Valuation
$300M
2024 Revenue
$10.4M(Est.)
Funding
$158.1M
Team
119
Founded
2017
AssemblyAI Revenue, Valuation & Funding (2024)
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 | |
| 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% | |
| 2022 | Series B | $30M | - | - | |
| 2022 | Series A | $28M | - | - | |
| 2020 | Venture Round | $50M | - | - | |
| 2017 | Seed Round | $120K | - | - |
Founders
Prachie Banthia
Vice President of Product Management
Prachie Banthia is listed as Vice President of Product Management at AssemblyAI.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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) | |
| 2024 | Reached 115 employees (September 2024) | |
| 2023 | Reached 121 employees (December 2023) | |
| 2022 | Reached 65 employees (December 2022) | |
| 2021 | Reached 23 employees (December 2021) | |
| 2021 | Reached 13 employees (April 2021) |
Frequently Asked Questions about AssemblyAI
What is AssemblyAI's revenue?
AssemblyAI generates 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?
AssemblyAI has 119 employees.
Where is AssemblyAI headquarters?
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.
Claim this profilePeople Also Viewed
Syniac
Syniac is a cloud infrastructure platform that provides developers and businesses with on-demand...
LeanDNA
LeanDNA is a company that provides supply chain analytics software and inventory optimization...
Idomoo
Developer a personalized video as a Service (PVaaS) platform designed to deliver effective customer...
Stack
Stack is an end-to-end SaaS-based solution that scales mobile app business growth and drives...
Nest Wealth
Developer of a wealth management platform designed to help people manage investment portfolio. The...
Ecologi
We’re on a mission to inspire and empower businesses to accelerate global action on climate. Our...
