Tech Company Financing Transactions
Verbit Funding Round
Verbit, operating out of New York, secured $250 million in funding from Third Point, 40 North Management and Disruptive VC.
Transaction Overview
Company Name
Announced On
11/24/2021
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Series E
Investors
Third Point (Lead Investor) (Robert Schwartz)
Proceeds Purpose
With this investment, Verbit will increase investment in product development and continue the company's vertical and geographical expansion.
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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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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