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How AssemblyAI CEO Dylan Fox grew AssemblyAI 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.

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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.

AssemblyAI Revenue GrowthReported revenue / ARR by year$0$3M$5M$8M$10M$13M20172018201920202021202220232024$0$772K$5M$10MSource: GetLatka.com
YearMilestone
2024AssemblyAI Hit $10.4m revenue in October 2024
2023AssemblyAI Hit $4.9m revenue in December 2023
2021AssemblyAI Hit $771.8k revenue in April 2021
2017Launched 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.

AssemblyAI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$75M$150M$225M$300M$375M20172018201920202021202220232017 cumulative: $120K • 2017 Seed Round: $120K2020 cumulative: $50M • 2017 Seed Round: $120K • 2020 Venture Round: $50M2022 cumulative: $78M • 2017 Seed Round: $120K • 2020 Venture Round: $50M • 2022 Series A: $28M2022 cumulative: $108M • 2017 Seed Round: $120K • 2020 Venture Round: $50M • 2022 Series A: $28M • 2022 Series B: $30M2023 cumulative: $158M • 2017 Seed Round: $120K • 2020 Venture Round: $50M • 2022 Series A: $28M • 2022 Series B: $30M • 2023 Series C: $50M @ $300M valuation$158M2023 Series C: $300M valuation$300MSource: GetLatka.com
YearRoundAmountValuation% Sold
2023Series C$50M$300M17%
2022Series B$30M--
2022Series A$28M--
2020Venture Round$50M--
2017Seed Round$120K--

AssemblyAI Employees & Team Size

AssemblyAI employs approximately 119 people as of 2026, down from 121 in 2023.

AssemblyAI has 119 total employees in different roles and functions.

AssemblyAI Team GrowthReported headcount over time03060901201502017201820192020202120222023202400119119Source: GetLatka.com
YearMilestone
2024Reached 119 employees (December 2024)
2024Reached 115 employees (September 2024)
2023Reached 121 employees (December 2023)
2022Reached 65 employees (December 2022)
2021Reached 23 employees (December 2021)
2021Reached 13 employees (April 2021)

Founder / CEO

Dylan Fox

Dylan Fox is the Founder and CEO at AssemblyAI.

Q&A

QuestionAnswer
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Customers

We do not have customer count information for AssemblyAI yet.

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.

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Compare AssemblyAI to the industry

AssemblyAI operates across multiple industries. Browse revenue, funding, and growth data for AssemblyAI in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

AssemblyAI Revenue 2024: $10.4M ARR, $300M Valuation