Verbit
A/V Captioning and Transcription Solutions
Startup E Media & Entertainment Technologies Est. 2017
Total Raised
$532M
E
Last Round
$250M
6 rounds
Investors
19
19 public
Team
9
500+ employees
Confidence
101/100
News
26
articles
Patents
1
About
Verbit provides vertical-built voice AI solutions, equipping more than 2,000 businesses and institutions with the tools they need to offer engaging and equitable experiences that not only meet accessibility guidelines, but make verbal information searchable and actionable. Since its founding in 2017, Verbit has grown rapidly into a unicorn company with a $2 billion valuation and a global presence. Verbit combines its in-house AI with one of the largest professional captioner workforces in the world to produce premier captioning and transcription results.
Classification
Sector
Media & Entertainment TechnologiesDigital Content Production
Core Technology
Artificial IntelligenceVoice & Speech RecognitionMachine LearningNatural Language Processing
Target Customer
Enterprise & Professional ServicesTranslation & Linguistic ServicesEnterprisesLegal ServicesCall CentersTravel & TourismAttractionsMuseums & Historical SitesFinancial ServicesFinancial InstitutionsGovernment & CityMedia & EntertainmentGaming IndustryMediaSportsContent ProductionEventsStreamingHealthcare & Life SciencesHealthcareInsurance CompaniesProvidersLife SciencesPharmaceuticalsConsumersEducation & AcademiaDemographics & FamilyDisabilitiesEducationLibrariesK12 EducationHigher Education
Business Model
B2GB2B
Tags
accessibilityunicorn-2021smbvideopatent-pendingspeech-analyticsmachine-learningenterprisesvoice-recognitionaudioeducationsaasartificial-intelligencedeep-learningdisabilitiese-learningacademianatural-language-processinglegaltech
Funding & Events
Nov 2021
E Round $250M
AltaIR Capital, Disruptive AI, More Investment House, Samsung Next TLV, Vertex Growth Fund, AltaClub, Titan Capital Partners, Third Point Ventures, Sapphire Ventures
Nov 2020
C Round $60M
Sapphire Ventures (Lead), Stripes, HV Holtzbrinck Ventures, Vertex Ventures Israel, Claltech, Vertex Growth Fund
May 2022
M&A Undisclosed
May 2022
M&A Undisclosed
May 2021
M&A Undisclosed
Mar 2022
M&A Undisclosed
Mar 2018
Seed $11M
Bouaziz & Partners, Vertex Ventures Israel, ATOORO Fund, HORIZON CAPITAL, HV Holtzbrinck Ventures
Jun 2021
D Round $157M
Sapphire Ventures (Lead), Stripes, Big-Tech R&D 50, Third Point Ventures, HORIZON CAPITAL, Vertex Growth Fund, HV Holtzbrinck Ventures, Claltech
Jul 2022
M&A Undisclosed
Jan 2020
B Round $31M
Vertex Ventures Israel, Vintage Investment Partners, HORIZON CAPITAL, Claltech, HV Holtzbrinck Ventures, Viola Ventures
Jan 2019
A Round $23M
Vintage Investment Partners, Claltech, HORIZON CAPITAL, HV Holtzbrinck Ventures, Viola Ventures, Vertex Ventures Israel
Dec 2021
M&A Undisclosed
News (26)
Mar 23, 2025 · www.lawnext.com
growth-positive
Verbit Launches Legal Visor, An AI-Powered Tool To Deliver Real-Time Deposition Insights
Product StagePartners
Jun 26, 2024 · www.calcalistech.com
Growth-Positive
Verbit appoints Yair Amsterdam as permanent CEO, focuses on AI and growth | CTech
Management ChangesLayoffsExpand
Jun 17, 2024 · www.wlns.com
growth-positive
Verbit Launches Revolutionary Real-Time Transcription Service for Legal Proceedings
CustomersExpand
Mar 5, 2024 · en.globes.co.il
growth-negative
Verbit laying off dozens of employees
Management ChangesLayoffs
Feb 4, 2024 · www.calcalistech.com
growth-negative
Verbit appoints Yair Amsterdam as Acting CEO in place of Tom Livne | CTech
Management ChangesLayoffs
Feb 3, 2024 · en.globes.co.il
growth-positive
Verbit mulls merger with US co 3Play Media
AcquisitionInvestmentManagement Changes
Jan 28, 2024 · www.calcalist.co.il
Growth-Negative
היוניקורן ורביט מחפש מנכ"ל חדש - במקום המייסד תום ליבנה | כלכליסט
Management ChangesInvestment
Jan 28, 2024 · www.calcalistech.com
growth-negative
Transcription unicorn Verbit searching for new CEO to replace Tom Livne | CTech
Management ChangesLayoffs
Aug 31, 2023 · nocamels.com
growth-positive
Transcription Startup Unveils New Generative AI Tool For Higher Ed
CustomersExpand
Jul 26, 2023 · www.calcalistech.com
Growth-Negative
Unicorn Verbit cutting 60 jobs in second round of layoffs | CTech
LayoffsManagement Changes
Jul 28, 2022 · www.prweb.com
growth-positive
Verbit Acquires Media Services Provider, Take 1
AcquisitionPartners
Jul 5, 2022 · www.calcalistech.com
growth-negative
Verbit to layoff 10% of its workforce, eight months after $250 million funding round CTech
LayoffsExpand
May 12, 2022 · www.prnewswire.com
growth-positive
Verbit Acquires U.S. Captioning Company, an Industry-Leading Closed Captioning Provider for National TV Networks
Acquisition
Dec 26, 2021 · en.globes.co.il
growth-positive
Verbit buys Automatic Sync Technologies
CustomersPartnersExpand
Nov 23, 2021 · www.calcalistech.com
growth-positive
Verbit hits $2 billion valuation with $250 million Series E
InvestmentExpand
Aug 19, 2021 · finance.walla.co.il
growth-positive
שורה של מינויי בכירים ב-Verbit - וואלה! כסף
Management Changes
Jun 8, 2021 · venturebeat.com
Growth-Positive
AI-powered transcription startup Verbit raises $157M
InvestmentPublic TradingExpand
May 12, 2021 · en.globes.co.il
growth-positive
Verbit acquires US TV captioning co VITAC
Acquisition
Nov 19, 2020 · venturebeat.com
growth-positive
Verbit raises $60 million to improve enterprise-focused transcription software
InvestmentExpand
Sep 10, 2020 · www.calcalistech.com
growth-positive
To achieve its mission of transforming the note-taking world, Verbit wants to become the "Uber of transcription"
CustomersExpand
+ 6 more articles
Details
Product Stage
Released
Employees
500+
Exact Count
1590
District
Center District
Founded
2017
Registrar
515547735
Crunchbase
verbit-ai
Locations
Ariel Sharon St 4, Giv'atayim, Israel
169 Madison Ave #2316, New York, NY 10016, USA
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Oct 13, 2025
Verified by
Yanina Wainscheinker
Claimed
Yes
Missing
markets
Team (9)
Yair Amsterdam
CEO
Sagi Rothman
CFO
JP Son
CLO
Barak Rozenblat
COO
Jim Holmes
CRO
Michal Hershkovitz
Chief of Staff
David Landsberg
VP Product
Hila Geva
VP R&D
Dikla Edlis
CHRO
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2017-06-05T00:00:00.000Z
Last editor
Matan Eblagon (matane@sncentral.org)