Deepgram Raises $130 Million Series C

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fdeepgram&period;com&percnt;2F&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Deepgram&amp&semi;index&equals;1&amp&semi;md5&equals;9de2d7f5c2017975cfbbf9b426ca727c" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Deepgram<&sol;a>&comma; a Voice AI platform&comma; has raised &dollar;130 million in Series C funding at a &dollar;1&period;3 billion valuation&period; The round was led by <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Favpcap&period;com&percnt;2F&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;AVP&amp&semi;index&equals;2&amp&semi;md5&equals;f4949d35661694bbd17959feccb05659" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">AVP<&sol;a>&period;<&sol;p>&NewLine;<p>All major existing investors of Deepgram also joined the round&comma; including Alkeon&comma; In-Q-Tel&comma; Madrona&comma; Tiger&comma; Wing&comma; Y Combinator&comma; and funds and accounts managed by BlackRock&period; Several new investors&comma; including Alumni Ventures and Princeville Capital&comma; invested in the round&comma; in addition to industry leaders such as Twilio&comma; ServiceNow Ventures&comma; SAP&comma; and Citi Ventures&period; University of Michigan and Columbia University also invested&comma; joining other existing academic investors such as Stanford University&period;<&sol;p>&NewLine;<p>With this investment&comma; Deepgram is ideally positioned to deliver the real-time frontier Voice AI models and platform required to reliably power billions of live conversations with the naturalness&comma; latency&comma; and accuracy of human voice&period; AVP was selected as lead investor for its deep expertise scaling category-defining companies globally and its ability to support Deepgram’s international expansion&comma; including Europe and other key markets&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Much like Stripe delivered the API platform underpinning the payments economy&comma; we believe Deepgram is poised to deliver the API platform underpinning the emerging trillion-dollar B2B Voice AI economy&comma;” said <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Favpcap&period;com&percnt;2Favp&percnt;2Felizabeth-de-saint-aignan&percnt;2F&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Elizabeth&plus;de&plus;Saint-Aignan&percnt;2C&plus;General&plus;Partner&plus;at&plus;AVP&amp&semi;index&equals;3&amp&semi;md5&equals;1520a9f23f4fdf1aa7e5d0c60b65ede0" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Elizabeth de Saint-Aignan&comma; General Partner at AVP<&sol;a>&period; &OpenCurlyDoubleQuote;Deepgram’s success in building real-time&comma; reliable&comma; and massively scalable Voice AI infrastructure&comma; combined with the rapid shift toward voice-first B2B experiences&comma; positions the company to become one of the foundational AI companies of this decade&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;As we rapidly approach a world where billions of simultaneous conversations are powered by Voice AI&comma; enterprises and developers need real-time&comma; reliable infrastructure capable of fully duplex&comma; contextual conversations at scale – this is Deepgram&comma;” said Scott Stephenson&comma; CEO and Co-Founder of Deepgram&period; &OpenCurlyDoubleQuote;From pioneering end-to-end deep learning for voice&comma; to earning multiple patents for our research&comma; to our commitment to pass the Audio Turing Test at scale in 2026&comma; we’ve consistently executed on a single vision&colon; powering a future centered on the original human interface – voice&period;”<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We are pleased to welcome AVP and our new strategic investors&comma;” continued Stephenson&period; &OpenCurlyDoubleQuote;Together with our existing investors&comma; their conviction reflects the emergence of the Voice AI economy – and Deepgram’s role in powering it&period;”<b><&sol;b><&sol;p>&NewLine;<p>Today&comma; more than 1&comma;300 organizations build Voice AI functionality powered by Deepgram APIs&period; Deepgram APIs are a foundational infrastructure layer of a global set of offerings delivering real-time&comma; accurate&comma; and reliable speech understanding&comma; speech generation&comma; analytics&comma; orchestration&comma; and fully autonomous voice agents&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Voice is a critical&comma; strategic&comma; and data-rich customer engagement channel&comma;&&num;8221&semi; said Andy O&&num;8217&semi;Dower&comma; Vice President of Product Management for Voice and Video at Twilio&period; &&num;8220&semi;Twilio&&num;8217&semi;s flexible orchestration capabilities and global communications infrastructure&comma; combined with speech recognition powered by Deepgram APIs&comma; deliver seamless&comma; low-latency&comma; and human-like AI agent experiences that are powering today&&num;8217&semi;s Voice AI renaissance&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Deepgram’s offerings include&colon;<&sol;p>&NewLine;<ul class&equals;"bwlistdisc">&NewLine;<li><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fdeepgram&period;com&percnt;2Fproduct&percnt;2Ftext-to-speech&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Aura-2&amp&semi;index&equals;5&amp&semi;md5&equals;11543f21a4aded8416681445fa1425eb" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect"><b>Aura-2<&sol;b><&sol;a>&comma; the world’s most professional&comma; cost-effective&comma; and enterprise-grade text-to-speech model<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fdeepgram&period;com&percnt;2Fproduct&percnt;2Fspeech-to-text&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Nova-3&amp&semi;index&equals;6&amp&semi;md5&equals;7fad36a4ce325f2fe1e158921ed5f6e2" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect"><b>Nova-3<&sol;b><&sol;a>&comma; the world’s most accurate&comma; real-time and reliable speech-to-text model<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fflux&period;deepgram&period;com&percnt;2F&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Flux&amp&semi;index&equals;7&amp&semi;md5&equals;62e4d05f43f86f2c4687609b1c198aaa" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect"><b>Flux<&sol;b><&sol;a>&comma; the world’s first Conversational Speech Recognition model built specifically to solve the biggest problem in voice agents – interruptions<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fdeepgram&period;com&percnt;2Fproduct&percnt;2Fvoice-agent-api&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Voice&plus;Agent&plus;API&amp&semi;index&equals;8&amp&semi;md5&equals;e04617b392d8ae1e1f2f4b475b826fab" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect"><b>Voice Agent API<&sol;b><&sol;a>&comma; the world’s only enterprise-ready&comma; real-time&comma; and cost-effective conversational AI API<&sol;li>&NewLine;<li><a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fsaga&period;deepgram&period;com&percnt;2F&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Saga&amp&semi;index&equals;9&amp&semi;md5&equals;e912e1e6a4f6e2cde13a8059c31bf03b" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect"><b>Saga<&sol;b><&sol;a><b>&comma;<&sol;b> the Voice OS<&sol;li>&NewLine;<&sol;ul>&NewLine;<p>All Deepgram models can be customized to domain-specific terminology and acoustic environments and deployed as cloud APIs or through self-hosted and on-premises options&period; A full SDK library is available to simplify development and accelerate production timelines&period;<&sol;p>&NewLine;<p>Deepgram also announced the acquisition of <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;of&period;one&percnt;2F&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;OfOne&amp&semi;index&equals;11&amp&semi;md5&equals;17ae16a5652f23e97ebc02c73be66a8c" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">OfOne<&sol;a>&comma; an AI-native voice platform created for restaurants and the quick-service drive-thru market&period; OfOne has consistently delivered more than 95&percnt; containment&comma; with high employee satisfaction scores and strong operational impact for national QSR brands&period;<&sol;p>&NewLine;<p>The OfOne team has joined Deepgram&comma; and its technology now anchors <a href&equals;"https&colon;&sol;&sol;cts&period;businesswire&period;com&sol;ct&sol;CT&quest;id&equals;smartlink&amp&semi;url&equals;http&percnt;3A&percnt;2F&percnt;2Fdeepgram&period;com&percnt;2Fsolutions&percnt;2Frestaurants&amp&semi;esheet&equals;54394625&amp&semi;newsitemid&equals;20260113406092&amp&semi;lan&equals;en-US&amp&semi;anchor&equals;Deepgram&plus;for&plus;Restaurants&amp&semi;index&equals;12&amp&semi;md5&equals;3edf67dd75039883685cc38f1d29c392" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener" shape&equals;"rect">Deepgram for Restaurants<&sol;a>&comma; an offering built to help restaurants improve customer experience&comma; increase order accuracy&comma; and support overstretched staff with real-time AI assistance&period; Additional functionality and expanded integrations will be delivered in the coming months&period;<&sol;p>&NewLine;

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