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New Deal


Announced

Completed

Insight Partners led a $30m Series B round in AssemblyAI.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Digital Services

United States

Friendly

Domestic

Minority

Private

audio intelligence API

Private Equity

Venture Capital

Completed

Single Bidder

Synopsis

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Insight Partners, an American venture capital and private equity firm, led a $30m Series B round in AssemblyAI, a San Francisco, CA-based audio intelligence API provider, with participation from Accel and Y Combinator. The company intends to use the funds to build out its AI infrastructure to accelerate AI research, and grow its AI research team, which today include researchers from DeepMind, Google Brain, Meta AI, BMW, and Cisco.

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