Verbit

What Verbit does

Verbit is a New York-headquartered AI voice intelligence platform founded in 2017 that provides transcription, captioning, translation, dubbing, and audio description services to legal, media, education, corporate, and government organizations. Its core technology is the proprietary Captivate™ automatic speech recognition (ASR) engine, trained on more than 4 million hours of domain-specific transcription data and targeting up to 99% accuracy through custom vocabularies, term boosting, and dynamic dictionaries. The platform extends beyond ASR with Gen.V™ generative AI for transcript insights, Legal Visor for real-time deposition anomaly detection, DepoSim for AI-driven deposition simulation, Verbit Dub for multilingual AI dubbing, and computer vision-based audio description, all offered alongside optional human verification layers for compliance-critical use cases.

The company serves more than 3,000 customers including CNN, Sinclair Broadcast Group, ITV Studios, Harvard University, the University of Arizona, and Am Law firms such as Smith, Gambrell & Russell and Fisher Phillips. Revenue is generated through a mix of subscription plans (Standard at $24/month, Campus Complete, Legal Capture, Legal Visor on custom annual contracts), usage-based billing for transcription and captioning hours, and professional services for specialized deployments. The business combines an enterprise field sales motion for large legal, education, and broadcast accounts with a self-serve product-led growth channel for smaller customers.

Verbit has scaled through both organic product development and acquisitions, having acquired VITAC (rebranded in 2025), Take Note (UK, March 2022), U.S. Captioning (May 2022), and Automatic Sync Technologies (December 2021) to expand media, broadcast, and European market presence. The company raised approximately $432M+ across funding rounds through a Series E in November 2021 led by Third Point Ventures, achieving unicorn valuation of over $1 billion in June 2021 with a Sapphire Ventures-led $157M Series D. In 2025, Verbit reduced headcount as part of an AI-driven restructuring while continuing to launch new products and partnerships through 2026.

Name

Verbit

Legal name

Verbit

Website

https://verbit.ai

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Verbit is a New York-based AI voice intelligence platform founded in 2017 that provides transcription, captioning, dubbing, and accessibility services to 3,000+ legal, media, education, corporate, and government organizations using its proprietary Captivate™ ASR engine.

Ownership category

akta.pro rank

Product category

Speech Recognition and Transcription Software

NAICS

Postproduction Services and Other Motion Picture and Video Industries (51219), Sound Recording Industries (5122), Translation and Interpretation Services (541930)

SIC

Services-Prepackaged Software (7372), Services-Motion Picture & Video Tape Production (7812)

akta.pro primary industry

Voice Cloning, Dubbing & Audio Generative Media (HDAAAFAK)

akta.pro secondary industries

Text-to-Speech (TTS) & Voice Synthesis (HDAAAFAB), Generative AI & LLM Solutions Services (RAG, Agents, Copilots) (BPAEAHAG), Assistive Reading & Writing Tools (Text-to-Speech, Speech-to-Text, OCR, Dyslexia Support) (EDAFAKAA)

Keywords

• AI transcription services
• Speech recognition platform
• Captioning services
• Legal deposition intelligence
• Accessibility compliance software

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Subscription Plans: Monthly and annual subscription plans providing recurring revenue. Tiers such as Standard plan at $24/month and Campus Complete for educational institutions offer structured recurring revenue with tiered feature access.
2. Usage-Based Billing: Usage-based pricing for transcription and captioning services, particularly for post-production workflows in media and market research, where customers pay per hour or minute of content processed.
3. Professional Services: Custom professional services engagements for legal deposition simulators (DepoSim AI), enterprise integrations, and specialized workflow deployments for legal and media clients.

Pricing tiers

Go-to-market motion3 records

Distribution channels2 records

Marketing channels4 records

Core offering

Verbit is an AI-powered verbal intelligence platform that delivers automated transcription, captioning, translation, AI dubbing, audio description, and notetaking services built on its proprietary Captivate™ ASR engine combined with human verification. The platform serves law firms, courts, universities, broadcasters, media producers, corporations, and government agencies with vertical-specific products including Legal Visor, Legal Capture, Campus Complete, and Verbit Dub, supporting 28+ languages and real-time plus post-production workflows.

Product overview

Verbit offers a comprehensive voice AI platform combining AI-powered transcription, captioning, translation, audio description, and dubbing services. The platform operates on a unified architecture with Captivate™ ASR as the core speech recognition engine powering all services. The product portfolio includes: Captivate™ (core ASR engine for real-time and post-production), Captivate™ Post and Post Plus (post-production captioning), Legal Visor (real-time deposition intelligence), Legal Capture (legal transcription), Campus Complete (higher education accessibility subscription), Verbit Dub (AI dubbing suite), and Gen.V™ (generative AI for transcript insights). Additional services span captioning, transcription, audio description, note taking, and translation. The company also maintains acquired brands including VITAC (rebranded 2025), U.S. Captioning (2022), and Take Note (2022) for market expansion.

Differentiator

Problem solved

Functional benefit

Brands

• VITAC: Closed captioning services for broadcasters, now operating under Verbit brand.
• Take Note
• Captivate
• Legal Visor
• Captivate Post
• Verbit Dub
• Verbit Mobile
• Campus Complete
• Legal Capture
• Gen.V

Products and services

• Captivate™

Quantifiable outcome

• Up to 99% transcription accuracy
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

AI capability17 records

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• AltaClarocoreTechnology or Integration · 18 February 2026Integration partnership for DepoSim AI, an AI-powered deposition simulator. The partnership combines AltaClaro's legal training platform with Verbit's AI deposition simulation technology, providing law students and attorneys with realistic deposition practice environments.
• Banijay RightscoreStrategic or Co-development Partner · 20 October 2025Dubbing and localization partnership enabling Banijay Rights to leverage Verbit's AI-powered transcription and dubbing capabilities for international content distribution. Verbit provides multilingual dubbing services for Banijay Rights' extensive content library, including production such as Hell's Kitchen.
• DeepdubcoreStrategic or Co-development Partner · 8 September 2025Multilingual dubbing partnership combining Verbit's transcription and captioning capabilities with Deepdub's AI dubbing technology to deliver end-to-end localization solutions for media companies, broadcasters, and content producers.

Scale indicators4 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Rev.com: Rev is a direct competitor offering AI- and human-powered transcription, captioning, and translation services with similar hybrid AI+human verification model. Both serve legal, media, education, and enterprise customers with per-minute usage pricing and subscription tiers.
• Otter.ai: Otter.ai provides AI meeting transcription and captioning, directly competing with Verbit's Enterprise Capture and Zoom/Teams integrations. Both target enterprise meeting intelligence workflows with generative AI summaries and integrations into major conferencing platforms.
• 3Play Media: 3Play Media is a direct competitor in closed captioning, transcription, and audio description for media, education, and enterprise — the same verticals Verbit serves. Both offer hybrid AI+human workflows and accessibility compliance positioning (ADA, WCAG).
• Trint: Trint provides AI transcription and captioning targeted at journalists, media producers, and content teams, directly overlapping Verbit's media and post-production workflows. Both combine ASR with collaborative editing and export to broadcast subtitling formats.
• Deepgram: Deepgram is an AI speech recognition platform competing with Verbit's Captivate™ ASR engine. Both target enterprise developers and integrators with customizable speech-to-text APIs for legal, media, and contact center use cases.
• Sonix: Sonix offers automated transcription, translation, and subtitling for media, research, and legal professionals — overlapping Verbit's core transcription and translation services with similar per-minute pricing and AI + human review options.
• Speechmatics: Speechmatics is a speech recognition technology provider competing with Verbit's Captivate™ ASR engine, especially for multilingual and enterprise transcription. Both emphasize high accuracy, custom vocabulary, and broad language support.

Emerging players

• Fireflies.ai: Fireflies.ai provides AI meeting transcription and conversation intelligence, overlapping with Verbit's Enterprise Capture and Otter.ai competitors. Primarily focused on sales and meeting use cases rather than legal/media verticals.

Broad incumbents

• Microsoft (Azure AI Speech): Microsoft Azure AI Speech offers enterprise-grade speech-to-text, text-to-speech, and speech translation as part of its broader cloud AI platform — directly competing with Verbit's Captivate™ and translation services while leveraging deep Teams and enterprise software integration.
• Google Cloud Speech-to-Text: Google Cloud Speech-to-Text is a broad incumbent speech recognition API that competes with Verbit's Captivate™ across media, education, and enterprise. Google leverages massive training data, multilingual models, and bundling with Workspace and cloud services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/verbit_
• Facebookfacebook.com/verbit.inc
• LinkedInlinkedin.com/company/verbit

Compliance21 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds9 records

Investors30 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Verbit