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Verbit.Ai

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Verbit Company Research Report



Company Overview


  • Name: Verbit.ai

  • Mission of the company: Words fuel meaningful connections and actions. Verbit's voice AI applications are built to adapt to each business and put their words to work.

  • Founded: No information available

  • Founders: No information available

  • Key People in the Company:

  • Yair Amsterdam, CEO

  • Former President of Verbit

  • Proven track record of leading SaaS and software companies

  • Sagi Rothman, CFO

  • Experienced in analytics, entrepreneurship, venture capital, and management

  • Jim Holmes, CRO

  • Former SVP, Global Sales & Marketing at Clarivate

  • Barak Rozenblat, COO

  • Oversees Delivery, Customer Support, IT, Security, and Professional Services

  • Dikla Edlis, CHRO

  • Over 20 years of global HR leadership experience

  • JP Son, CLO

  • Responsible for global legal affairs, including regulatory compliance, privacy, and intellectual property

  • Simon Rapoport, CTO

  • Over two decades of experience in technology leadership and innovation

  • Headquartered: 169 Madison Ave #2316 New York, NY 10016

  • Number of Employees: No information available

  • Revenue: No information available

  • What the company is known for: Verbit is known for being the global leader in transcription and captioning technology, providing accessible, compliant meetings, events, educational content, legal proceedings, and media production.


Products


Main Product Offerings:


1. Live Captioning & Transcription
  • High-level description: Provides real-time captions and transcription services, delivering immediate access for live events and meetings.

  • Key Features: Professional-grade accuracy, integration with platforms like Zoom and Teams, 24/7 support.


2. Video & Audio Transcription Services
  • High-level description: Accurate, searchable transcripts of meetings, events, and recorded videos.

  • Key Features: Multiple file format support, professional-grade accuracy, seamless integrations with popular platforms.


3. Closed Captioning
  • High-level description: Adds open and closed captions to videos to make them more accessible.

  • Key Features: ADA and WCAG compliance, professional-grade accuracy, integration with video platforms.


4. Audio Description
  • High-level description: Provides clear and concise descriptions of visual content for individuals who are blind or have low vision.

  • Key Features: Accurate audio descriptions, ADA and WCAG standards compliance, detailed event capturing.


5. Translation Services
  • High-level description: Translates audio and video content to reach global audiences.

  • Key Features: Human translators, multiple language support, integrated transcription and captioning tools.


Recent Developments


New Products Launched:


1. Legal Real-Time
  • Description: A platform designed for real-time transcription of legal proceedings, combining advanced AI with professional expertise.

  • Features: Cloud-based secure platform, accurate and scalable legal proceedings transcription.


New Features Added:


1. Captivate™:
  • Description: Proprietary automatic speech recognition technology, customizable for each customer’s specific needs.

  • Features: Domain-specific training, real-time updates, dynamic domain dictionary.


2. Gen.V™:
  • Description: Generative AI technology that provides insights on transcripts.

  • Features: Informative summaries, quizzes, chaptering, and suggested headlines and keywords.


New Partnerships:


1. VITAC and ENCO Partnership
  • Description: Strategic partnership to expand caption encoding and delivery options for broadcasters.

  • Impact: Enhances the suite of captioning tools available to broadcasters, improving service offerings and compliance.


Conclusion


Verbit continues to innovate and expand its product offerings in transcription, captioning, and accessibility solutions. The company’s recent advancements, such as Legal Real-Time and partnerships like that with ENCO, reflect its commitment to improving accuracy and service in speech-to-text technology. Verbit's strategic focus on expanding features and forming synergistic partnerships positions it well for future growth and market leadership.