Verbit IPO

verbit.ai

Verbit programs artificial and human intelligence to provide a smart transcription and captioning solution to help organizations maximize the potential of their audio and video files. This company was founded by Eric Shellef, Kobi Ben Tzvi and Tom Livne in 2017 and is headquartered in New York, NY. Verbit’s technology is built on adaptive algorithms that generate detailed speech-to-text files to provide high accuracy while being delivered at very fast speed.

Founded2017
Total Funding to Date$365.1MM
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Verbit Ticker Symbol

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Verbit Stock Price

The stock price for Verbit will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).

Major Investors for Verbit

Sapphire Ventures
HV Capital
Viola Ventures
Vertex Ventures
Stripes

Verbit Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
11/23/2021 Series E-1 and E-2 $2B $XXX.XX $XXX.XX
6/8/2021 Series D $1.07B $XXX.XX $XXX.XX
11/19/2020 Series C $289.99MM $XXX.XX $XXX.XX
1/15/2020 Series B and B-1 $124.42MM $XXX.XX $XXX.XX
1/30/2019 Series A and A-1 $64.27MM $XXX.XX $XXX.XX
3/29/2018 Series Seed-1, Seed-2, Seed-3, Seed-4, Seed-5, Seed-6, and Seed-7 $29.72MM $XXX.XX $XXX.XX
Based on primary financings
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