Speechmatics powers applications that require mission-critical, accurate speech recognition through its any-context speech recognition engine. Speechmatics’ speech recognition technology is used by enterprises in scenarios such as contact centers, CRM, consumer electronics, security, media & entertainment and software. Speechmatics processes millions of hour of transcription worldwide every month in over 30 languages.
Having pioneered machine learning voice engineering, Speechmatics is enabling companies to build applications that detect and transcribe voice in any context and in real-time. Its neural network architecture is able to account for acoustics, languages, dialects, multiple speakers, punctuation, capitalization, context and implicit meanings.
IQ Capital invested in Speechmatics at Seed stage in 2016 and followed through to Series A and Series B from the IQ Capital Growth Fund 1 in 2022, a round in which Speechmatics raised a $62 round.