In his early career as a lawyer, Tom Livne saw how much time and money was being spent on transcription. An entrepreneur at heart, he became inspired to create a transcription service that relied on technology over manual labor. He identified a blue ocean of opportunity when recognizing how many industries, including education, media and enterprise, could also greatly benefit from transcription generated by Artificial Intelligence. Livne and his small team built an AI-based automatic speech recognition machine that could not just transcribe, but caption audio and video content to meet these needs.
The technology has now matured to deliver live solutions to accommodate remote work and student accessibility and disability needs in real-time. A team of 30K on-demand professional transcribers also guarantee customers 99%+ accuracy by fact checking the technology’s work. The result: Verbit is empowering individuals on their education journeys, streamlining workflows, simplifying lives and, despite being complex, providing a technology that’s intuitive and easy to use.