Deepgram
About Deepgram
Deepgram is a AI Infrastructure startup based in San Francisco, United States that has raised $130M in venture capital across 1 funding round since 2015. The company reached Series C stage in January 2026 with a $130M round led by AVP at a $1.3B valuation. Deepgram's investor base includes 13 institutional funds, with AVP leading the most recent equity round.
Deepgram is the AI infrastructure platform powering the Voice AI economy, offering enterprise-grade speech-to-text (STT), text-to-speech (TTS), voice agent, and audio intelligence APIs. Founded in 2015 by former University of Michigan physicists Scott Stephenson, Adam Sypniewski, and Noah Shutty, Deepgram built its platform using end-to-end deep learning trained to natively understand turn-taking, handle interruptions, and carry conversational context—enabling production-quality voice AI applications at scale. The company serves 200,000+ developers and 1,400+ organizations globally, having processed more than 50,000 years of audio and transcribed over one trillion words. Deepgram supports flexible deployment models including cloud, virtual private cloud, self-hosted, and on-premises, with multilingual capabilities spanning English, Mandarin, Malay, Tamil, Japanese, Hindi, Thai, Cantonese, and various Indic languages. The company has reported a 96% year-over-year increase in APAC API requests, operating across 20+ regional markets.
Deepgram Funding Rounds Timeline
1 rounds · $130M raised · since 2015
| Round | Date | Amount | Valuation | Lead investor | Co-investors |
|---|---|---|---|---|---|
| Series C | January 2026 | $130M | $1.3B | AVP | Alkeon, In-Q-Tel, Madrona, Wing, Y Combinator, BlackRock, Alumni Ventures, Princeville Capital, Twilio, ServiceNow Ventures, Citi Ventures, EDBI |
Investors in Deepgram
13 institutional investors across 1 rounds
Lead investors
Co-investors
Recent news about Deepgram
Questions about Deepgram
How much has Deepgram raised?
Deepgram has raised $130M across 1 funding round since 2015.
Who are the investors of Deepgram?
Deepgram's investors include AVP, Alkeon, In-Q-Tel, Madrona, Wing, Y Combinator, BlackRock, Alumni Ventures, Princeville Capital, Twilio, ServiceNow Ventures, Citi Ventures, EDBI.
When was Deepgram's last funding round?
Deepgram's most recent round was a $130M Series C in January 2026, led by AVP.
What is Deepgram's valuation?
Deepgram reached a $1.3B valuation (unicorn status) with its Series C round in January 2026.
Where is Deepgram headquartered?
Deepgram is headquartered in San Francisco, United States, and was founded in 2015 by Scott Stephenson, Adam Sypniewski, Noah Shutty.