Verbit
Founded Year
2017Stage
Secondary Market | AliveTotal Raised
$532MRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+3 points in the past 30 days
About Verbit
Verbit specializes in artificial intelligence-based transcription and captioning services. The company offers a range of services, including live captioning, transcription, video and audio transcription, closed captioning, audio description, translation, and legal transcription. It primarily serves sectors such as corporate and general business, media production, education, digital and online learning, and legal. It was founded in 2017 and is based in New York, New York.
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ESPs containing Verbit
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The meeting & call intelligence platforms market provides automated transcription and analysis of spoken conversations from meetings, calls, and video conferences. These platforms convert speech to text with high accuracy using automatic speech recognition, then apply AI to extract insights, identify key moments, generate summaries, and create action items. Core capabilities include real-time tran…
Verbit named as Highflier among 15 other companies, including Deepgram, Fireflies.ai, and Speechmatics.
Verbit's Products & Differentiators
Live captioning & real-time transcription
Live captioning your Zoom calls offers more equitable viewing for individuals with disabilities and others by making live videos, courses, trainings, meetings and events accessible. With leading AI real time captioning, transcription and CART services, Verbit offers live captions and transcripts to all viewers seamlessly.
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Expert Collections containing Verbit
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Verbit is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,309 items
Artificial Intelligence (AI)
37,333 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Generative AI
2,951 items
Companies working on generative AI applications and infrastructure.
Verbit Patents
Verbit has filed 14 patents.
The 3 most popular patent topics include:
- artificial intelligence applications
- audio engineering
- computational linguistics
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/7/2019 | 10/26/2021 | Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics | Grant |
Application Date | 10/7/2019 |
|---|---|
Grant Date | 10/26/2021 |
Title | |
Related Topics | Speech recognition, Computational linguistics, Artificial intelligence applications, Natural language processing, Phonetics |
Status | Grant |
Latest Verbit News
Oct 27, 2025
Get 20% Off All Global Market Reports With Code ONLINE20 – Stay Ahead Of Trade Shifts, Macroeconomic Trends, And Industry Disruptors” — The Business Research Company LONDON, UNITED KINGDOM, October 27, 2025 / EINPresswire.com / -- Get 20% Off All Global Market Reports With Code ONLINE20 – Stay Ahead Of Trade Shifts, Macroeconomic Trends, And Industry Disruptors How Big Is The Artificial Intelligence (AI)–Generated Audio Described Video Market In 2025? The market for artificial intelligence (AI) synthesized audio-visual descriptions has experienced substantial expansion in the last few years. Its value is projected to surge from $1.62 billion in 2024 to $2.01 billion in 2025, representing a compound annual growth rate (CAGR) of 23.7%. Factors contributing to this growth during the historic period include the widened implementation of accessibility guidelines, increased consciousness towards inclusive media policies, a surge in the need for accessible educational material, an uptick in the prevalence of streaming platforms, and an increase in the creation of unique content. In the upcoming years, the market size for AI-created audio described videos is projected to surge substantially. The market will expand to a worth of $4.65 billion by 2029, with a compound annual growth rate (CAGR) of 23.4%. The predicted rise during this forecast period can be linked to factors such as an increasing demand for tailor-made audio experiences, heightened focus on accessibility in developing markets, improvement in the precision of natural language processing models, a rise in the demand for immersive and interactive media, and the growing use of multilingual audio description services. Key trends expected in the forecast period encompass the progression of adaptive accessibility features, compatibility with smart TVs and devices, amalgamation with assistive technologies, incorporation in educational platforms, and advances in voice cloning for audio descriptions. Download a free sample of the artificial intelligence (ai)–generated audio described video market report: https://www.thebusinessresearchcompany.com/sample.aspx?id=28507&type=smp What Are The Key Driving Factors For The Growth Of The Artificial Intelligence (AI)–Generated Audio Described Video Market? The expansion of the artificial intelligence (AI)–generated audio-described video market is projected to be driven by the rising popularity of online streaming services. These services, accessible via online platforms or apps, stream digital media like videos, music, or live broadcasts directly to users over the internet, eliminating the need for downloads. The increased availability of high-speed internet has facilitated seamless streaming of content anytime, anywhere, thereby escalating the total consumption of digital media. AI-enabled audio-described video bolsters accessibility for those with visual impairments by autonomously supplying audio narratives of the content on screen. This revolutionary technology broadens the reach of streaming platforms, promoting inclusivity and customer interaction. For example, according to Eurostat, a government agency based in Luxembourg, 65% of the European Union's population streamed TV or video content online in 2022, with the highest user rates seen in Finland (93%), the Netherlands (90%), and Denmark (89%). Thus, the growing trend of online streaming is spurring the development of the AI-generated audio-described video market Who Are The Key Players In The Artificial Intelligence (AI)–Generated Audio Described Video Industry? Major players in the Artificial Intelligence (AI)–Generated Audio Described Video Global Market Report 2025 include: • Amazon Web Services Inc. • Microsoft Corporation • Google LLC • Audible Sight Inc. • Verbit Inc. • Veritone Inc. • LOVO Inc. • 3Play Media Inc. • ZOO Digital Group Plc • AI-Media Technologies Ltd. What Are The Upcoming Trends Of Artificial Intelligence (AI)–Generated Audio Described Video Market In The Globe? Prominent corporations in the artificial intelligence–engineered audio-described video market are emphasizing the creation of pioneering solutions, like AI-aided natural language narration tools, to enhance accessibility and simplify the generation of video content. These solutions harness artificial intelligence to transcribe visual content into simulated spoken audio, primarily supplying thorough audio outlines for audiences with visual impairments. For instance, in January 2025, YuJa, Inc., a company based in the US that specializes in software, introduced AI-crafted superior audio descriptions as a part of its Gen AI Video PowerPack. This solution spontaneously produces vivid and detailed narrations for visual content, temporarily halting playback to communicate essential visual data without meddling with the primary audio. The platform further encompasses an interactive editor for refining descriptions and amalgamates with other AI video tools, advocating effective, scalable deployment of video content that is accessible. What Segments Are Covered In The Artificial Intelligence (AI)–Generated Audio Described Video Market Report? The artificial intelligence (AI)–generated audio-described video market covered in this report is segmented as 1) By Component: Software, Services 2) By Deployment: Cloud, On-Premises 3) By Application: Entertainment, Education, Healthcare, E-commerce, Media And Broadcasting, Other Applications 4) By Distribution Channel: Direct Sales, Online Platforms, Third Party Vendors 5) By End-User: Individuals, Enterprises, Government, Other End Users Subsegments: 1) By Software: Automated Audio Description Tools, Content Management Platforms, Speech Synthesis Engines, Natural Language Processing Modules 2) By Services: Audio Description Creation Services, Post Production Services, Accessibility Consulting Services, Integration And Support Services View the full artificial intelligence (ai)–generated audio described video market report: https://www.thebusinessresearchcompany.com/report/artificial-intelligence-aigenerated-audio-described-video-global-market-report Which Region Is Expected To Lead The Artificial Intelligence (AI)–Generated Audio Described Video Market By 2025? In 2024, North America was the leading region in the global market for AI-generated audio-described videos. Accelerated growth is anticipated for the Asia-Pacific region within the forecast period. The report analyzes several regions worldwide including North America, Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa. Browse Through More Reports Similar to the Global Artificial Intelligence (AI)–Generated Audio Described Video Market 2025, By The Business Research Company Artificial Intelligence Ai Content Generation Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-content-generation-global-market-report Ai Text Generator Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/ai-text-generator-global-market-report Ai Powered Content Creation Global Market Report 2025 https://www.thebusinessresearchcompany.com/report/ai-powered-content-creation-global-market-report Speak With Our Expert: Saumya Sahay Americas +1 310-496-7795 Asia +44 7882 955267 & +91 8897263534 Europe +44 7882 955267 Email: saumyas@tbrc.info The Business Research Company - www.thebusinessresearchcompany.com Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company Oliver Guirdham The Business Research Company info@tbrc.info Visit us on social media: LinkedIn Facebook X Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Verbit Frequently Asked Questions (FAQ)
When was Verbit founded?
Verbit was founded in 2017.
Where is Verbit's headquarters?
Verbit's headquarters is located at 169 Madison Avenue, New York.
What is Verbit's latest funding round?
Verbit's latest funding round is Secondary Market.
How much did Verbit raise?
Verbit raised a total of $532M.
Who are the investors of Verbit?
Investors of Verbit include CrossWork, Vertex Growth, Sapphire Ventures, More Capital, 40 North and 27 more.
Who are Verbit's competitors?
Competitors of Verbit include Nagish, Sherpany, Vidby, Ava, Otter.ai and 7 more.
What products does Verbit offer?
Verbit's products include Live captioning & real-time transcription and 4 more.
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Compare Verbit to Competitors
3Play Media provides closed captioning, transcription, and audio descriptions to customers in higher education, enterprise, entertainment, and government. It simplifies the process of making videos accessible through APIs, integrations with video players and platforms, plugins, and an online account system. The company was founded in 2008 and is based in Boston, Massachusetts.
Rev is a speech technology company that provides speech-to-text solutions across various sectors. The company offers services, including asynchronous and streaming speech-to-text APIs, human transcription, language identification, sentiment analysis, and topic extraction. Rev's technology converts spoken words into transcripts, summaries, and insights for businesses and developers integrating speech recognition into their applications. Rev was formerly known as Rev.com. It was founded in 2010 and is based in Austin, Texas.
Deepgram operates as a voice artificial intelligence (AI) platform providing speech-to-text, text-to-speech, and voice agent technologies. The company offers application programming interfaces (APIs) that allow developers to integrate voice capabilities into their applications, including transcription, speech generation, and voice interactions. Deepgram's solutions can be deployed on-premises or in the cloud, serving various business use cases. It was founded in 2015 and is based in San Francisco, California.
Otter.ai provides meeting assistance within the technology sector. The company focuses on features like automated meeting notes, real-time transcription, and actionable insights for in-person and virtual meetings. It serves sectors such as business, sales, education, and media, as well as organizations that require meeting management and documentation. Otter.ai was formerly known as AISense. It was founded in 2016 and is based in Mountain View, California.
Myna provides audio recording and transcription services within the technology sector. The company offers a solution for recording and transcribing meetings without the need for cloud storage, focusing on local data handling. Its products are designed for meeting documentation. It is based in London, England.
CapsAI offers artificial intelligence (AI)-powered subtitle generation for videos. It offers a tool that provides subtitles, improving video accessibility without the need for technical expertise. Its services are primarily utilized by content creators. It was founded in 2024 and is based in New Delhi, India.
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