Company Overview
About Verbit
Verbit is an Israeli-founded AI company that provides professional-grade transcription and captioning services at enterprise scale. Founded in 2017 and headquartered in Tel Aviv with major US operations, Verbit uses proprietary AI models trained on domain-specific audio data — legal proceedings, lectures, media broadcasts, corporate communications — to deliver high-accuracy transcription with significantly faster turnaround times than human-only alternatives. Its platform combines AI automation with a trained human reviewer network to achieve accuracy levels required for legal admissibility and accessibility compliance.
Business Model & Competitive Advantage
Verbit raised $250M in Series E funding in November 2021, bringing total funding to $600M. The round valued Verbit at $2B, making it a unicorn. As of 2025, Verbit serves more than 1,600 customers across education, media and entertainment, legal, corporate, and government sectors. Key use cases include live event captioning, video platform accessibility, court reporting support, law school lecture transcription, and deposition services. In 2025, Verbit launched AI Audio Description — a product helping organizations scale visual content accessibility for blind and low-vision audiences, addressing ADA Title II compliance requirements that expanded in 2025.
Competitive Landscape 2025–2026
Verbit also partnered with AltaClaro to build an AI-powered deposition simulator for legal training, piloted in fall 2025. Its Wowza integration — a cloud-based livestreaming captioning solution — enables real-time caption delivery for live video broadcasts. Verbit's headcount has been reduced during a broader AI transition as the company automates more of the review workflow, but it remains the dominant player in the professional transcription and captioning space. Competitors include Rev, 3Play Media, and emerging AI-only solutions from companies like AssemblyAI and Deepgram.
Key Differentiators
Market Leader
Verbit is recognized as a market leader in the Artificial Intelligence sector, demonstrating strong industry presence and customer trust.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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