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How Deepgram CEO Scott Stephenson grew to $21.8M revenue with a 164 person team in 2024.

Provider of an AI-based speech-to-text search platform created to understand human speech. The company's end-to-end deep learning speech recognition system searches for keywords in transcripts by both sound and text within audio and video files, used for transcribing calls, meetings and voicemails for searchable notes, providing businesses with a fast, high accuracy speech-to-text on an easy-to-use API at affordable prices.

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Deepgram Revenue

In 2024, Deepgram's revenue reached $21.8M. The company previously reported $10.3M in 2023. Since its launch in 2015, Deepgram has shown consistent revenue growth.

Deepgram Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$5M$10M$15M$20M$25M201520172019202120232024$0$8.8M$21.8MSource: GetLatka.com
YearMilestoneSource
2024Deepgram Hit $21.8m revenue in October 2024Estimated
2023Deepgram Hit $10.3m revenue in December 2023Estimated
2021Deepgram Hit $8.8m revenue in April 2021
2015Launched with $0 revenue

Deepgram Valuation, Funding Rounds

Deepgram has not publicly disclosed its valuation. The company has raised $38.9M in total funding to date.

Deepgram has raised $38.9M in total funding across 4 rounds, with its most recent round in 2021.

Deepgram Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$10M$0.4$20M$0.6$30M$0.8$40M$1$50M2015201620172018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Funding round$25M--
2020Funding round$12M--
2016Funding round$1.8M--
2016Funding round$120K--

Founder / CEO

Scott Stephenson

CEO

Scott Stephenson is listed as CEO at Deepgram.

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Customers

We do not have customer count information for Deepgram yet.

Deepgram Employees & Team Size

Deepgram employs approximately 164 people as of 2026, including 9 sales reps that carry a quota.

Deepgram Team GrowthReported headcount over time0408012016020020152017201920212023202400164164Source: GetLatka.com
YearMilestoneSource
2024Reached 164 employees (December 2024)
2024Reached 161 employees (October 2024)
2023Reached 164 employees (December 2023)
2023Reached 166 employees (July 2023)
2022Reached 184 employees (December 2022)
2021Reached 167 employees (December 2021)
2021Reached 116 employees (April 2021)

Frequently Asked Questions about Deepgram

What is Deepgram's revenue?

Deepgram generates an estimated $21.8M in annual revenue.

Who founded Deepgram?

Deepgram was founded by Scott Stephenson.

Who is the CEO of Deepgram?

The CEO of Deepgram is Scott Stephenson.

How much funding does Deepgram have?

Deepgram raised $38.9M across 4 rounds.

How many employees does Deepgram have?

Deepgram has 164 employees.

Where is Deepgram headquarters?

Deepgram is headquartered in San Francisco, California, United States.

Compare Deepgram to the industry

Deepgram operates across multiple industries. Browse revenue, funding, and growth data for Deepgram 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.

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Deepgram Revenue 2024: $21.8M Est. ARR, $38.9M Raised