Top 10 Speech Recognition startups

Updated: February 25, 2024

Speech recognition is the inter-disciplinary sub-field of computational linguistics that develops methodologies and technologies that enables the recognition and translation of spoken language into text by computers.
1
Country: India | Funding: $620.9M
Global Conversational AI technology company that enables businesses to deliver transformational customer service across touchpoints.
2
Country: Israel | Funding: $569M
Verbit is using smart AI technology to disrupt transcription and captioning with automation and speed.
3
Country: USA | Funding: $451M
SoundHound develops voice-enabled AI and conversational intelligence technologies. It provides Speech-to-Meaning engine and Deep Meaning Understanding technology that can be built in other services and devices. It also develops app for music recognition and voice assistant for search.
4
Country: China | Funding: $252.8M
Mobvoi is an AI company that developed Chinese voice recognition, natural language processing, and vertical search technology in-house.
5
Country: USA | Funding: $201.5M
Invoca provides complete call intelligence for business. Its machine learning algorithms analyze live phone conversations to understand caller intent and outcomes. Marketers can utilize these insights to make smarter decisions on everything from PPC bidding strategy to digital retargeting audiences.
6
Country: USA | Funding: $158.1M
AssemblyAI is an AI company building a platform of APIs to transcribe and understand audio data.
7
Country: China | Funding: $128.9M
Through cutting-edge AI technology & innovative product design, Liulishuo helps users learn English more efficiently and communicate with the world.
8
Country: USA | Funding: $119.2M
Notable uses AI to automate and digitize every physician-patient interaction. It automtes recording of doctor’s visits and updating of electronic health records. The company has developed a technology that uses natural language processing and voice recognition to automatically record doctor-patient interactions and structure the data for inclusion in a patient’s medical records.
9
Country: USA | Funding: $113M
Replicant is a contact center automation software that helps companies automate their most common customer service requests. Replicant uses AI to provide agents with call summaries and measures trends like overall customer satisfaction, average handle time, competitor mentions, defective products and upsell opportunities.
10
Country: USA | Funding: $100M
Descript is building a platform for creative tools, making audio and video creation as fast, accessible, and collaborative as Google Docs.
11
Country: USA | Funding: $85.9M
Deepgram saves businesses time and money by building tailored speech recognition models that increase revenue and maximize productivity.
12
Country: UK | Funding: $70.2M
Speechmatics provides automatic speech recognition technologies that can be used anywhere, by anyone, in any language.
13
Country: UK | Funding: $70M
Poly AI develops a machine learning platform for conversational artificial intelligence.
14
Country: USA | Funding: $63M
Otter.ai offers an AI transcription service to capture, search, and share meetings, lectures, and live events.
15
Country: USA | Funding: $52.2M
Sanas is a software development company that assists multilingual speakers to deliver clear communication through accent correction.
16
Country: USA | Funding: $8.8M
Dialogflow is a conversational user experience platform enabling natural language interactions for devices, applications and services. Developers can use Dialogflow services for speech recognition, natural language processing (intent recognition and context awareness), and conversation management to quickly and easily differentiate their business, increase customer satisfaction and improve business processes.
17
Country: USA | Funding: $41.3M
Sonde Health has developed a technology that uses voice biomarkers to identify a number of diseases such as respiratory disorders and mental illness.
18
Country: USA | Funding: $37.2M
DeepScribe is an AI-driven platform for medical record-taking.
19
Country: Israel | Funding: $35M
Hyro uses AI to facilitate text and voice conversations across the web, call centers and apps between healthcare organizations and their clients.
20
Country: USA | Funding: $30.5M
Rev’s speech-to-text services are powered by artificial intelligence and perfected by a community of skilled freelancers.
21
Country: Israel | Funding: $28M
Voiceitt is an automatic speech recognition technology platform.
22
Country: Cyprus | Funding: $20M
Omilia offers a customer care virtual assistant that uses machine learning to offer what it claims is a more “human-like” experience.
23
Country: USA | Funding: $19M
Fireflies.ai offers an AI Meeting assistant that records, transcribes, and makes searchable meeting notes.
24
Country: USA | Funding: $17.7M
Hume AI develops speech, expression understanding for healthcare
25
Country: UK | Funding: $14.3M
Trint reinvents transcription extending automated-speech-to text so that users can trust the output. Recorded content becomes searchable.
26
Country: Czech Republic | Funding: $14.1M
Parrot is an AI-powered transcription platform that turns speech into text
27
Country: Ireland | Funding: $11.8M
SoapBox allows kids' voices to be heard in the digital world. SoapBox builds voice experiences just for kids and performs best in terms of accuracy and bias for kids ages 2 years and up, across all ages, accents, and dialects.
28
Country: Sweden | Funding: $12M
Supernormal is an AI assistant that automatically writes detailed notes for Zoom, Teams, and Google Meet video meetings.
29
Country: Japan | Funding: ¥1.5B
RevComm is the startup company developing Voice x AI-enabled cloud services .
30
Country: USA | Funding: $6.3M
Huddl is an application that leverages artificial intelligence to share text messages and enables users to bring life to meetings.
31
Country: USA | Funding: $4.4M
Blue Canoe is an AI solution increasing employee productivity by improving the pronunciation of non-native English speaking employees.
32
Country: UK | Funding: $4.1M
Advanced Conversational AI to provide powerful voice-first experiences for any industry.
33
Country: USA | Funding: $4M
Reduct.Video makes editing a video as simple as editing text: AI transcription connects every single word to the corresponding moment in the video.
34
Country: USA | Funding: $3.5M
Kadho developed Kidsense.ai, a revolutionary technology in children’s embedded automatic speech recognition (ASR) and Edge-AI.
35
Country: Finland | Funding: $2.2M
Speechly’s solution is to combine natural language understanding and speech recognition in a “novel way” that enables developers to a create a highly reactive and seamlessly multimodal user experience that better guides the user when expressing complex intents.
36
Country: USA | Funding: $1.5M
Tetra lets you have a clean and complete conversation with the person at the other end because it takes care of all the niche details that come up in the discussions. It uses Artificial Intelligence to generate a detailed script of dialogues using its speech recognition technology.
37
Country: United Arab Emirates | Funding: $800K
Wrappup is a meeting-based productivity app with intelligent voice recording that helps inside sales managers make better decisions.
38
Country: Ukraine | Funding: $500K
Noty is a note-taking AI assistant transforming Google Meet into notes, action items, tasks and events.
39
Country: Ukraine | Funding: $150K
Outloud.ai allows businesses to automate voice conversations with their customers using Artificial Intelligence
40
Country: Indonesia
Bahasa Kita (PT. Bahasa Kinerja Utama) is a company that focuses on developing products based on speech recognition technology artificial intelligence, and natural language processing (NLP) such as automatic speech recognition, machine translation, text to speech, voice biometrics, sentiment analysis, topic detection and clustering, etc.
41
Country: Germany
SpeechText.AI offers cloud-based services for industry-specific speech recognition and audio transcription.