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Speechmatics: Raises $62M in Series B Funding

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Speechmatics Raises $62M in Series B Funding

  • Speechmatics, a Cambridge, UK – based speech recognition technology company, raised $62m in Series B funding
  • The round was led by Susquehanna Growth Equity with participation from existing investors AlbionVC and IQ Capital
  • In conjunction with the funding, Jonathan Klahr, Managing Director of Susquehanna Growth Equity will join the Speech matics board
  • The company leverages deep learning and speech recognition to provide an accurate and inclusive speech-to-text engine
  • Its aim is to understand every voice regardless of the speakers’ demographic, age, gender, accent, dialect, or location
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