Valuation
$300M
2024 Revenue
$10.4M
Funding
$158.1M
YOY
114.1%
Team
119
Founded
2017
How AssemblyAI CEO Dylan Fox grew to $10.4M revenue with a 119 person team in 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 | Quote |
|---|---|---|
| 2024 | AssemblyAI Hit $10.4m revenue in October 2024 | |
| 2023 | AssemblyAI Hit $4.9m revenue in December 2023 | |
| 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 | Quote |
|---|---|---|---|---|---|
| 2023 | Series C | $50M | $300M | 17% | |
| 2022 | Series B | $30M | - | - | |
| 2022 | Series A | $28M | - | - | |
| 2020 | Venture Round | $50M | - | - | |
| 2017 | Seed Round | $120K | - | - |
Founder / CEO
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 |
|---|---|
| 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 $10.4M in revenue.
Who is the CEO of AssemblyAI?
The CEO of AssemblyAI is Dylan Fox.
How much funding does AssemblyAI have?
AssemblyAI raised $158.1M.
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 compute, storage, networking, and managed services across a global footprint. It focuses on fast deployments, predictable performance, and automation-driven reliability to simplify running applications at scale.
LeanDNA
LeanDNA is a company that provides supply chain analytics software and inventory optimization solutions. Their software empowers supply chain agility and helps businesses optimize their inventory management. They offer pricing, features, and reviews for their software.
Idomoo
Developer a personalized video as a Service (PVaaS) platform designed to deliver effective customer engagement. The company's personalized video as a Service (PVaaS) platform offers large-scale personalized videos for brands to improve communication across every stage of the customer life cycle and enabling to integrate customer data from CRM systems or databases into tailor-made professional video clips.
Stack
Stack is an end-to-end SaaS-based solution that scales mobile app business growth and drives profits by synthesizing User Acquisition, Ad Monetization and Business Intelligence. Stack is an independent market player that strives to clear the way for publishers and advertisers to collaborate directly. In an industry known for being opaque, Stack aims to increase transparency and empower mobile app businesses with the technology and information they need to thrive in a highly competitive landscape.
Nest Wealth
Developer of a wealth management platform designed to help people manage investment portfolio. The company's wealth management platform offers an online automated financial advisor, that combines the customization of a personal portfolio manager with the convenience, transparency and time-savings technology, enabling them to track, monitor and manage their investment portfolio.
Ecologi
We’re on a mission to inspire and empower businesses to accelerate global action on climate. Our passionate community of over 19,000 businesses and 40,000 members has so far funded over 60 million trees and avoided over 2.5 million tCO2e in just three years of impact.
