Deepgram Raises $35M Series C Funding

Deepgram has raised $35.0 million in new investment capital, the company announced today.

This funding round provides significant resources for the Enterprise Voice AI platform, which is designed for developers building voice-first products.

Deepgram offers a comprehensive suite of voice AI tools, including speech-to-text, text-to-speech, and speech-to-speech APIs.

Its voice-native foundational models are utilized by over 200,000 developers to process live-streaming or pre-recorded audio with high accuracy, convert text into natural-sounding AI voices for enterprise use cases, and build voice agents with a unified API.

The platform also supports accurate transcription in over 36 languages, custom model training, and deployment flexibility on-premise or via Deepgram’s managed cloud.

This capital infusion is intended to accelerate Deepgram's product development roadmap and expand its operational capabilities.

The company plans to invest in further enhancing its core AI models and platform features, ensuring developers have access to cutting-edge tools for building sophisticated voice applications.

The funding also supports strategic initiatives aimed at broadening Deepgram's market reach and strengthening its position within the competitive voice AI sector.

The securing of this investment underscores the continued demand for advanced voice AI solutions in the enterprise space and reflects confidence in Deepgram's technology and its developer-centric approach.

Deepgram is focused on empowering developers to create innovative voice experiences across various industries.

The company looks forward to leveraging this funding to drive substantial growth and continue its mission of enabling the next generation of voice-first products.