Valuation · 2023
$300M
2024 Revenue
$10.4M(Est.)
Funding
$158.1M
Team
119
Founded
2017
AssemblyAI Revenue, Valuation & Funding (2024)
AssemblyAI generated an estimated $10.4M in annual revenue in 2024. Source: GetLatka estimate
Developer of a speech recognition system designed to automate audio transcriptions. The company's system uses artificial intelligence to upload industry specific words, names or phrases for transcription of streaming audio in real-time, enabling developers to build customized chat interfaces easily, quickly and inexpensively.
Last updated
AssemblyAI Revenue
In 2024, AssemblyAI's revenue reached $10.4M. The company previously reported $4.9M in 2023. Since its launch in 2017, AssemblyAI has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | AssemblyAI Hit $10.4m revenue in October 2024 | Estimated |
| 2023 | AssemblyAI Hit $4.9m revenue in December 2023 | Estimated |
| 2021 | AssemblyAI Hit $771.8k revenue in April 2021 | Not recorded |
| 2017 | Launched with $0 revenue |
AssemblyAI Valuation, Funding Rounds
AssemblyAI reached a $300M valuation in 2023, set during its Series C round.
AssemblyAI has raised $158.1M in total funding across 5 rounds, most recently a $50M Series C round in 2023.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2023 | Series C | $50M | $300M | 17% | Not recorded |
| 2022 | Series B | $30M | - | - | Not recorded |
| 2022 | Series A | $28M | - | - | Not recorded |
| 2020 | Venture | $50M | - | - | Not recorded |
| 2017 | Seed | $120K | - | - | Not recorded |
Founders
Customers
We do not have customer count information for AssemblyAI yet.
AssemblyAI Employees & Team Size
AssemblyAI employs approximately 119 people as of 2026, down from 121 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 119 employees (December 2024) | Not recorded |
| 2024 | Reached 115 employees (September 2024) | Not recorded |
| 2023 | Reached 121 employees (December 2023) | Not recorded |
| 2022 | Reached 65 employees (December 2022) | Not recorded |
| 2021 | Reached 23 employees (December 2021) | Not recorded |
| 2021 | Reached 13 employees (April 2021) | Not recorded |
Frequently Asked Questions about AssemblyAI
What is AssemblyAI's revenue?
As of 2024, AssemblyAI generated an estimated $10.4M in annual revenue.
Who is the CEO of AssemblyAI?
The CEO of AssemblyAI is Dylan Fox.
How much funding does AssemblyAI have?
AssemblyAI raised $158.1M across 5 rounds.
How many employees does AssemblyAI have?
As of 2024, AssemblyAI had 119 employees.
Where is AssemblyAI headquartered?
AssemblyAI is headquartered in San Francisco, California, United States.
Compare AssemblyAI to the industry
AssemblyAI operates across multiple industries. Browse revenue, funding, and growth data for AssemblyAI in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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