Speechmatics
Everything you need to know about Speechmatics — from their $90.6M in funding to who's backing them.
Awaira Score
Out of 100
HQ
United Kingdom
Founded
2006
Raised
$90.6M
Stage
Series C
Team
100-500
About Speechmatics
Speechmatics provides automatic speech recognition technology with a focus on accuracy, language coverage, and on-premises deployment flexibility. The Cambridge-based company offers transcription APIs supporting over 50 languages and dialects, built on a proprietary neural network architecture developed from academic research at Cambridge University. Its platform serves media companies, contact…
Key Facts
- Speechmatics has raised a total of $90.6M in disclosed funding across 4 funding rounds.
- Speechmatics was founded in 2006 by Tony Robinson and is headquartered in United Kingdom.
- Speechmatics employs approximately 100-500 people.
- Speechmatics operates in the AI Audio category and is currently at the Series C stage.
- Speechmatics has an Awaira Score of 58/100, ranking it among the tracked AI companies on Awaira.
- Speechmatics's most recent funding round was a Series C of $49.83M closed in June 2010.
Source: Awaira · Updated Mar 24, 2026
Valuation
N/A
Post-money
Total Raised
$90.6M
All rounds
Awaira Score
58/100
Founded
2006
100-500 employees
Strengths & Risks
Strengths
Large team of 100-500+ employees
Established market presence (founded 2006)
Late-stage with proven business model
Considerations
Valuation not publicly disclosed
Analysis based on publicly available data. Not investment advice.
Funding Velocity
4
Total Rounds
$22.65M
Avg Round Size
4.1yr
Funding Span
Speechmatics raised 4 rounds over 4.1 years, averaging $22.65M per round — a pace of roughly one round every 12 months.
Awaira estimate based on public data. Not financial advice.
How does Speechmatics stack up against competitors?
Competitor Comparison
| Metric | ★Speechmatics | ElevenLabs | PolyAI | Otter.ai |
|---|---|---|---|---|
| Awaira Score | 58/100 | 81/100 | 70/100 | 64/100 |
| Total Raised | $90.6M | $791M | $200M | $70M |
| Valuation | N/A | $11B | N/A | $300M |
| Stage | Series C | Series D | Series D | Series B |
| Founded | 2006 | 2022 | 2017 | 2016 |
| Employees | 100-500 | 200 | 100-500 | 150 |
| Country | 🇬🇧 | 🇺🇸 | 🇬🇧 | 🇺🇸 |
Funding Rounds
Inactive$49.83M
Jun 2010
$25.37M
Feb 2009
$10.87M
Oct 2007
$4.53M
Jun 2006
Speechmatics Latest News
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