Speechmatics provides automatic speech recognition (ASR) technology that converts spoken language into text. It offers a platform-as-a-service (PaaS) with an API, enabling developers and businesses to embed real-time or batch transcription into their apps and workflows. Deployment options include cloud, on-premises, and on-device to support different security needs. The models are trained on millions of hours of unlabeled audio to support many languages, dialects, and accents, including a Global English model that handles major English accents with a single backbone. Distinguishing features include speaker identification, automatic punctuation, translation, and products like Ursa and Flow. The company targets media, contact centers, enterprise communications, and healthcare, and uses a usage-based pricing model with tiers and custom enterprise licensing. Its goal is to make speech-to-text accessible and accurate for diverse voices across industries.
Company Size
51-200
Company Stage
Series B
Total Funding
$81.6M
Headquarters
Milton, United Kingdom
Founded
2009
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