AssemblyAIrevenue, valuation & funding
Application Development SoftwareSan Francisco, CaliforniaFounded 2017CEO Dylan Fox
AssemblyAI is a Application Development Software company based in San Francisco, founded in 2017.
AssemblyAI revenue
AssemblyAI has not published its revenue. GetLatka estimates it at about $10.4M a year (October 2024).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $771.8K | – |
| Dec 2023 | $4.9MEST. | GetLatka estimate |
| Oct 2024 | $10.4MEST. | GetLatka estimate |
– source not recorded
AssemblyAI valuation
AssemblyAI is privately held, so there is no AssemblyAI stock to buy. Investors valued it at $300M in its December 2023 Series C.
AssemblyAI funding rounds & investors
AssemblyAI has raised $158.1M across five rounds since 2017. The latest was a $50M Series C in December 2023.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Dec 2023 | Series C | $50M | $300M |
| Jul 2022 | Series B | $30M | – |
| Mar 2022 | Series A | $28M | – |
| Nov 2020 | Venture | $50M | – |
| Aug 2017 | Seed | $120K | – |
| Total raised | $158.1M |
AssemblyAI competitors
AssemblyAI competes most directly with Deepgram and Speechmatics.
| Company | Revenue | Funding | Employees | Founded |
|---|---|---|---|---|
 Deepgram | $100M | $168.9M | 310 | 2015 |
 Speechmatics | $10.9M | $1.4M | 120 | 2006 |
| AssemblyAI | $10.4M | $158.1M | 119 | 2017 |
AssemblyAI CEO & employees
Dylan Fox is CEO of AssemblyAI. AssemblyAI has 119 employees (December 2024, LinkedIn).
- Dylan FoxCEO
- Jessi WatersChief Operating Officer
- Prachie BanthiaVice President of Product Management
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 119 | |
| Sep 2024 | 115 | Forbes |
| Dec 2023 | 121 | |
| Dec 2022 | 65 | |
| Dec 2021 | 23 | |
| Apr 2021 | 13 | – |
AssemblyAI FAQ
How much money does AssemblyAI make?
AssemblyAI has not published its revenue. GetLatka estimates about $10.4M a year (October 2024).
How much is AssemblyAI worth?
Companies don't publish a net worth. The closest figure is AssemblyAI's valuation: $300M, set in Dec 2023.
Who owns AssemblyAI?
AssemblyAI is privately held by its founders, employees and investors.
Is AssemblyAI publicly traded?
No. AssemblyAI is a private company, so its shares are not listed on a stock exchange.
How much funding has AssemblyAI raised?
$158.1M across 5 rounds; the latest was a $50M Series C in December 2023.
Who is the CEO of AssemblyAI?
Dylan Fox.
How many employees does AssemblyAI have?
About 119 as of December 2024 (LinkedIn).
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 2, 2026Data disclaimerReport a correctionClaim this profileRun AssemblyAI? Join the podcast