AssemblyAIrevenue, valuation & funding
Application Development SoftwareSan Francisco, CaliforniaFounded 2017CEO Dylan Fox
AssemblyAI is an 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).
All 3 revenue readings, with sources
| 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 had 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
What is AssemblyAI's revenue?
GetLatka estimates AssemblyAI's revenue at about $10.4M a year (October 2024). The company hasn't published its own figure.
What is AssemblyAI's valuation?
Investors valued AssemblyAI at $300M in its December 2023 Series C.
How much funding has AssemblyAI raised?
AssemblyAI has raised $158.1M across five funding rounds. The latest was a $50M Series C in December 2023.
Is AssemblyAI publicly traded?
No. AssemblyAI is a private company, so its shares aren't traded on a stock exchange.
How many employees does AssemblyAI have?
AssemblyAI had 119 employees in December 2024, according to LinkedIn.
Who is the CEO of AssemblyAI?
Dylan Fox is the CEO of AssemblyAI.
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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