Speechmatics, founded in 2006 and headquartered in the United Kingdom, is a vanguard in the field of AI and Big Data, specifically within speech technology. The company's expertise lies in unlocking business value from human speech by leveraging cutting-edge AI and Machine Learning advancements.
With the capability to accurately transcribe human speech into text in real time across more than 50 languages, Speechmatics eliminates barriers posed by demographics, accents, and dialects. The company's neural networks provide comprehensive processing that includes aspects like punctuation, capitalization, and context.
They handle an impressive volume of transcription, equating to over 300 years worth globally each month, enabling businesses to generate insightful summaries, translations, and sentiment analyses. Their notable investors include Future Fifty, who provided non-equity assistance in September 2022. Speechmatics has solidified its presence with offices in both Cambridge and New York, operating as a registered trademark.