Speech recognition platform Speechmatics raises €58.5M to understand every voice globally; here’s how

Funding Rounds

Summary

Cambridge-based Speechmatics, a speech recognition technology scale-up, announced on Tuesday that it has raised $62M (approximately €58.59M) in a Series B round of funding. The round was led by Susquehanna Growth Equity with participation from existing investors AlbionVC and IQ Capital. As part of the deal, Jonathan Klahr, MD of Susquehanna Growth Equity, will join the Speechmatics board.

$ Funding

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Amount - Total raised
Date - Announcement date
Investors IQ Capital, Susquehanna Growth Equity (SGE), AlbionVC Lead investors
Company - Funded company

Classifications

industries
No industries detected
applications
Web and Content Management

AskAI Classifications

Labels
Speech Recognition Software Artificial Intelligence API Software

Linked Companies

Speechmatics
$1M to $5M