Deepgramrevenue, valuation & funding
Voice Recognition SoftwareSan Francisco, CaliforniaFounded 2015CEO Scott Stephenson
Deepgram is a Voice Recognition Software company based in San Francisco, founded in 2015.
Deepgram revenue & ARR
Deepgram's annual recurring revenue passed $100M in August 2026 (Press & News).
All 5 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $8.8M | – |
| Dec 2023 | $10.3MEST. | GetLatka estimate |
| 2024 | $21.8MEST. | siliconvalleyinvestclub.com estimate |
| Oct 2024 | $21.8MEST. | GetLatka estimate |
| Aug 2026 | $100M | Press & News |
– source not recorded
Deepgram valuation
Deepgram is privately held, so there is no Deepgram stock to buy. Investors valued it at $1.3B in its 2026 Series C, led by AVP.
Deepgram funding rounds & investors
Deepgram has raised $168.9M across five rounds since 2016. The latest was a $130M Series C in 2026, led by AVP.
| Date | Round | Raised | Valuation | Led by | Source |
|---|---|---|---|---|---|
| 2026 | Series C | $130M | $1.3B | AVP | deepgram.com |
| Feb 2021 | Funding round | $25M | – | – | |
| Mar 2020 | Funding round | $12M | – | – | |
| Sep 2016 | Funding round | $1.8M | – | – | |
| Mar 2016 | Funding round | $120K | – | – | |
| Total raised | $168.9M |
Deepgram competitors
Deepgram competes most directly with Speechmatics, AssemblyAI and Spext. It is the largest of the four by revenue.
| 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 |
 Spext | $375.8K | – | 9 | 2017 |
#7 of 484 Voice Recognition Software companies by revenue · category median $1.1M · See the ranking
Deepgram CEO, founders & employees
Scott Stephenson founded Deepgram in 2015 with Adam Sypniewski and Noah Shutty and runs it as CEO. Deepgram has 310 employees (April 2026, LeadIQ estimate), up from 164 a year earlier.
- Scott StephensonCo-founder & CEO
All 8 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Apr 2026 | 310EST. | LeadIQ estimate |
| Dec 2024 | 164 | |
| Oct 2024 | 161 | |
| Dec 2023 | 164 | |
| Jul 2023 | 166 | – |
| Dec 2022 | 184 | |
| Dec 2021 | 167 | |
| Apr 2021 | 116 | – |
Deepgram FAQ
What is Deepgram's revenue?
Deepgram's annual recurring revenue passed $100M in August 2026, according to a news report.
What is Deepgram's valuation?
Investors valued Deepgram at $1.3B in its 2026 Series C, led by AVP, according to deepgram.com.
How much funding has Deepgram raised?
Deepgram has raised $168.9M across five funding rounds. The latest was a $130M Series C in 2026, led by AVP.
Who owns Deepgram?
Deepgram is privately held. Its lead investors include AVP.
How many employees does Deepgram have?
LeadIQ estimates Deepgram's headcount at about 310 (April 2026).
Who is the CEO of Deepgram?
Scott Stephenson is the CEO of Deepgram and co-founded the company in 2015.
Who founded Deepgram?
Scott Stephenson, Adam Sypniewski and Noah Shutty founded Deepgram in 2015.
Browse Voice Recognition Software
How this page is sourced
7 from public sources · 4 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 Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Deepgram? Join the podcast