What is Deepgram?
Deepgram provides a sophisticated speech technology platform designed for transcribing customer audio, specializing in an automatic speech recognition API engineered to interpret complex data. Headquartered in San Francisco, CA, and established in 2015, Deepgram empowers businesses with highly accurate and scalable voice AI solutions. The company's technology is crucial for applications requiring deep understanding of spoken language, from customer service analytics to content creation and compliance.
How much funding has Deepgram raised?
Deepgram has raised a total of $215.8M across 5 funding rounds:
Unspecified
$1.8M
Series A
$12M
Series B
$25M
Series B
$47M
Series C
$130M
Unspecified (2016): $1.8M with participation from Y Combinator and Metamorphic Ventures
Series A (2020): $12M led by Y Combinator, Wing VC, SAP.io, and Nvidia GPU Ventures
Series B (2021): $25M supported by Tiger Global Management
Series B (2022): $47M featuring Tiger Global, Nvidia Inception GPU Ventures, Alkeon Capital Management, Wing Venture Capital, The SAP.iO, Madrona Venture Group, and Citi Ventures
Series C (2026): $130M backed by Madrona Venture Group, In-Q-Tel, Alkeon Capital Management, and Tiger Global Management
Key Investors in Deepgram
Y Combinator
Y Combinator is an established accelerator that provides seed funding for startup businesses, located in Mountain View, California.
Wing VC
Wing Venture Capital is an early-stage investor focused on equipping founders with resources and partnerships to develop innovative products, particularly in AI and data.
Tiger Global Management
Tiger Global Management is an investment firm that deploys capital in both public and private markets, founded in 2001 and headquartered in New York City.
What's next for Deepgram?
With its substantial enterprise-level backing, Deepgram is poised for significant advancements in its AI-driven speech technology. The recent strategic investment signals strong investor confidence and will likely fuel further research and development into enhancing its core transcription and understanding capabilities. Expect Deepgram to expand its market reach, deepen its technological integrations, and continue to set benchmarks in the automated speech recognition industry, solidifying its role as a key player in the AI voice landscape.
See full Deepgram company page
