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
C+
Rated C 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

  • Captivate Post Plus launched July 15, 2026, adding human-reviewed distribution-ready captions for media.
  • August 6, 2026 eSteno partnership expands Legal Capture into court systems across Latin America.
  • January 14, 2026 AI Audio Description targets ADA Title II deadlines across education and government.

What critics are saying

  • Verbit laid off dozens in March 2024, signaling ongoing cost pressure after Yair Amsterdam's takeover.
  • AI captioning commoditizes fast; competitors bundle transcription inside Zoom, media, and legal platforms.
  • Dependence on human review keeps margins thin, and automation threatens that services-heavy model.

What makes Verbit unique

  • Verbit pairs Captivate with human review for courts, media, and accessibility workflows.
  • Legal Capture targets Spanish and Portuguese court transcription across Latin America with eSteno.
  • DepoSim turns Verbit’s transcription stack into AI deposition training for law firms.

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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

-1%

2 year growth

0%
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

Associated Press
Mar 31st, 2026
Verbit launches Captivate Post to streamline media captioning with AI-powered post-production solution

Verbit, a global voice AI and media captioning provider, has launched Captivate Post, a new AI-powered captioning solution for post-production workflows. The platform extends Verbit's live captioning technology to handle high volumes of recorded content for streaming platforms, FAST channels and digital publishers. Captivate Post combines AI transcription with automated caption placement, alignment and segmentation. It detects music, over 40 atmospheric sounds and automatically identifies commercial breaks. The solution includes a studio-grade caption editor and supports scalable processing for large content libraries. The platform addresses growing demand for accessible content as media organisations face increasing content volumes and distribution requirements. Captivate Post is now available and complements Verbit's existing media solutions including transcription, audio description, localisation and AI dubbing.

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