Verbit

Verbit

Real-time transcription and captioning SaaS

Overview

Verbit provides real-time transcription and captioning services for online meetings, with its Live Room product designed to integrate with Zoom. This SaaS solution creates interactive, live transcripts and captions during classes and meetings to ensure accessibility for participants with disabilities, supporting ADA compliance. By focusing on educational institutions and professional organizations, Verbit helps make online content and discussions accessible and searchable, while charging subscription fees for ongoing access and support. Compared with competitors, Verbit emphasizes tight Zoom integration, real-time accuracy, and a target market of schools and professional bodies that require compliant accessibility. The company’s goal is to improve accessibility and engagement in online communication by delivering reliable, scalable transcription and captioning as a service.

About Verbit

Simplify's Rating
Why Verbit is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Education

Company Size

1,001-5,000

Company Stage

Series E

Total Funding

$432.1M

Headquarters

New York City, New York

Founded

2016

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Simplify's Take

What believers are saying

  • September 2026 Civic Complete targets 2027-2028 ADA Title II deadlines with urgent demand.
  • January 2026 AI Audio Description and March 2026 Captivate Post broaden cross-sell into compliance.
  • Six-firm DepoSim pilots and August 2026 eSteno launch validate legal expansion and workflow stickiness.

What critics are saying

  • Four layoffs since 2022, including 22 cuts in September 2025, signal margin pressure.
  • No new priced funding since November 2021 leaves Verbit exposed if growth stalls.
  • AI captioning rivals and platform-native tools compress pricing, especially in media and education.

What makes Verbit unique

  • Verbit combines AI transcription with human review across legal, media, education, and government.
  • Civic Complete packages captioning, audio description, translation, and records workflows for ADA Title II.
  • eSteno partnership expands Legal Capture into Spanish and Portuguese courts across Latin America.

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Funding

Total Funding

$432.1M

Above

Industry Average

Funded Over

7 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
$245M
Stripe
$250M
Reddit
$1.3B
Epic Games
$1.5B
Airbnb

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
Today in New York
Sep 16th, 2026
Verbit launches Civic Complete to help government agencies meet ADA Title II accessibility requirements.

Verbit launches Civic Complete to help government agencies meet ADA Title II accessibility requirements. New solution brings captioning, audio description, translation, and public-record services together in a flexible offering scoped to each agency's needs. Government agencies are being asked to make substantially more content accessible, often with the same teams and resources they have today. Civic Complete was built to close that gap." - Nick Ruiz, Senior Product Manager for AI at Verbit NEW YORK, NY, UNITED STATES, September 16, 2026 / EINPresswire.com / - Verbit, a leading voice intelligence platform trusted by federal, state and local government agencies, today announced the launch of Civic Complete, a new solution designed to help government entities prepare for ADA Title II digital accessibility requirements at scale. As compliance deadlines approach, state and local governments are working to make both ongoing and historical digital content accessible, including public meetings, recorded video, livestreams and other digital communications. For many agencies, the challenge is not simply identifying what needs to be done, but addressing the volume of content without adding significant staff or introducing new, disconnected workflows. "Government agencies are being asked to make substantially more content accessible, often with the same teams and resources they have today," said Nick Ruiz, Senior Product Manager for AI at Verbit. "Civic Complete was built to close that gap by combining AI-powered scale with the flexibility and human expertise government workflows sometimes require. Agencies can start quickly, address their highest priorities and expand from there." The ADA Title II Compliance Deadline Is Closing In Government agencies are preparing their digital content and services for new accessibility requirements on a fixed timeline. The Department of Justice's ADA Title II rule requires covered state and local government web content and mobile applications to conform to WCAG 2.1 Level AA, with an April 26, 2027 deadline for public entities serving 50,000 or more residents and an April 26, 2028 deadline for smaller entities and special district governments. That can encompass a wide range of digital content, including public meetings, livestreams, prerecorded video and audio, and other information agencies make available online. "Government agencies don't need another rigid software package bolted onto their meetings and records," said Jim Holmes, Chief Revenue Officer at Verbit. "Every agency has a different mandate, starting point, and set of workflows. They need a partner that can understand those requirements and scope the right combination of services around them. That's what Civic Complete is designed to do, while fitting into how an agency already operates rather than asking the agency to change the way it works." Civic Complete Brings Government Accessibility Services Together Civic Complete provides packages tailored to what each agency needs today, with the flexibility to add services as requirements and priorities evolve: - Real-time and recorded captioning for meetings, hearings, livestreams, and archived video, with professional human captioners available when meetings or content require them - Audio description to make important visual information in video accessible to people who are blind or have low vision, with AI-powered and professional human options - AI-powered translation for video, captions, and documents to help agencies communicate with multilingual communities - Public-record capture and transcription, including live capture, meeting summaries, and certified transcript options - Integrations with broadcast, conferencing, and streaming platforms already used by government agencies Rather than requiring agencies to purchase and manage separate tools for each need, Civic Complete brings these capabilities together through one partner and allows agencies to scope the offering around their priorities. From city council meetings and court proceedings to legislative sessions, public hearings, archived video and multilingual communications, Civic Complete is designed to support a broad range of government accessibility and language-access use cases. "Civic Complete isn't about asking an agency to solve everything at once," Holmes added. "It gives agencies a practical way to assess where they are, prioritize the content that matters most, and build a path toward accessibility at scale." Civic Complete is available now to city and county governments, state agencies, courts, transit authorities, special districts, and other public-sector organizations. Explore Civic Complete or book a demo with Verbit's government team to discuss your agency's accessibility needs and compliance roadmap. About Verbit Verbit is a global leader in AI-powered accessibility, captioning, transcription, translation, and dubbing solutions for government, legal, media, education, and corporate organizations. Verbit combines proprietary AI technology, flexible workflows, and professional human expertise to help organizations make spoken and visual content more accessible at scale. Verbit works with government agencies and educational institutions preparing for ADA Title II accessibility requirements through solutions including Civic Complete for government and Campus Complete for higher education. For more information, visit verbit.ai. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Today in New York do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Today in New York
Aug 6th, 2026
Verbit and eSteno modernize court records Across Latin America with ai-assisted Legal Capture(TM).

Verbit and eSteno modernize court records Across Latin America with ai-assisted Legal Capture(TM). Partnership offers AI-powered, expert-supervised real-time legal transcription in Spanish and Portuguese to modernize court records amid rising caseloads Today in New York is bringing judicial systems a solution that delivers real-time access to accurate legal records in Spanish and Portuguese while respecting the unique practices of each jurisdiction." - David Israel, VP, Business Development & Operations, eSteno NEW YORK, NY, UNITED STATES, August 6, 2026 / EINPresswire.com / - Verbit, a leading voice AI platform trusted by 3,000+ businesses and institutions, today announced a partnership with eSteno Media Services. The partnership brings Legal Capture(TM), part of Verbit's courtroom transcription suite, to courts and judicial systems across Central and South America. eSteno will lead the regional deployment, implementation, sales, and customer support of Legal Capture for courts, arbitration centers, and legal organizations throughout Mexico, Central and South America. As judicial systems across South America continue to modernize case records and manage rising caseloads, Verbit and eSteno see potential across the region's growing arbitration caseloads and high-volume courts, where faster, more reliable transcripts can expand access to justice. eSteno brings more than two decades of experience providing real-time reporting, captioning, transcription, translation, and legal language services throughout Latin America, supporting major arbitration centers, courts, broadcasters, multinational corporations, and government institutions throughout Latin America. The partnership expands Verbit's international legal technology footprint and Legal Capture solution, combining its AI platform with eSteno's established regional implementation and support capabilities. It reflects the growing demand for AI-powered legal technology across judicial systems to help courts and arbitration institutions modernize proceedings and builds on Verbit's successful deployments in other global markets. Real-Time Legal Transcription Designed for the Needs of Courts Across Latin America Legal Capture pairs Verbit's legal-trained AI transcription engine, Captivate(TM), with expert human review to deliver accurate, searchable transcripts of legal proceedings in real time or from recordings. Key benefits of Legal Capture include: - Faster access to accurate, searchable transcripts that ease backlogs and speed up review - Support for in-person, remote, and hybrid hearings - Built-in editing tools, including transcript editing and paragraph merging - Speaker identification, readback, and exhibit marking - Court-admissible transcripts with encryption and access controls to protect sensitive legal content For the Central and South America launch, Legal Capture will support Spanish and Portuguese dialects, legal terminology, and courtroom speech patterns, so courts receive transcripts that reflect how their proceedings actually sound. "eSteno is the right partner for this launch because of its trusted reputation and deep relationships with courts and legal professionals across South America," said Nafeesah Pierkhan, VP, Legal Services at Verbit. "This partnership represents another important step in expanding Legal Capture internationally, allowing us to bring our AI-powered legal technology to more courts while working with a partner that understands the unique needs of local judicial systems. Together, we're helping courts modernize legal proceedings with faster, more accessible, and highly accurate transcripts that improve efficiency and access to justice." Legal Capture Use Cases: Arbitration Hearings and Courtroom Backlogs - High-volume arbitration centers that need fast, accurate transcripts to keep proceedings moving without sacrificing precision - Judicial systems managing rising caseloads, where AI-assisted transcription helps courts take on more volume - Courts modernizing case records, giving judges, clerks, and attorneys searchable, time-stamped transcripts they can trust for hearings, appeals, and archives eSteno's Regional Reach Meets Verbit's Leading Legal AI Together, Verbit and eSteno are committed to helping courts and arbitration centers throughout Central and South America modernize proceedings through AI-powered transcription supported by experienced legal professionals. "Courts and arbitration centers throughout our region are looking for practical ways to modernize without sacrificing accuracy or trust," said David Israel, VP, Business Development & Operations at eSteno. "By combining Verbit's Legal Capture platform with eSteno's regional expertise and experienced legal language professionals, we're bringing judicial systems a solution that delivers real-time access to accurate legal records in Spanish and Portuguese while respecting the unique practices of each jurisdiction." To learn more about Legal Capture(TM) for Latin America or to schedule a demonstration, visit its site here. About Verbit Verbit is a leading voice AI platform trusted by 3,000+ businesses and institutions, including courts, court reporting agencies, law firms, and government legal departments worldwide. Verbit's legal technology suite, including Legal Capture(TM) and Legal Visor, pairs its legal-trained Captivate(TM) speech recognition engine with expert human review to help judicial systems and legal teams capture, transcribe, and act on legal proceedings with speed, security, and precision. Verbit also offers transcription, captioning, audio description, translation, and dubbing solutions. About eSteno eSteno provides real-time reporting, transcription, translation, captioning, and legal language services for courts, arbitration centers, broadcasters, governments, and multinational organizations throughout Latin America. Through its partnership with Verbit, eSteno delivers Legal Capture(TM), combining AI-powered transcription with expert human oversight to produce accurate, real-time legal records in Spanish and Portuguese. Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. Today in New York do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Associated Press
Jul 15th, 2026
Verbit launches Captivate Post Plus, blending AI-powered captioning with human review for media distribution

Verbit has launched Captivate Post Plus, a post-production captioning solution combining AI-generated captions with professional human review. The platform addresses a key industry challenge: AI captions requiring refinement before meeting distributor quality standards. The solution uses Verbit's Captivate speech recognition technology alongside targeted human review to deliver distribution-ready captions faster and more cost-effectively than traditional workflows. Features include human-reviewed caption placement, offscreen speaker identification, and access to a self-service editor. Captivate Post Plus is designed for broadcasters, streaming platforms, and FAST channel operators managing increasing content volumes. It aims to reduce compliance risks and platform rejections whilst maintaining production speed. The platform expands Verbit's post-production portfolio, allowing customers to choose between fully automated AI captioning and human-reviewed options. Verbit serves more than 3,000 organisations worldwide across media, legal, education, and government sectors.

Israel.com
Jun 21st, 2026
AI deposition simulator lets lawyers train against virtual witnesses.

AI deposition simulator lets lawyers train against virtual witnesses. Israeli company Verbit and US-based legal training platform AltaClaro have launched DepoSim, an AI system designed to simulate courtroom... Jerusalem, 21 June, 2026 (TPS-IL) - Israeli company Verbit and US-based legal training platform AltaClaro have launched DepoSim, an AI system designed to simulate courtroom depositions for attorney training in the United States. The platform uses multiple AI agents to act as witnesses, opposing counsel and court reporters, allowing lawyers to rehearse challenging scenarios and receive automated performance feedback after each session. Developers say the system enables repeated practice against different behavioral styles, including hostile or evasive witnesses, and mirrors real-world deposition dynamics. In pilot use at six US law firms, most participants reported it improved litigation training and said they would use it again.

ABA Journal
May 7th, 2026
Lawyers at Perkins Coie in London work with AI avatars to boost soft skills.

Lawyers at Perkins Coie in London work with AI avatars to boost soft skills. May 7, 2026, 9:58 am CDT Perkins Coie is using generative artificial intelligence to train its lawyers on soft skills. (Illustration from Shutterstock) Perkins Coie is using generative artificial intelligence to train its lawyers on soft skills. The law firm's London office is partnering with AI training platform Levra, which works across industries to provide professionals with avatars that can simulate scenarios related to emotional and social intelligence, according to a story from Law.com. In beta testing the new training program, the office aims to help its lawyers improve their networking, collaboration, conflict resolution and delegation skills. "We're working with [Levra] in order to create a training pathway across core skills that allows our talent to practice, learn, practice outside of client situations, so that when they're in client situations and when they're in difficult internal situations, they are prepared, they've seen it before, they understand how best to communicate," Ian Bagshaw, the managing partner of Perkins Coie's London office, told Law.com. Bagshaw also told Law.com that the AI training program provides an ideal environment for lawyers to make mistakes and learn from them. "The use of technology creates an absolute safe space for people to experiment in these modules and that safe space," he said. "It's very hard to recreate it in any human coaching environment. One of the unexpected outcomes is people enjoy Levra because they feel totally confident that what's between them and the avatar stays between them." Law.com reports that legal tech companies increasingly are providing simulation training tools for lawyers. This includes legal training provider AltaClaro and legal transcription provider Verbit, which launched an AI-powered deposition simulator in February. Discover more Legal Tech Solutions Court Case Summaries Legal Writing Course

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