire Ventures
TCP Venture Capital
Third Point Ventures
Vertex Growth
undisclosed