Israeli AI transcription startup Verbit raises USD 157 million at unicorn valuation

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Verbit, a US-Israeli AI-powered transcription and captioning platform, announced on Tuesday that it has raised USD 157 million in its Series D funding round. This positions the company as a unicorn, a privately held company with a valuation of over USD 1 billion. The round was led by Sapphire Ventures, alongside new investors such as Third Point, More Capital, Lion Investment…
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