Verbit was founded in 2017 by Tom Livne. The company has discussed plans to go public through an IPO, though remains private as of June 2023.

Verbit is the developer of AI-powered transcription and captioning software. The company, based in New York and Tel Aviv, has pursued an acquisition plan in the hopes of consolidating the transcription industry. Verbit has acquired Take Note, VITAC, and Automatic Sync Technologies. The company has raised more than $550 million in venture capital funding from investors including Third Point Ventures, Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung Next, and TCP. As of November 2021, the company announced a valuation of more than $2 billion following a $250 million Series E fundraising round.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in Verbit pre-IPO?

Verbit is a privately held company and is not publicly traded, therefore investing in Verbit pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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Can you sell shares of Verbit before it goes public?

You can seek to sell your shares in Verbit while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
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What is the pre-IPO value of my Verbit shares?

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Is Verbit a publicly traded company?

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Will Verbit go IPO?

Verbit has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
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What is Verbit’s IPO price?

The Verbit IPO price does not exist at this time, as Verbit is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Verbit register for Forge Markets, today.
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When was Verbit founded?

Verbit was founded in 2017.
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What is Verbit funding to date?

Verbit has raised $365.1MM to date.

Who are Verbit’s major investors?

Sapphire Ventures
Vertex Ventures
Stripes
HV Capital
Viola Ventures

Verbit Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/23/2021 Series E-2 $3MM $xx.xx $2B Third Point Ventures, Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung Next, TCP
Price per Share
$xx.xx
Shares Outstanding
206,120
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Third Point Ventures, Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung Next, TCP
11/23/2021 Series E-1 $155MM $xx.xx $2B Third Point Ventures, Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung Next, TCP
Price per Share
$xx.xx
Shares Outstanding
10,650,340
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Third Point Ventures, Sapphire Ventures, More Capital, Disruptive AI, Vertex Growth, 40North, Samsung Next, TCP
06/08/2021 Series D $120MM $xx.xx $1.07B Sapphire Ventures, Third Point, More Capital, Omer Cygler, Azura, ICON Fund, Stripes, Vertex Ventures, Vertex Growth, HV Capital, Oryzn Capital, Viola Ventures, Clal-Tech
Price per Share
$xx.xx
Shares Outstanding
14,355,560
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sapphire Ventures, Third Point, More Capital, Omer Cygler, Azura, ICON Fund, Stripes, Vertex Ventures, Vertex Growth, HV Capital, Oryzn Capital, Viola Ventures, Clal-Tech
11/19/2020 Series C $40MM $xx.xx $289.99MM Sapphire Ventures, Vertex Ventures, Stripes, HV Ventures, Clal-Tech, Vertex Growth
Price per Share
$xx.xx
Shares Outstanding
14,052,720
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Sapphire Ventures, Vertex Ventures, Stripes, HV Ventures, Clal-Tech, Vertex Growth
01/15/2020 Series B-1 $24,997 $xx.xx $124.42MM Stripes, Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Clal-Tech
Price per Share
$xx.xx
Shares Outstanding
21,420
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Stripes, Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Clal-Tech
01/15/2020 Series B $21.5MM $xx.xx $124.42MM Stripes, Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Clal-Tech
Price per Share
$xx.xx
Shares Outstanding
14,728,340
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Stripes, Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Clal-Tech
01/30/2019 Series A-1 $50,000 $xx.xx $64.27MM Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners, Clal-Tech
Price per Share
$xx.xx
Shares Outstanding
63,980
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners, Clal-Tech
01/30/2019 Series A $15.18MM $xx.xx $64.27MM Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners, Clal-Tech
Price per Share
$xx.xx
Shares Outstanding
16,504,200
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital, Vintage Venture Partners, Clal-Tech
03/29/2018 Series Seed-7 $299,934 $xx.xx $29.72MM HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Price per Share
$xx.xx
Shares Outstanding
1,408,140
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
03/29/2018 Series Seed-6 $3.5MM $xx.xx $29.72MM HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Price per Share
$xx.xx
Shares Outstanding
6,795,260
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
03/29/2018 Series Seed-5 $2.25MM $xx.xx $29.72MM HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Price per Share
$xx.xx
Shares Outstanding
8,321,160
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
03/29/2018 Series Seed-4 $197,815 $xx.xx $29.72MM HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Price per Share
$xx.xx
Shares Outstanding
409,640
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
03/29/2018 Series Seed-3 $100,012 $xx.xx $29.72MM HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Price per Share
$xx.xx
Shares Outstanding
440,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
03/29/2018 Series Seed-2 $400,047 $xx.xx $29.72MM HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Price per Share
$xx.xx
Shares Outstanding
2,378,400
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
03/29/2018 Series Seed-1 $3.6MM $xx.xx $29.72MM HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Price per Share
$xx.xx
Shares Outstanding
5,591,520
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
HV Holtzbrinck Ventures, Vertex Ventures, Oryzn Capital
Updated on: Nov 3, 2024

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