verbit.aiEnterprise Software / Sales & Marketing / AdtechFounded: 2017Funding to Date: $365.1MM
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.
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
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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
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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
|
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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
|
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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
|
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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
|
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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
|