AssemblyAI APIs 28M Series

AssemblyAI APIs 28M Series
Fund Raised$28M                    
Co-Founder/CEODylan Fox
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.

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