| Company | AssemblyAI |
| Fund Raised | $28M |
| Investor | Accel |
| Co-Founder/CEO | Dylan Fox |
| Website | https://www.linkedin.com/company/assemblyai |
| Valuation | Approx. $360M |
AssemblyAI 28M Series AccelColdeweyTechcrunch
Audio Intelligence API startup, AssemblyAI raised $28 million led by Accel in seed fundraising. The round was John and Patrick Collison, Y Combinator, Daniel Gross, and Nat Friedman co-led the round.
Also Read: Mux 105M Series Coatue 175Mtechcrunch
CEO Dylan Fox said that all the investors joined the board and we intend to use these funds on R&D of AI models for speech recognition.
Moreover, AssemblyAI APIs help businesses to bulk translate text-to-speech and speech-to-text quickly. Also, many startups and big business like NBC uses their APIs to power and scale their businesses.
