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How Verbit CEO Yair Amsterdam grew Verbit to $365.3M revenue with a 1591 person team in 2024.

Verbit is an AI company that specializes in combining capturing the spoken word using artificial intelligence and supported by humans. It provides professional AI transcription and captioning solutions, delivering high accuracy and fast turnaround times.

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Verbit Revenue

In 2024, Verbit's revenue reached $365.3M. The company previously reported $100M in 2021. Since its launch in 2017, Verbit has shown consistent revenue growth.

Verbit Revenue GrowthReported revenue / ARR by year$0$100M$200M$300M$400M20172018201920202021202220232024$0$100M$365MSource: GetLatka.com
YearMilestone
2024Verbit Hit $365.3m revenue in December 2024
2021Verbit Hit $100m revenue in December 2021
2017Launched with $0 revenue

Verbit Valuation, Funding Rounds

Verbit reached a $2B valuation in 2021, set during its Series E round.

Verbit has raised $472M in total funding across 4 rounds, most recently a $250M Series E round in 2021.

Verbit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$500M$1B$2B$2B$3B201720182019202020212017 cumulative: $0 • 2017 Founded: $02019 cumulative: $34M • 2017 Founded: $0 • 2019 Series A: $34M2020 cumulative: $65M • 2017 Founded: $0 • 2019 Series A: $34M • 2020 Series B: $31M2021 cumulative: $222M • 2017 Founded: $0 • 2019 Series A: $34M • 2020 Series B: $31M • 2021 Series D: $157M2021 cumulative: $472M • 2017 Founded: $0 • 2019 Series A: $34M • 2020 Series B: $31M • 2021 Series D: $157M • 2021 Series E: $250M @ $2B valuation$472M2017 Founded: $0 valuation2021 Series E: $2B valuation$2BSource: GetLatka.com
YearRoundAmountValuation% Sold
2021Series E$250M$2B13%
2021Series D$157M--
2020Series B$31M--
2019Series A$34M--

Verbit Employees & Team Size

Verbit employs approximately 1.6K people as of 2026.

Verbit has 1.6K total employees in different roles and functions.

Verbit Team GrowthReported headcount over time04008001,2001,6002,000201720182019202020212022202320242025001,5911,591Source: GetLatka.com
YearMilestone
2025Reached 1.6K employees (November 2025)

Founder / CEO

Yair Amsterdam

Yair Amsterdam is listed as Founder / CEO at Verbit.

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Customers

We do not have customer count information for Verbit yet.

Frequently Asked Questions about Verbit

What is Verbit's revenue?

Verbit generates $365.3M in revenue.

Who is the CEO of Verbit?

The CEO of Verbit is Yair Amsterdam.

How much funding does Verbit have?

Verbit raised $472M.

How many employees does Verbit have?

Verbit has 1.6K employees.

Where is Verbit headquarters?

Verbit is headquartered in New York, New York, United States.

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Compare Verbit to the industry

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