Accel, a global venture capital firm, led a $50m Series C round in AssemblyAI, a Speech AI company, with participation from Keith Block and Smith Point Capital, Insight Partners, Daniel Gross and Nat Friedman, and Y Combinator. This brings AssemblyAI’s total funds raised to $115m — 90% of which we’ve raised in the last 22 months, as organizations across virtually every industry have raced to embed Speech AI capabilities into their products, systems, and workflows.