tech
January 13, 2026
Deepgram raises $130M at $1.3B valuation and buys a YC AI startup
Deepgram is raising its Series C round at a $1.3 billion valuation.
TL;DR
- Deepgram raised $130 million in Series C funding at a $1.3 billion valuation.
- The funding round was led by AVP and included existing and new investors.
- The company plans to use the funds for global expansion, multilingual support, and the restaurant sector.
- Deepgram acquired Ofone, a voice AI solution for quick-service restaurants, aiming for over 93% accuracy in order taking.
- Voice AI is seeing increased usage in sales, marketing, customer support, and consumer applications.
- The voice AI market is projected to grow significantly, reaching $14-$20 billion by 2030.
- Deepgram's CEO stated the company was already cashflow positive but sought funding to accelerate growth.