The closest alternatives to Deepgram are Speechmatics, AssemblyAI and Spext. Deepgram generates $21.8M in revenue with 310 employees. Every one of the 3 competitors below is compared with Deepgram on revenue, funding, customers, team size and founding year.
Deepgram is pinned as the first column so every figure is read against it. Blank cells are figures we have not verified, never zeros.
| Company |  DeepgramThis company |  Speechmatics |  AssemblyAI |  Spext |
|---|---|---|---|---|
| Revenue | $21.8M | $10.9M | $10.4M | $375.8K |
| Valuation | $1.3B | Not disclosed | Not disclosed | Not disclosed |
| Funding raised | $168.9M | $1.4M | $158.1M | Not disclosed |
| Team size | 310 | 120 | 119 | 9 |
| Founded | 2015 | 2006 | 2017 | 2017 |
| HQ | San Francisco, United States | United Kingdom | United States | United States |
United Kingdom · Voice Recognition Software
Speechmatics is a leading automatic speech recognition (ASR) technology company that provides advanced speech-to-text solutions. Their cloud-based platform utilizes cutting-edge machine learning and artificial…
United States · Voice Recognition Software
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…
United States · Voice Recognition Software
Developer of an online platform designed to make voice media creation as easy and ubiquitous as text. The company's platform uses artificial intelligence to fuse speech and text to automate transcription, voice-editing…
Deepgram ranks #25 of 489 Voice Recognition Software companies by annual revenue, putting it in the top 5% of the market.
| Date | Round | Amount | Valuation |
|---|---|---|---|
| Jan 2026 | Series C | $130M | Not disclosed |
| Jan 2026 | Funding round | Not disclosed | $1.3B |
| Feb 2021 | Funding round | $25M | Not disclosed |
| Mar 2020 | Funding round | $12M | Not disclosed |
| Sep 2016 | Funding round | $1.8M | Not disclosed |
| Mar 2016 | Funding round | $120K | Not disclosed |
The closest alternatives to Deepgram are Speechmatics, AssemblyAI and Spext, all active in Voice Recognition Software. This page compares each of them with Deepgram on revenue, funding, customers and team size.
Speechmatics is the closest alternative to Deepgram, generating $10.9M in revenue. Which alternative fits best depends on budget and company size, so compare all 3 competitors above before choosing.
Deepgram generates $21.8M in revenue.
Deepgram has raised $168.9M in funding.
Yes. Deepgram generates $21.8M in revenue versus $10.9M at Speechmatics.
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