Tech Company Financing Transactions
Verbit Funding Round
On 11/20/2020, Verbit secured $60 million in Series C funding from Sapphire Ventures, ClalTech and HV Holtzbrinck Ventures.
Transaction Overview
Company Name
Announced On
11/20/2020
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series C
Investors
Sapphire Ventures (Lead Investor)
HV Holtzbrinck Ventures (Jasper Masemann)
Vertex Ventures (Yanai Oron)
Proceeds Purpose
The company will use this latest investment round to further fuel its significant growth by continuing to innovate its data-driven product capabilities and by pursuing M&A opportunities.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
980 6th Ave.
New York, NY 10018
USA
New York, NY 10018
USA
Phone
Undisclosed
Website
Email Address
Overview
Verbit.ai is an end-to-end transcription and captioning solution that leverages Artificial Intelligence to provide each customer with a tailored experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Livne
Chief Technical Officer
Eric Shellef
VP - Bus. Development
Iris Getz
VP - Engineering
Kobi Ben-Tzvi
VP - Finance
Erez Kaiser
VP - Human Resources
Yael Kitzis
VP - Marketing
Jacques Botbol
VP - Product Management
Shlomit Shabat
VP - Sales
Ariel Utnik
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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