Programme
Accelerate Alumni (Cohort 6)
Founded in
2006
Total funds raised
£56.7 million
Employees
101-250
Industry
Technology
Speechmatics provides cloud-based speech recognition services that convert speech-to-text. Thousands of hours of audio are created every minute (TV/radio/phone/meetings), information that is difficult to manage, as it is not easily searchable. This challenge is critical for companies that need to know what is happening in the world in real-time.
To address this challenge, Speechmatics has built the most efficient and accurate speech recognition system that converts speech-to-text thus making audio searchable and interpretable. This enables companies to find information contained within audio files quickly. The technology can also be used in archiving, transcription, dictation and many other applications.